Investors, here's your next value-add opportunity in Grand Ridge, Florida! This vacant single-family property offers 1,925 SF of living space on a full 1-acre lot, presenting an opportunity for investors ready to take on a full renovation and unlock its potential. With an estimated ARV of $305,000, this property offers a projected gross profit of $105,100 based on the provided renovation and acquisition estimates. Beyond the fix-and-flip strategy, the expansive lot creates an opportunity to explore a potential ADU or additional income-producing improvements, subject to zoning, permitting, and site feasibility.
PROPERTY DETAILS
Property Type: Single-Family Residence
Bedrooms: 4
Bathrooms: 1.5
Living Area: 1,925 SF
Year Built: 1950
Lot Size: 43,560 SF (1 Acre)
Condition: Heavy Rehab / Full Gut
Occupancy: Vacant
Click here for Virtual Walthrough: https://drive.google.com/drive/folders/1DXP5lUOXFuf3r6Gxc8DukDpQzc9wTIjv?usp=sharing
DEAL TERMS
Starting Price: $109,900
Earnest Money Deposit: $3,500
Close of Escrow: November 17, 2026
Access: Please call to schedule an appointment
INVESTMENT STRATEGIES
FIX & FLIP
Estimated Rehab: $90K
Total Estimated Project Cost: $199,900
ARV: $305K
Potential Gross Profit: $105,100
Potential Spread: 34%
VALUE-ADD / POTENTIAL ADUCapitalize on the 1-acre lot and explore the possibility of an accessory dwelling unit (ADU), guest house, or other permitted improvements that could add value or create additional income potential. Verify local zoning, utility access, setbacks, and permitting requirements before proceeding.
COMPARABLE SALES
7293 Highway 90, Grand Ridge, FL 32442 — Sold for $345,000 on 07/24/2026
4874 Donna Dr, Marianna, FL 32446 — Sold for $278,000 on 05/14/2026
3382 Bevia Rd, Marianna, FL 32446 — Sold AS-IS for $245,000 on 08/24/2026
At a $109,900 starting price, this is an opportunity for investors who can manage a substantial renovation and execute a strong value-add strategy.
Interested? Call to schedule an appointment and evaluate the potential.
DisclaimersIMPORTANT: This landing page represents an assignment of a purchase contract, not a direct property sale. The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.
Time-sensitive opportunity - this contract is being offered to multiple investors
More About This Property
Nearby Markets12 cities · 8 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.
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ARV $305,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $140,000.