Seller's Agent in 2025
Ann Bursa
RE/MAX
(863) 990-1878
32 in this area
91 Total Sales
1870 SW Pax Duces Dr Arcadia, FL 34266
9
Beds
5
Baths
5,402
Sq Ft
1.68
Acres
Highlights
- 1.68 Acre Lot
- Central Heating and Cooling System
- Ceiling Fan
- No HOA
About This Home
As of July 2025Prime 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.
Last Agent to Sell the Property
RE/MAX PALM PCS Brokerage Phone: 941-889-7654 License #420933 Listed on: 04/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,260
Year Built
- Built in 1955
Lot Details
- 1.68 Acre Lot
- Lot Dimensions are 301x234x280x197
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
- Metal Roof
- Block Exterior
Interior Spaces
- 5,402 Sq Ft Home
- Ceiling Fan
- Range
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Outdoor Features
- Private Mailbox
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 5 / 4
- Assessor Parcel Number 13-38-24-0230-0040-0050
Community Details
Overview
- No Home Owners Association
- 5 Units
- 7,184 Sq Ft Building
- Resub Mira Silva Subdivision
Building Details
- Operating Expense $21,408
- Gross Income $69,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2025
Closed on
Jul 21, 2025
Sold by
Fricke Jane A
Bought by
Olivier Joseph
Seller's Agent
Ann Bursa
RE/MAX PALM PCS
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.36%
Original Mortgage
$374,850
Outstanding Balance
$374,850
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$112,996
Purchase Details
Listed on
Apr 30, 2025
Closed on
May 27, 2025
Sold by
Martin Jane F and Fricke Jane A
Bought by
Fricke Jane A
Seller's Agent
Ann Bursa
RE/MAX PALM PCS
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,850
Outstanding Balance
$374,850
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$112,996
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $490,000 | Arcadia Abstract & Title | |
| Warranty Deed | $100 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $374,850 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Sold | $490,000 | -1.8% | $91 / Sq Ft |
| 05/10/2025 05/10/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $499,000 | -- | $92 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,260 | $576,800 | $38,640 | $538,160 |
| 2023 | $7,011 | $392,277 | $38,640 | $353,637 |
| 2022 | $7,382 | $437,334 | $38,640 | $398,694 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Buyer's Agent in 2025
Stellar Non-Member Agent
FL_MFRMLS
Map
Source: Stellar MLS
MLS Number: C7508735
APN: 13-38-24-0230-0040-0050
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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