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Madison,FL 32340
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 16,248 sqft
Price per Sqft $14
Subdivision Lakeside Heights
MLS Listing ID 376978
Lot Size 0.370 Acres
Property Description
This vacant corner lot, adjacent to 589 S Duval Ave (Highway 53), is being sold together with the neighboring parcel, offering a combined 250 feet of road frontage with each property on its own corner. Zoned as 0213 RES Z (Commercial/Office Residential), the two properties together present numerous possibilities. Located just 10 minutes from Interstate 10, 30 miles from Valdosta, GA, and about 55 miles from Tallahassee, FL, the site allows for multiple options, including developing multi-family units (up to 10 units on 589 S Duval Ave). Alternatively, you could redevelop the parcels by razing the existing apartments to build a larger multi-unit building or even a convenience store. You could also live upstairs and operate a business downstairs. Both properties offer ample parking and are centrally located in the heart of Madison, FL, within an X-Flood Zone. Both parcels must be sold together, offering flexibility and growth potential in a prime location.
Location
State FL
County Madison
Area Madison
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional