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10586 Sw Park Avenue, Arcadia, FL 34269

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For Sale

$949,900

11 beds5,454 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $174.17
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

DESOTO COUNTY DREAM! Introducing an exclusive investment opportunity in the developing town of Arcadia, nestled at the end of a tranquil dead-end street, sprawled across five expansive acres. This unique income-generating property boasts five well-maintained manufactured homes that are fully occupied by long-term reliable tenants, generating a respectable monthly income ranging from $1,100 to $1,200 per unit, with the potential rent of up to $1,400 per month. Moreover, a sixth manufactured home located at the Northeast corner of the property is tenant-owned generating $400 in monthly lot rents, thus ensuring a stable and diversified revenue stream for the discerning investor. Notably, the property's distinct appeal is further enhanced by its cost-effective individual septic systems and central well system, eliminating excessive monthly utility costs, and reinforcing its financial attractiveness. Each of the five homes is complemented by a convenient storage shed, ensuring tenant satisfaction and ease of living, fostering long-term occupancy, and tenant loyalty. This property's potential is truly unparalleled, underpinned by its unique Residential Multi-Family Mixed District zoning, permitting a maximum density of 6 units per acre. This presents an exceptional opportunity for expansion, offering the possibility of additional manufactured homes for those with a strategic vision for increased rental income and substantial long-term capital appreciation. With a location second to none, one is minutes away from a vibrant array of shopping centers, fine dining establishments, and immediate access to the I-75, this property epitomizes convenience and accessibility, catering to the modern lifestyle needs of its tenants without the cost associated with similar urban asset classes. Such a rare and promising asset, coupled with the town's burgeoning development, underscores the need for prompt action. Seize this extraordinary chance to fortify your investment portfolio and secure a prosperous future in the heart of Arcadia's healthy real estate landscape. CALL TODAY BEFORE THIS OPPORTUNITY SLIPS THROUGH YOUR GRASP!
MLS# A4587680

Courtesy Of Keller Williams On the Water

(941) 729-7400

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Dishwasher, Microwave, Range, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Vinyl Siding, Wood
  • Floor Covering
    Carpet, Vinyl, Wood
  • Heating Fuel
    Electric
  • Heating System
    Central Furnace
  • Lot Size
    5 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom

Map and Directions

Directions to 10586 Sw Park Avenue, Arcadia, FL 34269
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Home seller CENTURY 21 SUNBELT REALTY

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 SUNBELT REALTY

(941) 625-6120
Learn More About Us

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