7080 SW HIGHWAY 17 , Arcadia, FL 34266

$974,000
$999,000

Overview

Property ID: HZA4558385

Quadruplex, Residential Income
Property Type

5
Bedrooms

5
Bathrooms

5
Garages

3862 Sqft
Area Size

Description

LET 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!

Address

Open on Google Maps

Address: 7080 SW HIGHWAY 17
City: Arcadia
State/county: FL
Zip/Postal Code: 34266
Area: ACREAGE
Country: US

Details

Updated on April 8, 2024 at 11:26 pm

Property ID HZA4558385
Price $974,000
Property Size 3862 Sqft
Land Area 6.35 Acres
Bedrooms 5
Bathrooms 5
Garages 5
Garage Size x x
Year Built 1948
Property Type Quadruplex, Residential Income
Property Status Closed

Additional details

Listing Terms Cash,Conventional,VA Loan
Roof Metal
Utilities BB/HS Internet Available,Cable Available,Electricity Connected,Propane,Water Connected
Sewer Septic Tank
Cooling Central Air
Heating Central,Electric
Flooring Ceramic Tile,Hardwood,Tile
County DeSoto
Property Type Residential Income
Parking Boat,Covered,Driveway,Golf Cart Garage,Ground Level,RV Garage
Elementary School Nocatee Elementary School
Middle School DeSoto Middle School
High School DeSoto County High School