FL > Marianna
Marianna, FL 32446,3034 Jefferson ST
Marianna, FL 32446,3034 Jefferson ST
Marianna, FL 32446,3034 Jefferson ST
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Found It Team

Found It Team

+1(800) 790-7576
$5,200,000
Est. payment /mo
84 Baths
51,814 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 51,814 sqft

Price per Sqft $100

MLS Listing ID 1054166

Total Fin. Sqft 51814

Year Built 2000

Annual Tax Amount $30,150

Tax Year 2024

Lot Size 4.430 Acres

Acres 4.43

Property Sub-Type Multi Family

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

Welcome to The Grove Townhome Apartments, an established 44-unit B-Class community in Marianna, FL, offering strong in-place cash flow and multiple growth paths in a high-demand rental market.



Highlights:
✅ 100% occupancy—units lease within a week
✅ $800K+ invested in recent renovations
✅ Projected NOI: $362,785 (2025) → $426,603 (2026) → $466,807 (2027)
✅ Zoning for up to 70 units (16 units/acre)
✅ 17.5% NOI growth projected for 2026
✅ Clear upside via unit conversions, market rent adjustments & expansion potential
✅ Cost segregation benefits projected at $893,296+ (report included in OM)

Location

State FL

County Jackson

Area 999 - Out Of Area

Direction From Brevard County, take I-95 N to Jacksonville, merge onto I-10 W toward Tallahassee. Follow I-10 W ~224 miles, take Exit 142 for SR-71 N toward Marianna. Turn right on SR-71 N, then left on US-90 W/Jefferson St. Continue to 3034 Jefferson St., Marianna, FL. Total ~404 miles, about 6 hours.

Interior

Cooling Central Air

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Parking Lot

Utilities Available Water Connected

Roof Type Shingle

Present Use Multi-Family

Garage No

Building

Lot Description Many Trees

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 34-5n-10-0437-0000-0080

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/spc/1054166

Read Less Info
Space Coast Association of Realtors (Brevard MLS)
Listed by Denovo Realty

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3034 Jefferson ST

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Found It Homes

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