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Denovo Realty Logo New Active Commercial Sale Multifamily

3034 Jefferson Street, Marianna, Florida, 32446, USA

USD $5,496,000
Reference ID:1054166 Web ID:e94f2
  • 44-unit townhome community

  • 4.43-acre site with R-3 zoning

  • Mix of 2BR and 3BR townhomes

  • 100% current occupancy rate

  • Zoning allows up to 70 units

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.
  • Transaction Type:Commercial Sale
  • Property Type:Multifamily
  • Status:Active
  • Area:51,814 sf
  • Year Built:2000
  • Lot Size:4.43 Acres
  • Cooling:Central Air
  • Parking:Parking Lot
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Businesses Nearby

Farmhouse Chick Catering & Takery

(0.7 miles away)

Southern Craft Creamery

(0.8 miles away)

Gazebo Coffee Shoppe & Deli

(0.8 miles away)

Jin Jin Chinese Restaurant

(0.8 miles away)

Yamato Steak House of Japan

(0.9 miles away)

Bistro Palms

(0.9 miles away)

Jim's Buffet & Grill

(0.9 miles away)

The Waffle Iron Of Marianna

(0.9 miles away)

Spears Cafe

(1 mile away)

The Wharf Casual Seafood

(2 miles away)
Public Transportation

J Trans

(2 miles away)
Airports

Marianna Municipal Airport

(4 miles away)

Aero-Custom Airstrip

(5 miles away)

Marianna VORTAC MAI 114.0

(6 miles away)

Panhandle Aviation Airport

(8 miles away)

Tri-County Airport Authority

(23 miles away)

Northwest Florida Beaches International Airport

(45 miles away)

Tallahassee International Airport

(59 miles away)

Sarasota Bradenton International Airport

(284 miles away)

Southwest Florida International Airport

(361 miles away)
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Property Highlights

  • 44-unit townhome community

  • 4.43-acre site with R-3 zoning

  • Mix of 2BR and 3BR townhomes

  • 100% current occupancy rate

  • Zoning allows up to 70 units