$110,000
5491 Brown Street
Graceville, FL 32440
MLS# 778729
2 beds  |  2 baths  |  856 sqft
5491 Brown Street, Graceville, FL 32440
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5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440 5491 Brown Street, Graceville, FL 32440

Property Description
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.

Details
Maps
Contract Info
Status: Active
List Date: 2025-09-05
List Price: $110,000
List Price/SqFt: 128.5
Current Price: $110,000
Location
Area: 09 - Jackson County
Street #: 5491
Street Name: Brown
Street Suffix: Street
State: FL
Zip Code: 32440
County: Jackson
Sub Area: 0905 - Jackson - Campbellton/Graceville/Cottondale
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 35-7N-13-0067-0000-0040
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.
Legal Description: OR 1718 P 727
General Property Info
Sub-Type: Detached Single Family
Design: Other
Apx SqFt(Htd/Cooled): 856
SqFt Source: Prop App Site
Bedrooms: 2
Full Baths: 2
Total Baths: 2
# of Stories in Building: 1
Year Built: 1954
Construction Status: Under Construction
New Construction: No
Garage Y/N: No
Lot Dimensions: 261.5 X 180.4 X 258
Acreage: 0.5
Lot Size (SqFt): 21693
Pool: No
Property Features
Appliances: None
Cooling: None
Heating: None
Financing: Cash; Conventional; Seller Financing
Furnished: Unfurnished
Rooms: Bedroom; Dining Room; Kitchen; Living Room
Utilities: Sewer Available; Public Water - Available
Present Zoning: Resid Multi-Family
Room Information
Room Name Dimensions Length Width Dimensions
Kitchen18.04 x 10.0918.0410.0918.04 x 10.09
Living Room17.71 x 11.0217.7111.0217.71 x 11.02
Dining Room8.65 x 11.618.6511.618.65 x 11.61
Bedroom11.17 x 11.9411.1711.9411.17 x 11.94
Bedroom11.23 x 11.9411.2311.9411.23 x 11.94

Listing Office: Chipola Realty

Last Updated: September - 08 - 2025

Information deemed reliable but not guaranteed.

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