3034 Jefferson Street Marianna, FL 32446
Single Family Attached
MLS #: 1054166
Courtesy Of Denovo Realty
Property InformationDescription
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.
Features
- Age: 21-30 Years Old
- Architecture Style: Other
- Building Units: 44
- Cooling System: Central Air
- Exterior Type: Frame
- Exterior Type: Brick
- Exterior Type: Vinyl Siding
- MLSID: 1054166
- Roof Type: Shingle
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