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Size: 4.43 Acres

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MULTI_FAMILY - Marianna, FL

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. 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)

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Denovo Realty

License #3417552

Melbourne, FL

(321) 213-2263

Jeffrey Karl Porter

Denovo Realty
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Denovo Realty, (321) 237-1887
Source: ListHub, MLS# 1054166
Listing status: Active
Listing last updated: November 29, 2025 at 2:35 PM
Listing last checked: December 1, 2025 at 11:30 AM
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