Seller's Agent in 2024
Sarah Whidden
TOWN & COUNTRY PROPERTIES OF FL
(863) 205-7261
126 Total Sales
7080 SW Highway 17 Arcadia, FL 34269
5
Beds
5
Baths
2,440
Sq Ft
6.35
Acres
Highlights
- Parking available for a boat
- Barn
- Open Floorplan
- Guest House
- View of Trees or Woods
- Family Room with Fireplace
About This Home
As of April 2024LET THE PASSIVE RENTAL INCOME PAY YOUR MORTGAGE WITH THIS PROVEN INCOME PRODUCING PROPERTY! - 4 potential income producing rentals with 3 additional outbuildings including a horse barn, a massive shop/garage and a storage building perfect for home office/flex space/workout room all sitting on 6.35 acres. The main home which could be your future primary residence with passive income of over $40,000 per year from the other three rental units- features 3 bedrooms 2.5 bathrooms and the photos speak for themselves! Everything in this home has been upgraded to the standards of a King including a chef's kitchen with propane stove, southern walnut hardwoods, 2022-26 gauge metal roof and yellow pine siding. Any of these units could be converted to short-term rentals such as AirBnB/VRBO style housing and the possibilities of income with that is extensive. The property is eligible for rezoning to either full or partial commercial and/or minor plat to RMF-1 and two additional rental units could be added to the property. The current zoning is Agricultural (A-10) with multifamily use and allows for grazing animals. Do not forget to ask your lender how you can use the current rental income towards your mortgage payment! Just a short distance to Arcadia, Punta Gorda, Port Charlotte and I75 makes this property a perfect rental location with a short commute and the opportunity to live in a country setting. Schedule your showing on this rare investment find today!
Last Agent to Sell the Property
TOWN & COUNTRY PROPERTIES OF FL Brokerage Phone: 863-494-1739 License #3397407 Listed on: 01/27/2023
Last Buyer's Agent
KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3461893
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,793
Year Built
- Built in 1948
Lot Details
- 6.35 Acre Lot
- Landscaped
- Level Lot
- Garden
Parking
- 5 Car Garage
- Ground Level Parking
- Driveway
- Parking available for a boat
- RV Garage
- Golf Cart Garage
Property Views
- Woods
- Garden
Home Design
- Quadruplex
- Slab Foundation
- Wood Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 2,440 Sq Ft Home
- Open Floorplan
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace Features Masonry
- Blinds
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- L-Shaped Dining Room
- Den
- Bonus Room
- Crawl Space
Kitchen
- Built-In Convection Oven
- Range with Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 5 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Balcony
- Separate Outdoor Workshop
- Shed
Schools
- Nocatee Elementary School
- Desoto Middle School
- Desoto County High School
Farming
- Barn
- Pasture
Utilities
- Central Heating and Cooling System
- Thermostat
- Propane
- Well
- Electric Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Additional Features
- Accessible Approach with Ramp
- Guest House
- Zoned For Horses
Listing and Financial Details
- Visit Down Payment Resource Website
- Tenant pays for electricity
- No Minimum Lease Term
- Tax Block 010406
- Assessor Parcel Number 04-39-24-0000-0010-0000
Community Details
Overview
- No Home Owners Association
- 4 Units
- 3,862 Sq Ft Building
- Acreage Subdivision
Pet Policy
- Pets Allowed
Building Details
- Gross Income $36,000
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2024 04/08/24 | Sold | $958,760 | -1.6% | $393 / Sq Ft |
| 01/27/2024 01/27/24 | Pending | -- | -- | -- |
| 12/07/2023 12/07/23 | For Sale | $974,000 | 0.0% | $399 / Sq Ft |
| 08/08/2023 08/08/23 | Pending | -- | -- | -- |
| 05/09/2023 05/09/23 | Price Changed | $974,000 | -2.5% | $399 / Sq Ft |
| 01/27/2023 01/27/23 | For Sale | $999,000 | -- | $409 / 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 | $7,083 | $396,485 | -- | -- |
| 2023 | $5,286 | $279,498 | $0 | $0 |
| 2022 | $5,033 | $231,459 | $0 | $0 |
| 2021 | $4,793 | $218,385 | $0 | $0 |
| 2020 | $4,630 | $209,916 | $0 | $0 |
| 2019 | $2,739 | $127,269 | $0 | $0 |
| 2018 | $2,632 | $120,145 | $0 | $120,145 |
| 2017 | $1,116 | $107,738 | $0 | $107,738 |
| 2016 | $2,229 | $101,640 | $0 | $101,640 |
| 2015 | $2,021 | $99,318 | $0 | $99,318 |
| 2014 | $1,854 | $98,302 | $0 | $98,302 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Whidden
-
Heather Jorge Renner PLLC
Buyer's Agent in 2024
Heather Jorge Renner PLLC
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
(941) 875-5844
105 Total Sales
Map
Source: Stellar MLS
MLS Number: A4558385
APN: 04-39-24-0000-0010-0000
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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