Aerial view of homes in the Preakness Point neighborhood, Tallahassee, FL

Preakness Point · Northeast Tallahassee

Preakness Point Homes for Sale

Last updated: November 8, 2026

Preakness Point is a neighborhood of 15 single-family homes in Northeast Tallahassee. Homes here were built from 2006 through 2023.

Preakness Point market intelligence

Preakness Point Homes for Sale

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At a glance

Preakness Point Key Facts

  • Location: Northeast Tallahassee
  • ZIP Code: 32308
  • Homes: 15 single-family homes
  • Construction Era: From 2006 through 2023; median year built 2008
  • Median home size: 3,259 square feet
  • Most common layout: 4 bedrooms, 3 bathrooms
  • Owner-Occupied: 73% owner occupied
  • Elementary school: Sullivan Elementary, 2.5 miles, Florida DOE school grade B (2026), (850) 487-1216
  • Middle school: Cobb Middle, 2.7 miles, Florida DOE school grade A (2026), (850) 488-3364
  • High school: Leon High, 3.8 miles, Florida DOE school grade B (2026), (850) 617-5700
  • Median lot size: 0.28 acres

Property and Neighborhood Explorer

Preakness Point Boundary and Lots

The map below outlines the Preakness Point boundary and every lot inside it. A click on any lot shows its last sale, and the search box finds a home by address.

Zoom in and click any lot for its details.

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Neighborhoods Near Preakness Point

Every Tallahassee neighborhood we cover is in the neighborhood directory, so you can line Preakness Point up against any of them.

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Preakness Point Homes for Sale

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Homes and setting

Preakness Point Homes: 15 Single-Family Homes

All 15 homes in Preakness Point are single-family homes, built from 2006 through 2023.

The median home size in Preakness Point is 3,259 square feet of heated and cooled space. The most common layout here is four bedrooms and three bathrooms.

In Preakness Point, 33% of owners have held their home for ten years or more.

Preakness Point is mostly owner occupied, with owners living in 73% of the homes.

Preakness Point is in ZIP code 32308. The homes here line Preakness Point.

Drive Times From Preakness Point

Downtown & campus
I-10, Exit 203
about 6 minutes
1.9 miles
Florida Capitol
about 11 minutes
3.8 miles
Florida State University
about 12 minutes
4.2 miles
Florida A&M University
about 15 minutes
5.2 miles
Bobby Bowden-Tallahassee International Airport
about 23 minutes
14.9 miles
Hospitals
The coast
Hospitals
Tallahassee Memorial Hospital
about 8 minutes
2.8 miles
HCA Florida Capital Hospital
about 8 minutes
3.1 miles
The coast
Shields Marina, St. Marks
about 42 minutes
24 miles
Carrabelle Marina
about 1 hour 20 minutes
58.2 miles
St. George Island
about 1 hour 50 minutes
79.5 miles

Where Is the Tallahassee Market Headed?

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Preakness Point, Northeast Tallahassee

Association and Dues

Preakness Point has its own homeowners association. Dues can change from time to time, so confirm the current amount with your Joe Manausa Team member before you make an offer.

Preakness Point market

Preakness Point Home Prices and Sales

0Sales closed, past 12 months
15Preakness Point homes

Sales records for Preakness Point begin in 2006 and run through November 8, 2026. The figures below leave out family transfers, bank sales, and short sales.

How Much Do Preakness Point Homes Sell For?

Median price of the homes sold each year in Preakness Point, existing homes and new construction, with 2026 covering January to November

Medians describe the homes that sold each year, not the value of any one home.

A dot on its own marks a year with sales but no sales the year before or after.

Sources: Tallahassee Board of Realtors Multiple Listing Service and the Leon County Property Appraiser. Sales updated November 8, 2026.

New construction and existing homes are always charted separately, so a year's new-construction figure can come from just one or two sales.

Annual figures
Median sale price, by closing year
YearPreakness Point existing homesPreakness Point new constructionLeon County existing homesLeon County new constructionPreakness Point sales (existing / new)
2026$305,000$436,9000 / 0
2025$289,600$419,9000 / 0
2024$1,100,000$288,500$416,1501 / 0
2023$1,050,000$270,000$410,7000 / 1
2022$925,000$245,000$415,7503 / 0
2021$801,200$820,000$225,000$325,0002 / 1
2020$730,000$215,000$302,1500 / 1
2019$695,000$195,000$279,9001 / 0
2018$188,000$310,5000 / 0
2017$616,000$185,000$285,4001 / 0
2016$178,400$289,0000 / 0
2015$600,000$178,000$269,8501 / 0
2014$688,750$176,000$276,1002 / 0
2013$175,000$282,9000 / 0
2012$495,000$169,000$270,9000 / 1
2011$167,800$244,6500 / 0
2010$500,000$170,000$192,0001 / 0
2009$570,000$168,000$184,5001 / 0
2008$712,500$177,500$202,2500 / 2
2007$179,600$193,5000 / 0
2006$780,000$176,500$183,5000 / 1

How Much Are Preakness Point Homes Worth?

