3034 Jefferson ST Marianna, FL 32446

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
Special Buyer Incentives:
• Up to $50,000 credit toward completing conversion of seven remaining 2BR units to 3BR layouts.
• Up to $50,000 closing cost credit for offers closing by Dec. 31, 2025.
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)
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

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