$2,500,000

649 Base Street

Madison, FL 32340

Active
0
Baths
12,204
Sq Ft
1.35
Acres
1969
Built
1.35 acres$146/sqft360° tour
🏠Multi-Family 5+

Property type

🏗️1969

Year built

📐58,719 sqft

Lot size

📊$146

Price / sq ft

🏘️No HOA

HOA dues

📅161

Days on market

🌊x

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$12,641
Property taxes$614
Home insurance (est.)$1,146

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history161 days on market

  1. Status: Active
    Oct 28, 2025
  2. Listed$2,500,000
    Oct 28, 2025
  3. Price increased$2,500,000

Virtual Tour

Facts & features

Property type
Commercial Sale
Sub type
Multi-Family 5+
Status
Active
Days on market
161
County
Madison
Year built
1969
Living area
12,204 sq ft
Price/sq ft
$146
Building area
17,168 sq ft (Public Records)
Lot size
58,719 sq ft
Lot category
1 to less than 2
Flood zone
x
Annual taxes
$7,370 (2024)
Parcel #
21-1N-09-3865-011-000
MLS #
C7516446

Heating & Cooling

Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Assumable, Cash, Special Funding
Ownership
Corporation

Exterior & Construction

Construction materials
Concrete
Roof
Shingle
Foundation
Slab
Road surface
Concrete, Paved

Listing Details

Listing date
2025-10-28
On market date
2025-10-28
Original list price
$2,500,000
MLS area
32340 - Madison
Listing AOR
Port Charlotte
Status changed
2025-10-28
Tax legal description
PART OF NW 1/4 OF SE 1/4 OR 79/439 LESS 1.69 AC OR 258/69 LESS 1.36 AC OR 706/179 TT 3865-11-2 LESS 1.04 AC OR 1077/226 TT 3865-11-3 OR 1077/233 OR 1212/70 OR 1279/183 OR 1287/291 OR 1432/199 OR 1453/82

Location

Flood zone
x

Directions

From I-10, take Exit 251 toward FL-14 N / Madison. Continue north on FL-14 N (S Range St) for about 2 miles. Turn left onto Base Street (US-90 W) and continue for approximately 0.6 mile. Properties — 649 W Base St and 643 W Base St — will be on your left, near the intersection of SW Pinckney St. 912 SW Pinckney St is located just around the corner to the southwest.

More homes like this

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of April 7, 2026 at 11:34 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA