5491 Brown Street, Graceville, FL 32440

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Sold Price
$48,000
List Price
$50,000
Status
CLOSED
Closing Date
May 12, 2026
MLS#
778729
Subtype
Residential
Style
Other
Year Built
1954
Bedrooms
2
Bathrooms
2
Full Baths
2
Lot Size
21,693
Acres
0.50
Subdivision
No Named Subdivision
Neighborhood
Jackson - Campbellton/Graceville/Cottondale
MLS Area Major
Jackson County

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.

Additional Information

Property Description
Other
Zoning
Resid Multi-Family
Exterior Construction
HardiPlank Type
Stories
1
Levels
One

Listing courtesy of Chipola Realty.

Selling Office: NON-MEMBER OFFICE.

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