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490 NW Madison St

Lake City FL 32055

4
3
3
2174 sq. ft.
0.57 ac.
Other
Currently for sale - view listing

Overview

Rare and versatile opportunity in the heart of Lake City! This distinctive 4-bedroom, 3-bathroom property offers approximately 2,174 SF of living space on approximately 0.57 acres, conveniently located just off a major highway with easy access to downtown, shopping, dining, medical facilities and surrounding commercial corridors. Completely fenced with two gated entrances, the property offers privacy, security and excellent flexibility for a variety of uses. Whether you’re looking for a beautiful residence, professional office, investment property or an owner-user opportunity, this property offers exceptional versatility. Potential uses may include professional or business offices, medical or dental offices, specialty clinics, wellness or counseling practices, laboratory/testing uses, accounting, legal or insurance offices, and other professional services, subject to applicable zoning and approvals. The property may also offer potential for residential income, multi-generational living, duplex-style use, short-term rental/Airbnb, or boutique bed-and-breakfast accommodations, subject to applicable regulations and approvals. For the residential buyer, the spacious layout provides plenty of room to live, work and entertain while enjoying the convenience of being centrally located in Lake City. A unique property with character, functionality and multiple possibilities in an area experiencing continued growth. Live here, work here, invest here — the possibilities are yours.

Features

4 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
2174 sq. ft. floor area
0.57 ac. lot size
Other

Property history for 490 NW Madison St

2025
Sold
$110,000
21 Mar 2025 by Jamie Stevens, of SUNKISSED PROPERTIES OF FLORIDA
2018
Sold
$68,001
12 Sep 2018 by Tanya Shaffer, of HALLMARKADAMS
2015
Sold
$83,000
05 Jun 2015 by Missy Zecher, of REMAX Select Group | Lake City

Happy sellers in Lake City

<50%
Less than 50% of sellers in Lake City reported that their sale price either exceeded or met their price expectations.

Lake City stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Lake City over the last 12 months.

Local market activity for 4 bedroom other properties in Lake City

In the last 12 months, 31 four-bedroom other properties similar to 490 NW Madison St, have been sold.

This represents a 7% decrease in four-bedroom other properties sales when compared to the previous 12 months.

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