Median home value, in price per square foot, each year in Preakness Point, existing homes and new construction, with 2026 covering January to November

Medians describe the homes that sold each year, not the value of any one Preakness Point home.

A dot on its own marks a year with sales but no sales the year before or after.

Sources: Tallahassee Board of Realtors Multiple Listing Service and the Leon County Property Appraiser. Sales updated November 8, 2026.

New construction and existing homes are always charted separately, so a year's new-construction figure can come from just one or two sales.

Annual figures
Median price per square foot, by closing year
YearPreakness Point existing homesPreakness Point new constructionLeon County existing homesLeon County new constructionPreakness Point sales (existing / new)
2026$199$2360 / 0
2025$194$2440 / 0
2024$344$193$2391 / 0
2023$392$186$2310 / 1
2022$248$170$2083 / 0
2021$252$240$152$1832 / 1
2020$228$137$1730 / 1
2019$217$126$1721 / 0
2018$123$1710 / 0
2017$185$117$1641 / 0
2016$113$1550 / 0
2015$190$110$1521 / 0
2014$180$107$1472 / 0
2013$105$1440 / 0
2012$155$100$1370 / 1
2011$102$1300 / 0
2010$142$109$1221 / 0
2009$171$113$1271 / 0
2008$211$122$1310 / 2
2007$129$1380 / 0
2006$248$130$1360 / 1

How Big Are the Homes That Sell in Preakness Point?

Median home size, in square feet, each year in Preakness Point, existing homes and new construction, with 2026 covering January to November

Medians describe the homes that sold each year, not the value of any one home.

A dot on its own marks a year with sales but no sales the year before or after.

Sources: Tallahassee Board of Realtors Multiple Listing Service and the Leon County Property Appraiser. Sales updated November 8, 2026.

New construction and existing homes are always charted separately, so a year's new-construction figure can come from just one or two sales.

Annual figures
Median size (sq ft), by closing year
YearPreakness Point existing homesPreakness Point new constructionLeon County existing homesLeon County new constructionPreakness Point sales (existing / new)
20261,5661,8730 / 0
20251,5441,7470 / 0
20243,1981,5221,7861 / 0
20232,6791,4881,7910 / 1
20223,7251,4761,9353 / 0
20213,1843,4201,5021,8072 / 1
20203,1981,5811,7570 / 1
20193,2021,5691,6701 / 0
20181,5501,7910 / 0
20173,3361,5941,7441 / 0
20161,6261,8030 / 0
20153,1511,6821,7641 / 0
20143,2021,6961,8762 / 0
20131,7002,0100 / 0
20123,2021,7291,9870 / 1
20111,7031,7830 / 0
20103,5211,6441,5731 / 0
20093,3361,5371,4871 / 0
20083,3861,5041,5700 / 2
20071,4651,5350 / 0
20063,1511,4691,4700 / 1

Preakness Point Recent Sales

Recent Preakness Point home sales
AddressPricePrice / sq ftClosing dateYear builtSq ftSale type
$1,100,000$3442024-03-2720203,198Existing
$1,050,000$3922023-09-1220232,679New
$810,000$2042022-08-1520063,972Existing
$1,000,100$3292022-04-1420063,038Existing
$925,000$2482022-03-0120093,725Existing
$839,900$2622021-12-2920123,202Existing
$820,000$2402021-06-0420213,420New
$762,500$2412021-02-1720083,166Existing
$730,000$2282020-05-0420203,198New
$695,000$2172019-05-0120123,202Existing
$616,000$1852017-05-0320073,336Existing
$600,000$1902015-09-0320063,151Existing
$577,500$1802014-11-2520123,202Existing
$800,0002014-09-292006Existing
$495,000$1552012-03-2220123,202New
$500,000$1422010-12-1520063,521Existing
$570,000$1712009-01-1620073,336Existing
$700,000$2212008-12-1020083,166New
$725,000$2012008-10-2320073,605New
$780,000$2482006-06-2120063,151New
Showing 20 of 20 sales

Sources: the Leon County Property Appraiser and the MLS.

