1844 Mount Cello Rd, Marianna, FL 32448
$149,000
- 3 bed
- 2 bath
- 1,456 sqft
- Built 1991
- Jackson County
1844 Mount Cello Rd, Marianna, FL 32448 Asking Price: $149,000 Estimated Repairs: $10,000 Estimated ARV: $210,000–$230,000 Looking for acreage, privacy, and upside? This property sits on an impressive 10-acre parcel (approximately 435,600 sq. ft.) in Marianna, Florida. Public real-estate records identify the property as a 3-bedroom, 2-bath home built in 1991. At an asking price of just $149,000 and an estimated $10,000 in repairs, an investor would be approximately $159,000 all-in before closing, financing, holding, and resale costs. ARV & Investment Potential Based on available property valuations and recent sales in the Marianna area, I would conservatively estimate the ARV around $210,000–$230,000, depending on the quality of the renovation and the property's final condition. Realtor.com's automated valuation was approximately $236,086, while Zillow's estimate was approximately $188,500, showing a fairly wide valuation range for this unique acreage property. At a $220,000 target ARV, the numbers would look approximately like this: Purchase: $149,000 Repairs: $10,000 Estimated Total Basis: $159,000 Target ARV: $220,000 Potential Gross Spread: $61,000 Gross spread does not account for closing costs, financing, holding costs, commissions, taxes, or other transaction expenses. Recent Area Sales Recent Marianna-area sales provide additional context: 5352 Rocky Creek Rd – 2 BR / 2 BA, 1,536 sq. ft. – Sold for $165,000 on 07/17/2026 4908 Davis Dr – 3 BR / 2 BA, 2,153 sq. ft. – Sold for $225,500 on 02/06/2026 5375 Suncrest Rd – 4 BR / 3 BA, 2,128 sq. ft. – Sold for $279,000 on 04/02/2026 1889 Delta Ln – 3 BR / 1 BA, 1,512 sq. ft. – Sold for $150,000 on 02/27/2025 Additionally, 40 acres on Mount Cello Rd sold for $230,000 on 02/27/2026, demonstrating the underlying value of acreage in the immediate area. Asking Only $149,000! With 10 acres, approximately $10,000 in estimated repairs, and significant potential upside, 1844 Mount Cello Rd offers an attractive opportunity for an investor looking for a value-add property with land. Asking Price: $149,000 – Bring Your Offer! Property details, repair estimates, and ARV should be independently verified by the buyer. Public sources conflict on the home's reported living area, so square footage should also be verified before marketing or underwriting.
