SW ML King Jr Dr, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot10,890 sqft

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About this home

SW ML King Jr Dr is a home in Fraleigh-smith Sub, Madison. Flood zone 120512 - confirm flood insurance requirements with your lender.

From the listing

Vacant corner lot for sale in the heart of Madison, FL. Lot size is 11,000sqft., zoned R2 for a Single Family Home or a Duplex! This lot sits right at the corner of MLK Jr. Drive and SW Smith. 1 mile South of main road with local stores, restaurants, and gas stations as well as easy access to I-10. Great opportunity to build your dream home or an investment property!

The essentials

On market
510 days
Annual tax
$163
Flood zone
120512
Lot
10,890 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$125/mo
Down payment (20%)
$3,900
Property taxes
$14/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
10,890 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
510
Flood Zone 120512
Annual Tax (2024)
$163
Parcel #
28-1N-09-3909-000-000

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Fraleigh-smith Sub
County
Madison
MLS Area
32340 - Madison
Lot Size
10,890 sqft

Price history

Date
Event
Price
5/22/2025
Listed for sale
Source: Stellar MLS #TB8389203
$19,500

Neighborhood

SW ML King Jr Dr
Madison, FL, 32340 · 32340 - Madison

Calculator

Est. monthly payment
$125/mo
Principal & interest$102
Property taxes$14
Insurance$10
Down payment20% · $3,900
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$19,500

Time on market

510 days

Monthly payment

About $125/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $163 annual tax bill, insurance.

Flood zone

Zone 120512

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Have another question?

Brokered byLOKATIONListing agent: Michelle RichardsonListing data from Stellar MLS, MLS# TB8389203.

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