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3034 Jefferson Street Marianna, FL $ 5,200,000
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$ 5,200,000 Get more info
3034 Jefferson Street
$ 5,200,000
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Share Save

3034 Jefferson Street

Marianna, FL, 32446
$ 5,200,000
Bedrooms-- Baths84.0 Sq 51,814

Monthly Estimate*

$ 32,441

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Commercial Property for sale in Marianna, FL

for $5,200,000 with 84 full baths. This 51,814 square foot building was built in 2000 on a lot size of 4.43.

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)

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Commercial Active

Price

$ 5,200,000

Full Bath

84

Property Type

Commercial

Taxes

$ 30,150

Style

Multi Family

Lot Size

4.43

Year Built

2000

Town/City

Marianna

County/Region

Jackson

MLS | Web ID

1054166
Features
General
Living Area 51814.0
Sewer Public Sewer
Cooling Central Air
Utilities Water Connected
Possession Close Of Escrow
Roof Shingle
Construction Materials Brick Frame Vinyl Siding
Year Built 2000
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family
Building Name The Grove Townhome Apartments
County Jackson
Property Type Commercial Sale
HOA N
Attached Garage N
Subdivision Name None
Status Active
Directions 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/Je
City Marianna
Senior Community Y/N N
Number Of Units Total 44
MLS Area 999 - Out of Area
Lot Size Units Acres
Lot Size Square Feet 192970.8
Land Lease Y/N N
Tax Annual Amount 30150.7
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 999 - Out of Area
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1054166
Standard Status Active
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Exterior
Parking Features Parking Lot
Lot Features Many Trees
Water Source Public
Inclusions Building & Land
Lot Size Area 4.43
Spa N
Lot Size Acres 4.43
Waterfront Y/N N
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Total Baths 84
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Internal Only
Street Number 1 3034
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* Excluded Features
List By
Denovo Realty

Broker

team@j2porterteam.com

Email

Affordability Calculator

$34,954
Per Month
93%
7%
0%
Monthly Principal & Interest
$32,441
Monthly Property Taxes
$2,513
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/24/2025$5,200,000 -5.39% Price Down
8/11/2025$5,496,000 Listed Price

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3034 Jefferson Street, Marianna, FL, 32446 is a Commercial Property for sale at $5,200,000 with 51,814 sqft and a lot size of 4.43. 3034 Jefferson Street has 84.0 baths and was built in 2000. The property's zip code is 32446 which is in Marianna, FL

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