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649 W Base St
For Sale $2,500,000 ($204.85 per Sq Ft)
$2,500,000 ($204.85 per Sq Ft)
- Units
- 12,204 Sq Ft
- 58,719 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,500,000 |
| Property Type | Other |
| Usable Sqft | 12,204 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1969 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 211N093865011000 |
| MLS # | C7516446 |
| Property ID | 306877640 |
| Lot Sqft | 58,719 |
| Zoning | Unknown |
| Days on Market | 54 |
| Original List Price | $2,500,000 |
| Date Updated | October 28, 2025 |
| Date Created | October 28, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Annia Garcia an agent of . Lic #700597
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of October 28, 2025 The information being provided is 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.
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Robert Crawford
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