$2,500,000
Active649 W Base St, Madison, FL 32340
12,204 sq ft
Listing courtesy of DELPHI INVESTMENT REALTY Β· MLS# C7516446
365 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this property
A rare opportunity to own three income-producing properties in the charming heart of Madison, Florida β 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 β 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 youβre 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.
Facts
- Property type
- Multi-Family 5+
- Year built
- 1969
- Flood zone
- X
- Annual taxes
- $7,370/yr
- Listed
- Oct 28, 2025
- MLS #
- C7516446
Commercial details
Building & site
- Building size
- 17,168 SF
- Lot size
- 1.35 acres (58,719 SF)
- Road frontage
- City Street
- Buildings
- 3
Investor metrics
- Price per SF (MLS)
- $145.62/SF
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β confirm with the listing broker before relying on them. We never estimate a cap rate.
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649 W Base St, Madison, FL 32340
Listing courtesy of DELPHI INVESTMENT REALTY Β· MLS# C7516446 Β· Active
Where this property is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
