Property
ActiveCommercial
1/60
$2,500,000

649 W BASE STREET

Madison, FL 32340
0
Beds
0
Baths
12,204
SqFt
1.35
Acres
STELLAR
#C7516446
Updated: Apr 7, 2026, 1:53pm

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.
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Property Details

Interior
Building Area Total
17168
Cooling
Central Air
Living Area
12204
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Concrete
Foundation Details
Slab
Living Area Units
Square Feet
Property Condition
Fixer
Roof
Shingle
Stories Total
Yes
Year Built
1969
Site & Exterior
Flood Zone Code
x
I D X Participation
Yes
Lot Size Acres
1.35
Lot Size Area
1.348
Lot Size Square Feet
58719
Lot Size Units
Acres
Number Of Lots
3
Public Survey Range
09E
Public Survey Section
21
Road Frontage Type
City Street
Road Surface Type
ConcretePaved
Total Acreage
1 to less than 2
Financials
Additional Parcels
Yes
Additional Parcels Description
21-1N-09-3865-011-002, 21-1N-09-3865-011-001
Calculated List Price By Calculated Sq Ft
145.62
Contract Status Change Date
2025-10-28
Current Price
2500000
Feed Types
BBO
Owner Name
DE GREAT PROPERTY MGMT LLC
Ownership
Corporation
Parcel Number
211N093865011000
Public Survey Township
01N
Tax Annual Amount
7369.6
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
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32340 - Madison
Listing provided courtesy of STELLAR via IDX. Updated: Apr 7, 2026, 1:53pm.
Annia Garcia

Listing Agent

DELPHI INVESTMENT REALTY

Call Agent