Arcadia, FL 34266,7080 SW HIGHWAY 17
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Arcadia, FL 34266,7080 SW HIGHWAY 17
Arcadia, FL 34266,7080 SW HIGHWAY 17
Arcadia, FL 34266,7080 SW HIGHWAY 17
Arcadia, FL 34266,7080 SW HIGHWAY 17

$958,760

Est. payment /mo

$974,000

1.6%
Est.Price: ?

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7080 SW HIGHWAY 17 Arcadia, FL 34266

5 Beds

5 Baths

2,440 SqFt

SOLD DATE : 04/08/2024

Key Details

Sold Price $958,760

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,440 sqft

Price per Sqft $392

Subdivision Acreage

MLS Listing ID A4558385

Bedrooms 5

Year Built 1948

Annual Tax Amount $4,793

Lot Size 6.350 Acres

Property 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!

Location

State FL

County Desoto

Community Acreage

Zoning A-10

Rooms

Other Rooms Bonus Room, Den/Library/Office, Great Room

Interior

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile, Hardwood, Tile

Fireplaces Type Family Room, Living Room, Masonry, Other, Wood Burning

Laundry Inside

Exterior

Exterior Feature Balcony, Garden

Garage Boat, Covered, Driveway, Golf Cart Garage, Ground Level, RV Garage

Garage Spaces 5.0

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Propane, Water Connected

Waterfront false

View Garden, Trees/Woods

Roof Type Metal

Building

Lot Description Landscaped, Level, Pasture, Zoned for Horses

Foundation Crawlspace, Slab

Sewer Septic Tank

Water Well

Structure Type Wood Frame,Wood Siding

New Construction false

Schools

Elementary Schools Nocatee Elementary School

Middle Schools Desoto Middle School

High Schools Desoto County High School

Others

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition None

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Stellar MLS
Listed by TOWN & COUNTRY PROPERTIES OF FL
Bought with KELLER WILLIAMS REALTY GOLD

Christina Munkberg

Broker | CQBK3259013

+1(407) 340-1308

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