NOT LISTED FOR SALE

1167 SW Lou's Dr Arcadia, FL 34266

-- Bed
-- Bath
4,164 Sq Ft
4.28 Acres

Last Sold April 04, 2022

Last sale price $600,000 $144 Per Sq Ft

33 Days on Market

Highlights

  • In Ground Pool
  • 4.28 Acre Lot
  • Security Gate
  • Gated Community
  • No HOA
  • Outdoor Storage

About This Home

As of April 2022

Investor Alert! Are you looking for the perfect investment property? Look no
further! Live in the front house that is 2 bedroom 1 bath with side porch and
attached carport, and rent the other 4 units on the property with an in-ground
pool and a 2-car extra-large detached garage on 4.28 acres of land. The
property is zoned RMF-6 which means you can put 6 units per acre. You can
build single-family homes or continue building duplexes. There are currently 2
duplexes on the property, with each unit having 2 bedrooms, 1 bath, a living
room, kitchen with eat-in dining, laundry room, and front porch. All 4 units are
very similar to each other with some slight differences. The 2-car garage is so large you can park your car and have plenty of room work in the workshop. The pool is attached to one unit and the owner has sole use of it. The new owner will determine how it is to be used. The property is partially fenced and there is a gate at the front for private access. There are
endless possibilities for this property all you need to have is some imagination
to make this property come to life! There are currently 4 septics, 3 wells, and 2
water systems at the property. There is public water and sewer at the entrance
of the property if the new owner would like to connect. They just have to call
the county and check what the cost would be to do so. This property is
occupied so we need 24 hr notice for all showings. Listing agent must
accompany ALL SHOWINGS! Call and schedule your private showing today!

Last Agent to Sell the Property

Oralia Ramirez

RMZ REALTY INC. License #3174844 Listed on: 01/25/2022

Last Buyer's Agent

Oralia Ramirez

RMZ REALTY INC. License #3174844 Listed on: 01/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,559

Year Built

  • Built in 1970

Lot Details

  • 4.28 Acre Lot
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 4,164 Sq Ft Home
  • Ceiling Fan
  • Security Gate

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • 6,148 Sq Ft Building

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,559

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4164
  • Lot Size Acres: 4.28
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 6148
  • Lot Size Sq Ft: 186436
  • Directions to Property: South on Hwy 17, Make a u-turn by Fenders auto parts, Property on the right.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4523166?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4523166?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9679
  • Price per Sq Ft: 144.09
  • Close to Original List Price Ratio: 0.9679
  • Ratio: Current Price\Building Area Total: 97.59
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Thermostat
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 1167
  • Number Of Buildings: 4

Exterior Features

  • Pool Features: Gunite, In Ground
  • Exterior Features: Fenced, Lighting, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Gated Community, Security Gate
  • Senior Community: No

Lot Info

  • Zoning: RMF-6
  • Parcel Number: 01-38-24-0000-0190-0000
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 6558.58
  • Tax Block: 00
  • Tax Lot: 00

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $600,000 -3.2% $144 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $619,900 0.0% $149 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $619,900 -- $149 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4523166

Stellar MLS