5491 Brown Street, Graceville, FL 32440
Local realty services provided by:ERA Neubauer Real Estate, Inc.
5491 Brown Street,Graceville, FL 32440
$99,900
- 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:$99,900
- Price per sq. ft.:$116.71
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.
OWNER WILL CONSIDER OWNER FINANCING WITH THE RIGHT OFFER.....
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Home facts
- Year built:1954
- Listing ID #:778729
- Added:57 day(s) ago
- Updated:November 04, 2025 at 07:37 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:$99,900
- Price per sq. ft.:$116.71
- Tax amount:$836 (2024)
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