NOT LISTED FOR SALE

523 W Oak St Arcadia, FL 34266

5 Beds
4 Baths
2,670 Sq Ft
0.31 Acres Lot

Sale Details

Date Sold: March 3, 2025

Last sale price $520,000 $195 Per Sq Ft

41 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • Furnished
  • Closet Cabinetry
  • Bungalow

About This Home

As of March 2025

**Timeless Elegance with Income Potential in Historic Arcadia** Step into a piece of history with this exquisitely furnished and beautifully restored 1938 bungalow, where vintage charm meets modern convenience. Located in Arcadia’s historic district, this remarkable property offers a rare opportunity for both comfortable living and income generation, just an hour from Florida’s pristine Gulf and Atlantic beaches. Nestled beneath sprawling oak trees draped in Spanish moss, this expansive corner-lot property includes not only the main home but also a separate two-unit rental duplex at the rear. Each unit of the duplex is self-contained, making it an ideal income-producing opportunity for short- or long-term rentals. The main bungalow enchants with its inviting front and back porches, perfect for enjoying tranquil mornings or lively evenings. Relax on the porch swing, host al fresco meals, or gather around the firepit in the backyard for stories under the stars. Inside, the home is thoughtfully adorned with period furnishings, evoking the charm of a bygone era. Modern upgrades include a fully equipped kitchen with stainless steel appliances, central air conditioning, and a convenient laundry room. The two bedrooms and two bathrooms are appointed for comfort, with one bedroom featuring a smart TV for entertainment. The duplex at the rear expands the property’s potential, whether as an income generator or additional accommodations for guests. With its strategic location and unique offerings, the entire property is well-suited for a bed-and-breakfast or as a sought-after Airbnb destination, offering visitors a chance to experience the charm of Old Florida while enjoying modern comforts. Conveniently walkable to Arcadia’s vibrant downtown, with its boutique shops, bakeries, and dining options, this property presents a rare blend of historical allure, functional design, and business potential. Gross rental projections are $60k annually.

Last Agent to Sell the Property

Rex Glasson

DOUGLAS ELLIMAN Brokerage Phone: License #3067512 Listed on: 12/03/2024

DOUGLAS ELLIMAN

Co-Listed By

Cathy Palmer

DOUGLAS ELLIMAN Brokerage Phone: License #3533010

Last Buyer's Agent

Sean Lehew

MARINA PARK REALTY LLC License #3306277

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,478

Year Built

  • Built in 1938

Lot Details

  • 13,460 Sq Ft Lot
  • Northeast Facing Home
  • Property is zoned R-1B

Home Design

  • Bungalow
  • Bi-Level Home
  • Entry on the 2nd floor
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,670 Sq Ft Home
  • Furnished
  • Living Room
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Private Mailbox

Schools

  • West Elementary School
  • Desoto Middle School
  • Desoto County High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Daughtreys Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,478

Year Built

Built in 1938

Lot Details

0.31 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 2670
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1938
  • Building Area Total: 3946
  • Lot Size Sq Ft: 13460
  • Status: Sold
  • Street Direction: W
  • Co List Office Mls Id: MFR281542877
  • Co List Office Phone: 941-867-6199
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 366.60
  • Escrow State: FL
  • Floor Number: 2
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 194.76
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: Detached (ADU),Kitchenette,Studio
  • Attribution Contact: Lena White
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Other
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 5
  • Levels: Two
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 248.05

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Other, Private Mailbox, Sidewalk
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12027C0178C

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: West Elementary School
  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: R-1B
  • Parcel Number: 36-37-24-0081-0180-0385
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Furnished
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please verify all lease information with the local county zoning board to confirm independently.
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 6478
  • Tax Block: 18
  • Tax Lot: 38

Multi Family

  • Approval Process: Please verify all lease information with the local county zoning board to confirm independently.
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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 List to Sale Price per Sq Ft Prior Sale
03/03/2025 03/03/25 Sold $520,000 -13.3% $195 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
12/03/2024 12/03/24 For Sale $600,000 +282.2% $225 / Sq Ft
04/08/2022 04/08/22 Sold $157,000 -21.5% $85 / Sq Ft View Prior Sale
03/24/2022 03/24/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $199,900 0.0% $108 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $199,900 -- $108 / Sq Ft
Source: Stellar MLS

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 $6,974 $313,825 $10,000 $303,825
2023 $6,478 $286,306 $10,000 $276,306
2022 $3,312 $140,678 $0 $0
2021 $3,933 $166,578 $10,000 $156,578
2020 $1,358 $96,626 $0 $0
2019 $1,325 $94,454 $0 $0
2018 $1,298 $92,693 $0 $92,693
2017 $1,123 $89,700 $0 $89,700
2016 $1,220 $87,855 $0 $87,855
2015 $1,225 $87,244 $0 $87,244
2014 $1,206 $86,552 $0 $86,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4631144

Stellar MLS

APN: 36-37-24-0081-0180-0385

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