Homes for sale - 10586 SW PARK AVE, Arcadia, FL 34269

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Dee Norton

deenortonsellshomes@gmail.com +1(727) 334-0088

$ 975,000

Est. payment | -/mo

15 Beds

10 Baths

5,274 SqFt

Save Virtual Tour

$ 975,000

Est. payment | -/mo

Save Virtual Tour

15 Beds

10 Baths

5,274 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,274 sqft

Price per Sqft $184

MLS Listing ID C7504282

Bedrooms 15

Construction Status Completed

HOA Y/N No

Originating Board Stellar MLS

Year Built 2005

Annual Tax Amount $9,588

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Multi-Family

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!

Location

State FL

County Desoto

Zoning RMF-M

Interior

Interior Features Ceiling Fans(s), Open Floorplan, Window Treatments

Heating Central

Cooling Central Air

Fireplace false

Laundry Inside, Laundry Room

Exterior

Exterior Feature Storage

Utilities Available Electricity Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 5 to less than 10

Sewer Septic Tank

Water Well

Structure Type Vinyl Siding

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7504282

Listed by THE WILLIAMSON GROUP REALTY, I

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(727) 334-0088

deenortonsellshomes@gmail.com

10586 SW PARK AVE Arcadia, FL 34269