JoinServicesInsightsAbout Us
USAFLMariannaWatson Heights Sub #13034 Jefferson St
3034 Jefferson St, Home with 0 bedrooms, 84 bathrooms and null parking in Marianna FL | Image 1
Link Copied
$5,496,000

3034 Jefferson St, Marianna, FL

Real Estate

For Sale

$--,---,---
0840
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size 51814 sqft
Garage No
Maintenance Fees 
Taxes $30,151
Days Active 36
Approx. Age 2000
Avg. Price Per Sqft $106
MLS® Number 1054166

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Discover The Grove Townhome Apartments — A Proven Performer with Compelling Upside. The Grove is a stabilized, 44-unit B-Class community on 4.43 acres of R-3 zoned land in Marianna, FL, offering both strong in-place cash flow and meaningful value-add potential. Recent $800K+ in renovations have enhanced curb appeal and efficiency. The property is 100% occupied, with units leasing in under a week, underscoring local demand. Income upside is immediate: NOI is projected to rise 17.5% by 2026 through market rent adjustments, converting month-to-month tenants, and upgrading the seven remaining 2BR units to 3BR layouts proven to command premiums. Zoning permits up to 70 units, supporting long-term expansion. Ideally located near I-10, Family Dollar, Jackson Hospital, and Chipola College, The Grove benefits from 28% projected job growth and strong demand for affordable 3BR rentals under $1, 500. With its solid mix, development potential, and detailed financials availableShow Description
MLS® Number1054166
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2000
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CCentral Air
Heating Fuel

Extras

Building & Land

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing