$499,000 pending
1870 sw pax duces drive , arcadia, FL 34266
| Beds 0 | Baths 0 | 5,402 Sqft | 1.68 Acres |
|
1 of 35 |
Property Description
Under contract-accepting backup offers. Prime Investment Opportunity – 5-Unit Multifamily Property with Strong Cash Flow! This income-generating property features a duplex and a triplex, offering a total of five fully rented units: (1) 3-bedroom, 1-bath unit (2) 2-bedroom, 1-bath units (2) 1-bedroom, 1-bath units. Located just minutes from Arcadia and a short drive to Port Charlotte and Punta Gorda, tenants enjoy easy access to Southwest Florida’s best boating, fishing, and camping, while the investor enjoys a steady, reliable income stream. Financial Highlights: Gross annual rental income: $69,000 Net annual income: $47,500. Well-maintained units with strong rental history. Serviced AC units (bi-annually) Septic recently pumped and certified. With low operating costs and high demand for rentals in the area, this property is an excellent addition to any investor’s portfolio. The units are in good condition, and the location continues to attract long-term tenants looking for peace, space, and proximity to the coast. Excellent cash flow, low maintenance, and a great location — this is an investment you won’t want to miss! tenants are responsible for pest control - no animals. Schedule your showing today.
General Information
Sale Price: $499,000
Price/SqFt: $92
Status: Pending
MLS#: C7508735
City: arcadia
Post Office: arcadia
County: DeSoto
Subdivision: resub mira silva
Acres: 1.68
Lot Dimensions: 301 x 234 x 280 x 197
Bedrooms:0
Bathrooms:0
House Size: 5,402 sq.ft.
Acreage: 1.68 est.
Year Built: 1955
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road: Paved
Garage: No
Construction: Block
Exterior Misc: Private Mailbox
Basement: No
Foundation : Slab
Appliances: Range, Refrigerator
Cooling: Central Air
Heating: Central
Waste: Septic Tank
Watersource: Well
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $8,260
Legal Description: RESUB MIRA SILVA LOT 5 BLK 4 LESS & EXCEPT COMM AT NW COR OF SEC 13 TH ALG N LI OF SEC 13 S 89D11M34S E A DIST OF 1101.16 FT TO BASE LI TH ALG BASE LI S 18D57M31S W A DIST OF 21.05 FT TH N 89D 11M34S W A DIST OF 34.73 FT TO INT NLY R/W STATE RD 35 & S R/W LI OF LOS PINOS RD & N LI OF LOT 5 FOR POB TH ALG NLY R/W S 18D57M31S W A DIST OF 20.60 FT TH N 56D40M33S W A DIST OF 27.12 FT TH N 89D11M34 S W A DIST OF 19.42 FT TH N 00 D00M00S W A DIST OF 5.00 FT TO S R/W LOS PINOS DR & N LI OF LOT 5 TH ALG S R/W & N LI S 89D11M34S E A DIST OF 48.78 FT TO POB INST:201414005657 INST:202014003326
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: Ann Bursa of RE/MAX PALM PCS, Phone: 941-889-7654
