Description
Situated on more than an acre of land just North of Marianna, this expansive multifamily property presents a rare opportunity for visionary investors and developers. With substantial square footage and multiple private entrances, the layout offers incredible flexibility for a wide range of future uses. While renovations are needed, the possibilities here are truly exceptional. Reimagine the space as income-producing apartments, an assisted living facility (ALF), childcare center, vendor marketplace, or explore redevelopment options such as creating a mobile home park. The existing structure provides a strong foundation for transformation, and the center portion could potentially be removed to create a stunning courtyard or outdoor entertainment area--adding both value and appeal. Due to the size and multiple-entry configuration of the building, bedroom and bathroom counts will need to be verified, offering buyers the opportunity to design and configure the space to meet their specific needs. Enjoy the peace and privacy of a rural setting while remaining conveniently located approximately one hour from Dothan, Tallahassee, and Panama City. This strategic location provides tranquil surroundings without sacrificing access to major employment centers, shopping, dining, and other NWFL attractions. Bring your vision and unlock the tremendous potential this unique property has to offer!
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8BEDS
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1.44ACRES
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4BATHS
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01/2 BATHS
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18,013SQFT
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$8$/SQFT
School Ratings & Info
Description
Situated on more than an acre of land just North of Marianna, this expansive multifamily property presents a rare opportunity for visionary investors and developers. With substantial square footage and multiple private entrances, the layout offers incredible flexibility for a wide range of future uses. While renovations are needed, the possibilities here are truly exceptional. Reimagine the space as income-producing apartments, an assisted living facility (ALF), childcare center, vendor marketplace, or explore redevelopment options such as creating a mobile home park. The existing structure provides a strong foundation for transformation, and the center portion could potentially be removed to create a stunning courtyard or outdoor entertainment area--adding both value and appeal. Due to the size and multiple-entry configuration of the building, bedroom and bathroom counts will need to be verified, offering buyers the opportunity to design and configure the space to meet their specific needs. Enjoy the peace and privacy of a rural setting while remaining conveniently located approximately one hour from Dothan, Tallahassee, and Panama City. This strategic location provides tranquil surroundings without sacrificing access to major employment centers, shopping, dining, and other NWFL attractions. Bring your vision and unlock the tremendous potential this unique property has to offer!
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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Data last updated: 2026-04-14T00:04:13.117.

Listing provided courtesy of Chipola Realty: 850-482-7788. Listing information © 2026 Central Panhandle Association of Realtors MLS.