5491 Brown Street, Graceville, FL 32440

$48,000
2
BD
2
BA

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Sold Price
$48,000
List Price
$50,000
Closing Date
May 12, 2026
MLS#
778729
Bedrooms
2
Bathrooms
2
Full-baths
2
Acres
0.50
Lot Size
21,693
Subdivision
No Named Subdivision
Year Built
1954

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

Stories
1
Lot Dimensions
261.5 X 180.4 X 258

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Calculator source: Real Geeks

Listing courtesy of Chipola Realty. Selling Office: NON-MEMBER OFFICE.