5491 Brown Street, Graceville, FL 32440

Local realty services provided by:ERA Neubauer Real Estate, Inc.
5491 Brown Street,Graceville, FL 32440
$110,000
  • 2 Beds
  • 2 Baths
  • 856 sq. ft.
  • Single family
  • Active
Listed by:kathy s milton
Office:chipola realty
MLS#:778729
Source:FL_BCMLS

Price summary

  • Price:$110,000
  • Price per sq. ft.:$128.5

About this home

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.

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Home facts

  • Year built:1954
  • Listing ID #:778729
  • Added:8 day(s) ago
  • Updated:September 16, 2025 at 02:25 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:856 sq. ft.

Structure and exterior

  • Year built:1954
  • Building area:856 sq. ft.
  • Lot area:0.5 Acres

Finances and disclosures

  • Price:$110,000
  • Price per sq. ft.:$128.5
  • Tax amount:$836 (2024)
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