Home\Real Estate\Search Results\5491 Brown Street, Graceville, FL 32440

5491 Brown Street, Graceville, FL 32440

#778729

RES

2/2

Built in 1954

$110,000

Details

Opportunity knocks in the heart of Graceville! This property is primed for investors or savvy buyers looking to build income-producing rentals. The existing structure has a strong head start with new Hardie board siding and a new roof already completed—the big-ticket exterior work is done for you. With interior renovations, you can quickly transform it into a 2-bedroom, 2-bathroom rental unit as the anchor for your project. But the real value lies in the expansion potential: this site is set up to add up to 6 additional units, with city water, sewer, and some power poles already in place. That's the infrastructure you need to scale and create an excellent multi-unit investment property, all within Graceville's convenient downtown setting. Whether you finish the remodel for a single rental or develop the entire property for maximum returns, this is a rare chance to step into a project with both momentum and huge upside.
GENERAL
Real Estate Type RES
Full Bathrooms 2
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Lot Size 1
Real Estate Sub Type SingleFamilyResidence
Square Feet 856
Stories 1
Year Built 1,954
Lot Size Units Acres
Lot Size Area 1
Agent Key 26,983,596
Agent MLS Id B5096
Office Key 5,952,710
Source System Name Central Panhandle Association of REALTORS®
Source System Id TRESTLE
Office Phone 850-482-7788
Agent Url http://www.miltonteam.com
Agent Fax 850-482-5849
Elevation 0
Parcel Number 35-7N-13-0067-0000-0040
Number Of Units Total 0
Tax Legal Description OR 1718 P 727
Internet Address Display True
Internet Automated Valuation Display True
Agent Name Kathy S Milton
Agent Email [email protected]
Agent Cell 850-209-8013
Agent Office 850-482-7788
Broker Id C82
Office Name Chipola Realty
Listing Contract Date 9/5/2025
Status Active
Days On Market 1
Lot Size Dimensions 261.5 X 180.4 X 258
BUILDING
Construction HardiplankType
Style Other
Fireplace False
Parking Total 0
Rooms 5
Utilities None
Private Pool False
Spa False
LOCATION
Subdivision No Named Subdivision
Directions From Marianna travel West and then turn North on Hwy 73
then in 6.6 miles travel North on Hwy 231 8.4 miles
then left on Hwy 2 6.7 miles
then right on Cliff St .6 mi to Brown Street
then turn right and property is approx 800' on Brown Street.
County Jackson
Waterfront False

Questions