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Assisted Living Facility with Apartments
For Sale
$399,000

765 NE Delphinium Drive, Madison, FL 32340

CommercialSale, Madison, FL

Property Size5,165 SF
Lot Size5.00 Acres
Price / SF$77.25
Days on Market107

Property Features for 765 NE Delphinium Drive

General Information

Property type Commercial Sale
Property subtype Other
Directions From Madison Colin Kelly Hwy R on Delphinium Prop R
Subdivision Madison
Standard status Active
APN 12079-30-2N-10-6052-001-002
Lot size 5.00 Acres
Listing Agency: All Realty Services
Listed By: Benjamin Marinelli · License #3324872
Added: May 22 Changed: Sep 4 Last Checked: Sep 5 at 5:06PM
MLS# 400267

Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Madison County property is configured as an assisted living facility with 10 units, complemented by a separate three-unit apartment component. The improvements occupy a five-acre site at 765 NE Delphinium Drive in Madison, Florida.

The existing layout provides a defined senior-care configuration alongside residential units, creating a property with multiple built components on one parcel. The site is located in Madison County, with a Madison postal address and ZIP code 32340.

Key Highlights

  • 10‑unit assisted living facility
  • Separate 3‑unit apartment component
  • 5‑acre property in Madison County

Property Analytics

Current Use

Southern Living For Seniors Retirement Community

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Nursing Home Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Residential units

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Similar Off Market Nearby

  • Southern Living For Seniors 765 NE Delphinium Dr, Madison, FL 32340

Frequently Asked Questions

What type of property is this?
Assisted living facility - Existing assisted living and apartment components occupy a five-acre Madison County property.
Where is this assisted living facility located?
The property is located at 765 NE Delphinium Drive Madison, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 10‑unit assisted living facility; Separate 3‑unit apartment component; 5‑acre property in Madison County
More about this property
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