$99,900

5491 Brown Street, Graceville, FL 32440

  • 2 beds |
  • 2 baths |
  • 856 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon0.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $117/sqft
  • Property List Date Icon Listed 2 months ago

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. OWNER WILL CONSIDER OWNER FINANCING WITH THE RIGHT OFFER.....

Listing Status:
Active
Date Added:
September 8, 2025 at 05:00AM
Listing Office:
Chipola Realty : 850-482-7788
MLS ID:
778729
  • Style: Other
  • General: HardiPlank Type1
  • Originating MLS: CPAR_CPAR
  • County: Jackson
  • Zoning: OR 1718 P 72735-7N-13-0067-0000-0040
  • Utilities: None
  • Source: CPAR_CPAR

This listing courtesy of Chipola Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Graceville School

5539 Brown St, Graceville, FL, 32440

Grades KG-12

0.44 miles away

G

Graceville School

5539 Brown St, Graceville, FL, 32440

Grades KG-12

0.44 miles away

G

Graceville School

5539 Brown St, Graceville, FL, 32440

Grades KG-12

0.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.