$949,900 $19K Cash Back*
$174.17/sf

Phone: 786-465-5733

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Overview:

DESOTO COUNTY DREAM! Introducing an exclusive investment opportunity in the developing town of Arcadia, nestled at the end of a tranquil dead-end street, sprawled across five expansive acres. This unique income-generating property boasts five well-maintained manufactured homes that are fully occupied by long-term reliable tenants, generating a respectable monthly income ranging from $1,100 to $1,200 per unit, with the potential rent of up to $1,400 per month. Moreover, a sixth manufactured home located at the Northeast corner of the property is tenant-owned generating $400 in monthly lot rents, thus ensuring a stable and diversified revenue stream for the discerning investor. Notably, the property's distinct appeal is further enhanced by its cost-effective individual septic systems and central well system, eliminating excessive monthly utility costs, and reinforcing its financial attractiveness. Each of the five homes is complemented by a convenient storage shed, ensuring tenant satisfaction and ease of living, fostering long-term occupancy, and tenant loyalty. This property's potential is truly unparalleled, underpinned by its unique Residential Multi-Family Mixed District zoning, permitting a maximum density of 6 units per acre. This presents an exceptional opportunity for expansion, offering the possibility of additional manufactured homes for those with a strategic vision for increased rental income and substantial long-term capital appreciation. With a location second to none, one is minutes away from a vibrant array of shopping centers, fine dining establishments, and immediate access to the I-75, this property epitomizes convenience and accessibility, catering to the modern lifestyle needs of its tenants without the cost associated with similar urban asset classes. Such a rare and promising asset, coupled with the town's burgeoning development, underscores the need for prompt action. Seize this extraordinary chance to fortify your investment portfolio and secure a prosperous future in the heart of Arcadia's healthy real estate landscape. CALL TODAY BEFORE THIS OPPORTUNITY SLIPS THROUGH YOUR GRASP!

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MLS #: A4587680

Facts:

  • Type: House

  • Built in: 2005

  • APN: 23-39-23-0000-0050-0000

  • Lot size: 5 Acres

* Refunds vary by closing price, commission proposed and negotiation process. Discover more on our Terms & Conditions.

Features:

  • Hvac: Others

  • Parking space(s): 0

Next Open house:

 

 

 

2%
Cash Back

Buy with beycome and get
$19K cash back*

*Estimated beycome credit amount varies by closing price, commission offered and is not available in certain areas or where prohibited by law.

Amenities:

  • beycome amenities Pets

Score:

house-arcadia-for-sale-10586 sw park avenue, arcadia, fl 34269-15530943

Schedule a tour

Phone: 786-465-5733

Request information

Phone: 786-465-5733