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Schools

Schools Serving Preakness Point

2026–27 attendance zones

Assigned Public Schools

All homes in Preakness Point are zoned for Sullivan Elementary School, Cobb Middle School, and Leon High School.

Sullivan Elementary School is 2.5 miles from Preakness Point and has a Florida DOE school grade of B (2026). Its phone number is (850) 487-1216.

Cobb Middle School is 2.7 miles away and has a Florida DOE school grade of A (2026). Its phone number is (850) 488-3364.

Leon High School is 3.8 miles away and has a Florida DOE school grade of B (2026). Its phone number is (850) 617-5700.

Sullivan Elementary SchoolFlorida DOE school grade: B (2026)All 15 homes in Preakness Point
Cobb Middle SchoolFlorida DOE school grade: A (2026)All 15 homes in Preakness Point
Leon High SchoolFlorida DOE school grade: B (2026)All 15 homes in Preakness Point

School zones can change from time to time, so check the current assignment for the exact address before you buy.

The Leon County Schools zone lookup shows the assigned schools for any address.

Other Schools Nearby

Charter Schools

These are tuition-free public schools open to students from any Leon County address.

Buying in Preakness Point

Buying a Home in Preakness Point

Fewer than one home a year comes up for sale in Preakness Point, and only 11 have sold in the past ten years, so a buyer who wants to live here has to be ready when one does. Ready means you choose your agent first, build the plan together, and then find the house. Our plan is to negotiate from what the home is worth, not from an inflated asking price. Ask us for the plan before you start looking.

Plan Your Preakness Point Search

To see every home for sale that fits your search, in Preakness Point or nearby, use the Home Finder.

If you plan to buy here, the Tallahassee home buying guide lays out the steps in order.

To turn a Preakness Point price into a monthly payment, use the mortgage calculator.

Selling in Preakness Point

Selling a Home in Preakness Point

Most sellers negotiate with one buyer at a time. Our selling plan is built to bring several buyers together so they compete for your home. Ask us how that plan would work when you sell in Preakness Point.

If you own a home here and plan to sell, the Tallahassee home selling guide covers what to decide before the home goes on the market.

To learn what your Preakness Point home is worth today, request a home evaluation.

The home marketing plan shows how our selling plan is built to bring several buyers to the same home.

What Is Your Preakness Point Home Worth Right Now?

Preakness Point questions

Preakness Point Frequently Asked Questions

Are new homes still being built in Preakness Point?

Not right now. The newest home in Preakness Point was built in 2023, and three lots are still vacant, so new homes could still go up.

What homes have recently sold in Preakness Point?

The most recent sale in Preakness Point was 1325 Preakness Pt, which sold for $1,100,000 on March 27, 2024. Before that, 1314 Preakness Pt sold for $1,050,000 on September 12, 2023, and 1318 Preakness Pt sold for $810,000 on August 15, 2022. See all 20 recent sales in the table above.

What types of homes are in Preakness Point?

All 15 homes in Preakness Point are single-family homes. The median home size is 3,259 square feet of heated and cooled space, and the most common layout is four bedrooms and three bathrooms.

Which public schools serve the Preakness Point neighborhood?

Sullivan Elementary School, Cobb Middle School, and Leon High School. School zones can change from time to time, so confirm the current assignment for the home you choose with your Joe Manausa Team member.

Are homes in Preakness Point in a flood zone?

No. None of the 15 lots in Preakness Point are in a FEMA 1%-chance flood zone.

How old are the homes in Preakness Point?

Homes in Preakness Point were built from 2006 through 2023. The median year built is 2008, so half the homes are older than 18 years and half are newer.

Do homes in Preakness Point have pools?

Yes. In Preakness Point, 13.3% of the homes have a pool.

How should a home in Preakness Point be valued?

A home in Preakness Point is best valued against recent sales of similar homes here, adjusted for differences in size, condition, updates and lot. Online estimates can't see inside a home, so for a figure on one home, request a home evaluation from a Joe Manausa Team member.

Questions about one Preakness Point address

Ready to Talk About a Preakness Point Property?

This page describes Preakness Point as a whole, not the one home you have in mind. Bring your questions about that home to a Joe Manausa Team member before you decide.

For local services you may need before or after a move, see our preferred vendor list.

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