Long ago (aka my freshman year of college), the area was once site to the Regional Rehabilitation Center. Originally its own separate building, this institution has now been incorporated into the school's psychology clinic on the other side of campus. Today, the site is now home to the Honors, Scholars, & Fellows House; which seems to have a greater use to the FSU community for reasons one would have to see for themselves.
The container you are looking for is a micro that, while considerably used in geocaching, actually makes this listing a themed cache because the container can be interpreted either as a cure or cause of addiction; hence is used in rehabilitation.