3034 Jefferson StreetMarianna, FL 32446
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Welcome to The Grove Townhome Apartments — an established 44-unit B-Class community in Marianna, FL, offering strong in-place cash flow and multiple growth paths in a high-demand rental market. 📈 Local Market Strength: Marianna's population is growing 4.4% annually (+32.37% since 2020, World Population Review). Median income up 37.52% since 2023 (Neilsberg). Job growth projected at 28.6% through 2034 (Best Places). 🏘️ Highlights: • 100% occupancy; units lease within a week • $800K+ recent renovations • NOI: $362,785 (2025) → $426,603 (2026) → $466,807 (2027) • Zoned for up to 70 units (16 units/acre) • 17.5% projected NOI growth (2026)
| 3 weeks ago | Price changed to $5,200,000 | |
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 months ago | Listing first seen on site |
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