
649 W BASE STREET, MADISON, FL 32340
Madison County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1969
Stories
1
Living Area
17,168 sq ft
Lot Size
1.35 acres
Ownership
Corporation
Days on Market
161
MLS® Listing#
C7516446
Property Features
Cooling
Construction
Foundation
Roof
Financial Details
Annual Taxes
$7,370
Tax year 2024
Parcel Number
21-1N-09-3865-011-000
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.
Affordability Calculator
$500,000
Estimated monthly payment
$13,306/mo
Principal $2,000,000 · Est. interest $2,790,178 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in MADISON, FL
- $364,286
- Median Listing Price
- 82
- Median Days on Market
- 2,002
- Median Sq Ft
- $156
- Median Price / Sq Ft
- 47
- Active Listings
- This home’s price is 586% above the area median.
- Its price per sq ft is 7% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in MADISON, FL.
Location
Points of Interest in MADISON, FL
Showing the MADISON area map.
Nearby Schools
James Madison Preparatory High School
Secondary · 0.3 mi away
James Madison Preparatory Charter High School
Secondary · 0.8 mi away
Madison County School District
School · 0.8 mi away
Madison County Central School
Elementary · 1.4 mi away
Madison County High School
Secondary · 2.0 mi away
Madison Academy
School · 2.1 mi away
New Testament Christian Center
School · 3.0 mi away
Lee Elementary School
Elementary · 7.7 mi away
Pinetta Elementary School
Elementary · 9.6 mi away
Joann Bridges Academy
School · 11.5 mi away
Twin Oaks Vocational Academy
School · 11.6 mi away
Greenville Elementary School
Elementary · 12.9 mi away
The Oaks Private School
School · 15.7 mi away
Clyattville Elementary School
Elementary · 16.3 mi away
Harvest Church of God
School · 17.4 mi away
Aucilla Christian Academy
School · 20.0 mi away
Lake Park Elementary School
Elementary · 20.6 mi away
Victory Baptist Church
School · 22.3 mi away
Mount Moriah Church
School · 22.6 mi away
Georgia Christian School
School · 22.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3270 DELRAY AVE, Madison, FL | $2,245,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in MADISON
Listing Courtesy: DELPHI INVESTMENT REALTY - 877-353-3574
Last Updated: 2025-10-28











