FL > Marianna
Marianna, FL 32446,3034 Jefferson ST
Marianna, FL 32446,3034 Jefferson ST
Marianna, FL 32446,3034 Jefferson ST
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$5,496,000
Est. payment /mo
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84 Baths
51,814 SqFt
New

3034 Jefferson ST Marianna, FL 32446

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London Foster Florida

London Foster Florida

+1(844) 566-3663

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 51,814 sqft

Price per Sqft $106

MLS Listing ID 1054166

Total Fin. Sqft 51814

Year Built 2000

Annual Tax Amount $30,150

Tax Year 2024

Lot Size 4.430 Acres

Acres 4.43

Property Sub-Type Multi Family

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

3034 Jefferson Street is a stabilized, B Class 44-unit townhome community in Marianna, FL, delivering strong in-place cash flow with current annual rent of $557,091 and NOI of $362,784. Set on 4.43 acres with R-3 zoning, it offers a mix of 2BR and 3BR townhomes—many recently renovated. Occupancy is 100%, with units renting quickly, often within a week. Upside includes converting remaining MTM tenants to market rate and upgrading 7 more units to 3BRs for proven rent premiums. Zoning allows up to 70 units, supporting future development. Minutes from I-10 and major employers such as Family Dollar, Jackson Hospital, and Chipola College, the property benefits from Marianna's projected 28% job growth and strong demand for 3BR rentals under $1,500, ensuring durable income and long-term appreciation potential.

Location

State FL

County Jackson

Area 999 - Out Of Area

Direction 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/Jefferson St. Continue to 3034 Jefferson St., Marianna, FL. Total ~404 miles, about 6 hours.

Interior

Cooling Central Air

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Parking Lot

Utilities Available Water Connected

Roof Type Shingle

Present Use Multi-Family

Garage No

Building

Lot Description Many Trees

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 34-5n-10-0437-0000-0080

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/spc/1054166

Space Coast Association of Realtors (Brevard MLS)
Listed by Denovo Realty

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agent

London Foster Florida

+1(844) 566-3663

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3034 Jefferson ST