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!
For sale
Price cut: $10K (7/20)
$120,000
4181 Applewhite St, Greenwood, FL 32443
8beds
18,013sqft
Multi Family
Built in 1943
-- sqft lot
$-- Zestimate®
$7/sqft
$-- HOA
What's special
Multiple private entrances
- 201 days
- 2,334
- 131
Zillow last checked:
Listing updated:
Listed by:
Christin Branch 850-272-6251,
Chipola Realty,
Rebecca Robinson 850-557-9440,
Chipola Realty
Source: CPAR,MLS#: 785534
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Description: Buyer to verify
Bedroom
- Description: Buyer to verify
Bedroom
- Description: Buyer to verify
Bedroom
- Description: Buyer to verify
Bedroom
- Description: Buyer to verify
Bedroom
- Description: Buyer to verify
Bedroom
- Description: Buyer to verify
Bedroom
- Description: Buyer to verify
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range
Interior area
- Total structure area: 18,013
- Total interior livable area: 18,013 sqft
Property
Lot
- Size: 1.44 Acres
- Dimensions: 265' x 320' x 136' x 114' x 132' x 142
Details
- Parcel number: 065N09018100600000
- Zoning description: Resid Multi-Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Utilities for property: Sewer Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: [No Recorded Subdiv]
HOA
- Has HOA: No
Location
- Region: Greenwood
Financial & listing details
- Price per square foot: $7/sqft
- Tax assessed value: $138,268
- Annual tax amount: $1,982
- Date on market: 4/25/2026
- Cumulative days on market: 181 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Price change | $120,000-7.7%$7/sqft |
Source: | ||
| 5/4/2026 | Price change | $130,000-7.1%$7/sqft |
Source: | ||
| 4/25/2026 | Listed for sale | $140,000$8/sqft |
Source: | ||
| 4/20/2026 | Pending sale | $140,000$8/sqft |
Source: | ||
| 4/14/2026 | Price change | $140,000-6.7%$8/sqft |
Source: | ||
| 3/4/2026 | Listed for sale | $150,000$8/sqft |
Source: | ||
| 2/28/2026 | Pending sale | $150,000$8/sqft |
Source: | ||
| 2/20/2026 | Listed for sale | $150,000+1858.7%$8/sqft |
Source: | ||
| 10/9/2025 | Sold | $7,658-94.9% |
Source: Public Record Report a problem | ||
| 3/29/2016 | Sold | $150,000+757.1%$8/sqft |
Source: Public Record Report a problem | ||
| 10/1/2001 | Sold | $17,500$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,982 -0.2% | $138,268 |
| 2024 | $1,986 +10.7% | $138,268 +7.7% |
| 2023 | $1,794 +15.2% | $128,386 +12% |
| 2022 | $1,558 +8.1% | $114,590 +10% |
| 2021 | $1,441 -1.9% | $104,173 +0.4% |
| 2020 | $1,468 -4.2% | $103,739 +0.4% |
| 2019 | $1,533 -18.7% | $103,310 -19.1% |
| 2018 | $1,886 | $127,747 +0.7% |
| 2017 | $1,886 | $126,878 +6.8% |
| 2016 | $1,886 +15.4% | $118,784 +22% |
| 2015 | $1,635 +14.8% | $97,361 +3.2% |
| 2014 | $1,425 | $94,370 |
Find assessor info on the county website
Monthly payment
Est. payment