FL > Madison
Madison, FL 32340,649 W BASE ST
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Madison, FL 32340,649 W BASE ST
Madison, FL 32340,649 W BASE ST
Madison, FL 32340,649 W BASE ST
Madison, FL 32340,649 W BASE ST
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Chad Shaffer

Chad Shaffer

+1(386) 405-3133
$ 2,500,000
Est. payment /mo
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Active

649 W BASE ST Madison, FL 32340

12,204 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,204 sqft

Price per Sqft $204

MLS Listing ID C7516446

Construction Status Fixer

HOA Y/N No

Year Built 1969

Annual Tax Amount $7,369

Lot Size 1.350 Acres

Acres 1.35

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

A rare opportunity to own three income-producing properties in the charming heart of Madison, Florida — a peaceful, historic town known for its southern hospitality and small-town growth. This portfolio includes 649 W Base St, 643 W Base St, and 912 SW Pinckney St, offering a total of three individual properties, each with its own character and potential.
All units are conveniently located within minutes of downtown Madison, schools, shops, and dining — yet set on spacious lots that offer privacy, mature landscaping, and room to expand. Together, the properties total over an acre of land, providing investors or multi-family owners the ideal blend of comfort and long-term appreciation.
Each unit features independent entrances, separate utilities, and functional layouts, giving you the freedom to rent for maximum cash flow, transform them into a charming short-term rental portfolio or Build a new Construction.
Whether you're a first-time investor, Builder, experienced landlord, or visionary seeking passive income in a quiet North Florida community, this trio offers an exceptional cap rate opportunity in a market with steady rental demand and limited multi-unit inventory.
Nestled near major routes like Base Street (US-90) and just a short drive from I-10, these properties combine convenience, flexibility, and growth potential. With their solid structures, walkable location, and multiple income streams, this is the kind of deal that rarely comes around in Madison County- Three Properties, One opportunity, Endless potential.

Location

State FL

County Madison

Area 32340 - Madison

Interior

Cooling Central Air

Exterior

Roof Type Shingle

Building

Story 1

Foundation Slab

Lot Size Range 1 to less than 2

Structure Type Concrete

New Construction false

Construction Status Fixer

Others

Ownership Corporation

Acceptable Financing Assumable, Cash, Special Funding

Listing Terms Assumable, Cash, Special Funding

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7516446

Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Annia Garcia DELPHI INVESTMENT REALTY
Chad Shaffer

Chad Shaffer

Owner, Broker & CEO | License ID: BK3059572

+1(386) 405-3133

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