Multifamily Property with Development
1960 W US 90, Madison, FL 32340
For Sale
New
$300,000
Commercial Sale, FL
Property SizeContact for details
Lot Size5.00 Acres
Days on Market7
Property Features for 1960 W US 90
General Information
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Building Details
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Listing Agency:
Charles Rutenberg Realty FTL
(954) 396-3001
Listed By:
Henry Mahan LLC · License FL #3365463
(954) 394-4010
Added: Nov 4
Last Checked: Nov 10 at 8:06AM
MLS# A12118235
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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The property includes three manufactured triplexes, a 2,700-square-foot CBS building, and a two-story duplex measuring 1,552 square feet. The CBS building is currently leased for daycare use and could be converted to a triplex. The duplex is located at 127 SW Meeting Ave. and occupies a 0.058-acre lot. The property also has a septic system, electric heat, and window or wall-unit cooling.
The triplexes and CBS building are situated on approximately one acre, with more than four acres remaining for additional housing or other development. Zoning allows one home per acre as of right, with no maximum building size stated. There are no current vacancies. Tenants pay utilities, while the owner handles landscaping.
The triplexes and CBS building are situated on approximately one acre, with more than four acres remaining for additional housing or other development. Zoning allows one home per acre as of right, with no maximum building size stated. There are no current vacancies. Tenants pay utilities, while the owner handles landscaping.
Key Highlights
- Three manufactured triplexes and a CBS building on approximately one acre
- More than 4 acres remain available for development
- 2,700‑square‑foot CBS building leased for daycare use, with potential for conversion to a triplex
Property Analytics
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Lease Details
11
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
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Business Placement
Demographics for 32340, FL
10,744
Population
4,567
Households
2.4
Avg Household Size
45
Median Age
13%
College-Educated
81%
High-School Grad
208.5 sq mi
ZIP Area
52
Density / Sq Mi
$43,393
Median Household Income
$32,937
Median Earnings
$814
Median Rent
$115,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Rental housing and an adaptable commercial building occupy a five-acre parcel with additional land available for development.
Where is this multifamily property located?
The property is located at 1960 W US 90 Madison, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Three manufactured triplexes and a CBS building on approximately one acre; More than 4 acres remain available for development; 2,700‑square‑foot CBS building leased for daycare use, with potential for conversion to a triplex
