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7080 SW Highway 17

Arcadia, FL 34266
  • $974,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: A4558385
UPDATED: 21 min ago
$974,000
  • 5
    BEDS
  • 6.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,440
    SQFT
  • $399
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:
Area:

School Information

Elementary School:
Middle School:

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!

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© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-05-30T19:42:19.583.
www.alltampalistings.com/homes/136509272
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7080 SW Highway 17 Arcadia, FL 34266

  • Price: $974,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 21 min ago
  • MLS #: A4558385
5
Beds
0
Baths
0
½ Baths
6.35
Acres
2,440
SQFT
$399
$/SQFT
1948
Built
Neighborhood:
Acreage
County:
Desoto
Area:
Arcadia
Elementary School:
Nocatee Elementary School
Middle School:
Desoto Middle School
High School:
Desoto County High School
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!
Exterior Features

Attached Garage Yn No Carport Spaces 0 Carport Yn No Construction Materials Wood FrameWood Siding Covered Spaces 0 Exterior Features Balcony Foundation Details Slab Lot Features LevelPastureZoned For Horses Open Parking YN No Other Structures Barn(S)Guest HouseShed(S)StorageWorkshop Parking Features BoatCoveredDrivewayGolf Cart GarageGround LevelRv Garage Pool Private Yn No Road Surface Type Paved Roof Metal View GardenTrees/Woods Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Accessibility Features Accessible Approach With Ramp Additional Rooms Bonus RoomDen/Library/OfficeGreat Room Appliances Built-In OvenConvection OvenDishwasherDryerElectric Water HeaterIce MakerMicrowaveRangeRange HoodWasher Building Area Total 3862 Cooling Central Air Cooling YN Yes Fireplace Features Family RoomLiving RoomMasonryOther RoomWood Burning Fireplace Yn Yes Flooring Ceramic TileEngineered HardwoodTile Furnished Negotiable Heating CentralElectric Heating YN Yes Interior Features Cathedral Ceiling(S)Ceiling Fans(S)Crown MoldingHigh Ceiling(S)L DiningLiving Room/Dining Room ComboMaster Bedroom Main FloorOpen FloorplanSolid Wood CabinetsStone CountersThermostatVaulted Ceiling(S)Walk-In Closet(S)Window Treatments Laundry Features Inside Levels One Sewer Septic Tank Water Source Well Window Features Blinds

Property Features

Annual Net Income 31068 Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource No Est Annual Market Income 69600 Flood Zone Code X Ae Garage Yn Yes Homestead Yn Yes Lease Considered YN Yes Lease Restrictions YN No Lease Term 12 Months Listing Terms CashConventionalVa Loan Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Attached YN Yes Property Condition Completed Property Sub Type Quadruplex Realtor Info Brochure Available Senior Community Yn No Special Listing Conditions None Tax Annual Amount 4793.15 Total Annual Fees 0 Total Monthly Fees 0 Utilities Bb/Hs Internet AvailableCable AvailableElectricity ConnectedPropaneWater Connected Yrs Of Owner Prior To Leasing Re No Zoning A-10


Listing information © 2023 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Town & Country Properties Of Fl: 863-494-1739.



© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-05-30T19:42:19.583.
 
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