$895,000 for Sale
10586 sw park avenue , arcadia, FL 34269
| Beds 15 | Baths 10 | 5,274 Sqft | 5.00 Acres |
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Property Description
Turnkey investment opportunity! This 5-acre income-producing property is a rare find, offering five well-maintained homes, each with its own shed, septic system, and electric meter—ensuring easy management and complete tenant independence. The current tenants are long-term and reliable, with each having lived here for at least three years and all on yearly leases, providing steady, hassle-free income. Plus, each tenant takes care of their own lawn, keeping maintenance to a minimum for the owner. Each of the five homes rents for $1,200 per month, creating a strong and consistent cash flow. Additionally, a privately owned home has been on the property for 11 years, paying $400 per month in lot rent—adding an extra stream of income! The homes are in great condition, making this an easy, turnkey investment with no immediate repairs needed. Beyond the current rental setup, this property offers huge potential for investors looking to expand. Whether you choose to keep it as-is and enjoy passive income or explore future development possibilities, the opportunities here are endless. With multiple income streams, reliable tenants, and minimal owner responsibilities, this property is a smart investment that works for you from day one. Don't miss out on this rare multi-home opportunity—reach out today to schedule a showing and secure your next profitable investment!
General Information
Sale Price: $895,000
Price/SqFt: $170
Status: Active
MLS#: C7504282
City: arcadia
Post Office: arcadia
County: DeSoto
Subdivision: n/a
Acres: 5
Bedrooms:15
Bathrooms:10
House Size: 5,274 sq.ft.
Acreage: 5 est.
Year Built: 2005
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Other
Garage: No
Construction: Vinyl Siding
Exterior Misc: Storage
Basement: No
Foundation : Crawlspace
Cooling: Central Air
Heating: Central
Waste: Septic Tank
Watersource: Well
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $9,588
Legal Description: The South 1/2 of the Northeast 1/4 of the Northeast 1/4 of the Southeast 1/4, LESS right of way on West Side, all being in Section 23, Township 39 South, Range 23 East, Desoto County. Florida.
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Brandi Long of THE WILLIAMSON GROUP REALTY, I, Phone: 863-494-9009
