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10586 SW PARK AVENUE
ARCADIA FL 34269 US

$949,900

Active Listing ID A4587680
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11 bed
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Lot: 5.00 Acres
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Multi Family

$949,900

Active Listing ID A4587680
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10586 SW PARK AVENUE 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!

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Property Features

  • Facts
  • Lot Size: 5.00 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Multi Family
  • Features
  • Exterior Finish: Private Mailbox, Storage
  • Floor Covering: Carpet, Vinyl, Wood
  • Roof Type: Shingle
  • Heating Fuels: Central Furnace

School Information

  • School
  • Nocatee Elementary School(Elementary)
  • DeSoto Middle School(MiddleSchool)
  • DeSoto County High School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Multi Family
  • listprice: 949900
  • unparsedaddress: 10586 SW PARK AVENUE
  • postalcity: ARCADIA
  • stateorprovince: FL
  • country: US
  • postalcode: 34269
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 5
  • lotsizeunits: Acres
  • lotsizearea: 5
  • livingarea: 5454
  • livingareaunits: Square Feet
  • latitude: 27.07032677
  • longitude: -81.9756535
  • listagentfullname: Matthew Sharp
  • listagentemail: matthewlsharppa@gmail.com
  • listagentkey: 3yd-MFRMLSFL-266510981
  • listagentmlsid: 266510981
  • listagentpreferredphone: 9417297400
  • listagentofficephone: 9417297400
  • listofficekey: 3yd-MFRMLSFL-266510701
  • listofficemlsid: 266510701
  • disclaimer: Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 2005
  • listingcontractdate: 2023-11-02
  • listagenturl: http://www.kwonthewater.com
  • countyorparish: DeSoto
  • parcelnumber: 23-39-23-0000-0050-0000
  • elementaryschool: Nocatee Elementary School
  • highschool: DeSoto County High School
  • appliances: Dishwasher, Microwave, Range, Refrigerator, Washer
  • constructionmaterials: Frame, Vinyl Siding
  • flooring: Carpet, Vinyl, Wood
  • heating: Central Furnace
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway, Guest, Oversized
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Ceiling Fans(s), Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Thermostat, Walk-in Closet(s), Window Treatments
  • exteriorfeatures: Private Mailbox, Storage
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • otherstructures: Storage
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.975654, 27.070327
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Listing Changed: 3/26/2024 2:32:40 PM GMT
Source Updated Date: 4/29/2024 6:53:03 AM GMT

Courtesy of: Matthew Sharp, KELLER WILLIAMS ON THE WATER, matthewlsharppa@gmail.com

Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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