For sale

$474,999

227 SW Range Ave, Madison, FL 32340

3beds

7,375sqft

$3,067/mo

Get pre-qualified

Single Family Residence

Built in 1939

3,123 Square Feet Lot

$-- Zestimate^®

$64/sqft

$-- HOA

What's special

Discover a unique investment opportunity in Madison, Florida, where two separate buildings hold the potential for a vibrant mix of residential and business spaces. Currently all occupied with tenants, these properties offer an immediate income stream. The charm of the town adds to the appeal, making it an attractive location for various ventures like coffee shops, restaurants, barber shops, and office spaces. With owner financing available at 8% APR and negotiable terms, along with a mix of residential and commercial leases already in place, these buildings provide a return on investment. Don't miss the chance to own a piece of this dynamic community - schedule your viewing today and envision the endless possibilities that lie within these versatile spaces. By appointment only, this opportunity awaits your vision. (Zoning codes include mixed-use residential/office space/storage/restaurant/cafeteria zoning)

60 days

184

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 7
Full bathrooms: 7

Rooms

Room types: Kitchen, Living Room

Heating

Central Electric, Electric Space Heater

Cooling

Central Air, Wall Unit(s)

Appliances

Included: Refrigerator, Microwave, Electric Range, Range Hood
Laundry: Laundry Room

Features

Insulated, Fireplace, Ceiling Fan(s), Wet Bar, Storage, High Speed Internet, Internet-DSL, Internet Satellite, TV Cable, TV Satellite, Bonus Room, Laminate Counters, Wood Counters
Flooring: Carpet Vinyl, Concrete, Laminate, Hardwood, Carpet, Tile
Windows: Insulated Windows, Screens, Drapes, Blinds
Has fireplace: Yes
Fireplace features: Wood Burning Stove, Wood Burning

Interior area

Total structure area: 7,375
Total interior livable area: 7,375 sqft

Property

Parking

Parking features: 3+ Car, On Street, Driveway, Other
Has uncovered spaces: Yes

Features

Levels: Multi/Split
Patio & porch: None

Lot

Size: 3,123 Square Feet
Dimensions: 125 x 25 x 125 x 25

Details

Parcel number: 0000003729001000
Zoning: MXDRE

Construction

Type & style

Home type: SingleFamily
Architectural style: Unique Special,Other
Property subtype: Single Family Residence

Materials

Block Stucco
Foundation: Slab
Roof: Metal

Condition

New construction: No
Year built: 1939

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Features: City Limits

HOA

Has HOA: No

Location

Region: Madison

Financial & listing details

Price per square foot: $64/sqft
Tax assessed value: $108,585
Annual tax amount: $2,312
Date on market: 6/18/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/18/2026	Listed for sale	$474,999+578.6%$64/sqft
Source: NFMLS #131930 Report a problem
8/21/2019	Listing removed	$575
Source: All Realty Services #309282 Report a problem
7/28/2019	Listed for rent	$575
Source: All Realty Services #309282 Report a problem
11/27/2017	Sold	$70,000$9/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,312 +19.6%	$108,585 +22.7%
2024	$1,932 +6%	$88,472 +10%
2023	$1,823 +12.1%	$80,429 +13%
2022	$1,627 -3.8%	$71,163 -2.3%
2021	$1,690 -0.5%	$72,845 +0.2%
2020	$1,699 +20.4%	$72,668 +21%
2019	$1,411 -16.7%	$60,071 -1%
2018	$1,694	$60,701 -14%
2017	$1,694	$70,583 -0.9%
2016	$1,694 -2.3%	$71,214 -0.9%
2015	$1,733 -2.4%	$71,844 -0.9%
2014	$1,776	$72,474