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$99,900
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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. OWNER WILL CONSIDER OWNER FINANCING WITH THE RIGHT OFFER.....
Full Property Details
Full Property Details for 5491 Brown St
General
- Price: $99,900
- Taxes: $835 (2024)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 778729
- Updated: 12/2/2025
- Added to Site: 130 day(s) ago
Interior
- Number of Rooms: 5
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Location
- County: Jackson
- Subdivision: No Named Subdivision
- Driving Directions: From Marianna travel West and then turn North on Hwy 73, then in 6.6 miles travel North on Hwy 231 8.4 miles, then left on Hwy 2 6.7 miles, then right on Cliff St .6 mi to Brown Street, then turn right and property is approx 800' on Brown Street.
Community
- Community Name: 09 - Jackson County
Utilities
- Utility Description: None, Sewer Available
Structural Information
- Architectural Style: Other
- Construction: HardiPlank Type
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,693
- Lot Size: .5
- Lot Dimensions: 261.5 x 180.4 x 258
- Zoning: Resid Multi-Family
Financial Considerations
- Tax Amount: $835.82
- Tax Year: 2024
Disclosures and Reports
- Legal Description: OR 1718 P 727
- Property ID: 35-7N-13-0067-0000-0040
Listed by Chipola Realty
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Schools
Schools serving 5491 Brown St
School District:Jackson County School District, Marianna, FL
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5491 Brown St
Date
Details
Price
Change
Source
11/04/2025
Price Reduced
$99,900
-9.18%
MLS
9/08/2025
Listed
$110,000
46.67%
MLS
10/05/2021
Sold
$75,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5491 Brown St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$734
6%
$42,325
—
2024
$694
9%
$42,325
2%
2023
$636
-41%
$41,311
-36%
2021
$1,083
-11%
$64,345
-13%
2022
$1,211
12%
$73,945
24%
2021
$1,083
4%
$59,619
2%
2019
$1,046
—
$58,616
—
2018
$1,046
-8%
$58,616
1%
2017
$1,132
2%
$58,221
—
2016
$1,112
-1%
$57,945
—
2015
$1,127
—
$57,673
2%
2014
$1,122
3%
$56,698
1%
2013
$1,086
—
$56,303
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5491 Brown St
5491 Brown Street, Graceville, FL 32440 (MLS# 778729) is a Single Family property with 2 bedrooms and 2 full bathrooms. 5491 Brown Street is currently listed for $99,900 and was received on September 08, 2025. Want to learn more about 5491 Brown Street? Do you have questions about finding other Single Family real estate for sale in Graceville? You can browse all Graceville real estate or contact a Coldwell Banker agent to request more information.

