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1960 W US 90 Madison, FL $ 300,000
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$ 300,000 Get more info
1960 W US 90
$ 300,000
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1960 W US 90

Madison, FL, 32340
$ 300,000
Bedrooms12 Baths12.0 Sq 10,000

Monthly Estimate*

$ 2,072

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Commercial Property for sale in Madison, FL

for $300,000 with 12 bedrooms and 12 full baths. This 10,000 square foot building was built in 2001.

Florida 14 CAP Investment w/ Huge Upside! Three manufactured triplex's and a CBS are on one acre of the property, leaving 4+ acres available to add more rentable units or new development. Zoned, as of right to build up to 1 home per acre, with no max size limits. Folio also includes 127 SW MEETING AVE., a 1552 sq/ft two story duplex on a 0.058 acre lot. Monthly Gross = $6,737. Tenants pay utilities; Owner pays landscaping. No vacancies. Units are cash flowing and can be renovated to increase returns. 2700 sq/ft CBS building zoned as daycare daycare rented well below market rates can be converted into another triplex. Tenants supply ALL appliances. Easy maintenance! Huge Upside; Many opportunities to convert from cash flow to a CASH COW! Motivated; Make an offer, won't last long! DONT DISTURB TENANTS!

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Commercial Active

Price

$ 300,000

Bedrooms

12

Full Bath

12

Property Type

Commercial

Taxes

$ 4,841

Style

Year Built

2001

Town/City

Madison

County/Region

Madison

MLS | Web ID

A12118235
Features
General
Sewer Septic Tank
Heating Electric Other
Cooling Other Wall/Window Unit(s)
Possession Close Of Escrow Immediately
Roof Shingle
Construction Materials Frame Manufactured
Year Built 2001
Stories Count 1
Levels One
Property Subtype Multi Family
Waterfront Features Other
County Other
Property Type Commercial Sale
Full Baths 12
Status Active
Directions East of Tallahassee
City Other
Zoning Description MULTI-FAM <10 (0800)
Number Of Units Total 12
MLS Area 5940 Florida Other
Lot Size Units Square Feet
Lot Size Square Feet 217800
Listing Terms Cash Owner May Carry
Year Built Details Effective Year Built
Tax Annual Amount 4841
MLS Area Minor Other Geographic Area (Out Of Area Only)
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
Legal Description BEG AT SE COR OF NE4 OF SW4 RUN E709' S511' W436' TO POB THEN RUN S995' W226' N974' E 225' TO POB OR 599/325 OR 827 /285 OR 1189/163 OR 1292
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Interior
Flooring Carpet Hardwood Vinyl Wood
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 12
Total Baths 0
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Exterior
Total Parking 25
Lot Size Area 217800
Building Area Total 10000
Waterfront Y/N true
Covered Spaces 0
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* Excluded Features
List By
Charles Rutenberg Realty Ftl

Broker

954-394-4010

Contact

Affordability Calculator

$2,475
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,072
Monthly Property Taxes
$403
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
11/4/2026 $300,000 Listed Price

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1960 W US 90, Madison, FL, 32340 is a Commercial Property for sale at $300,000 with 10,000 sqft. 1960 W US 90 has 12 bedrooms, 12.0 baths, and was built in 2001. The property's zip code is 32340 which is in Madison, FL

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