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Homes for sale in Graceville, FL | 5491 Brown St, Graceville, FL 32440 | MLS# 778729
Homes for sale in Graceville, FL | 5491 Brown St, Graceville, FL 32440 | MLS# 778729
Homes for sale in Graceville, FL | 5491 Brown St, Graceville, FL 32440 | MLS# 778729
Homes for sale in Graceville, FL | 5491 Brown St, Graceville, FL 32440 | MLS# 778729
Homes for sale in Graceville, FL | 5491 Brown St, Graceville, FL 32440 | MLS# 778729
15+
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$77,000

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths

    2 full baths

  • Beds Icon--sqft

5491 Brown St, Graceville, FL 32440

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  • Single Family Residence

  • Built in 1954

  • $-- HOA

  • 0.5 acre lot

  • --/sqft

Description

Opportunity knocks in the heart of Graceville! This property is primed for investors or savvy buyers looking to build income-producing rentals. The existing structure has a strong head start with new Hardie board siding and a new roof already completed—the big-ticket exterior work is done for you. With interior renovations, you can quickly transform it into a 2-bedroom, 2-bathroom rental unit as the anchor for your project.

But the real value lies in the expansion potential: this site is set up to add up to 6 additional units, with city water, sewer, and some power poles already in place. That's the infrastructure you need to scale and create an excellent multi-unit in...

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  • Houzeo last checked: 42 Minutes ago
  • Listing updated: February 3, 2026 at 10:10 pm
  • Listing Provided by: Kathy S Milton (850) 482-7788 DRE #BK659573, Lauren M Lyons (850) 209-5710 DRE #BK3204925 | Chipola Realty (850) 482-7788
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 778729 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Jackson County

  • City

    Graceville

  • Neighborhood

    --

  • Year Built

    1954

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    0.5 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    778729

  • MLS Status

    Active

  • Days on Market

    149

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