FL10 CAP 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. 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!
The median home value in Madison, FL is $168,900. This is lower than the county median home value of $174,800. The national median home value is $338,100. The average price of homes sold in Madison, FL is $168,900. Approximately 42.79% of Madison homes are owned, compared to 40.09% rented, while 17.12% are vacant. Madison real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madison real estate agent to arrange a tour today!
Madison, Florida 32340 has a population of 2,903. Madison 32340 is more family-centric than the surrounding county with 24.2% of the households containing married families with children. The county average for households married with children is 23.53%.
The median household income in Madison, Florida 32340 is $30,781. The median household income for the surrounding county is $39,503 compared to the national median of $69,021. The median age of people living in Madison 32340 is 34.4 years.
The average high temperature in July is 91.5 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 54.8 inches per year, with 0 inches of snow per year.