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Listings courtesy of DELPHI INVESTMENT REALTY as distributed by MLS GRID.

Active - Multi Family for sale

649 W BASE STREET, Madison, FL

12,204 sqft

Facts & features

Multi Family Property type
309 days on Beycome
1969 Year built
$205 Price/Sqft.
58,719 sqft Lot size

Why you’ll love it

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.

Translating description...

Listed by: Annia Garcia • DelphiReo@gmail.com • DELPHI INVESTMENT REALTY

Co-listed by: DELPHI INVESTMENT REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: C7516446 Stellar MLS as distributed by MLS GRID logo

Based on information as of Jun 01, 2026 at 02:21pm EDT.

Come see by yourself

Affordability

$1,625,000$3,375,000
1%20%
0%90%
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Estimated monthly payment

$13,255/mo

  • Mortgage$12,641
  • Property tax$614
  • HOA fee
  • Homeowners insurance
Due at closing$1,987,500
Down payment held in escrow$500,000
Closing costs$37,500
beycome credit Est.$50,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About Madison

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AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Jun 01, 2026 at 02:21pm EDT. 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.

$2,500,000 Listed price

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$50,000 Credit back

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