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!

Features
: Central, Electric
: Central Air
: Family Room, Wood Burning, Living Room, Other, Masonry
: Driveway, Covered, Golf Cart Garage, Boat, RV Garage, Ground Level
: Balcony, Garden
: Ceramic Tile, Hardwood, Tile
: Ceiling Fans(s), Crown Molding, Thermostat, Vaulted Ceiling(s), Cathedral Ceiling(s), Walk-In Closet(s), Open Floorplan, Living Room/Dining Room Combo, Window Treatments, Solid Wood Cabinets, High Ceilings, L Dining, Primary Bedroom Main Floor, Stone Counters
: Inside
: Septic Tank
: Electricity Connected, Water Connected, Cable Available, BB/HS Internet Available, Propane
: Blinds
Appliances
: Convection Oven, Dishwasher, Dryer, Ice Maker, Microwave, Washer, Electric Water Heater, Range, Range Hood, Built-In Oven
Address Map
US
FL
DeSoto
Arcadia
ACREAGE
34266
HIGHWAY 17
7080
W82° 5' 10.6''
N27° 7' 15.1''
From Punta Gorda/I75- Take Highway 17 north towards Arcadia for approx. 15.5 miles. Home will be on your right.
34266 - Arcadia
SW
A-10
Neighborhood
Nocatee Elementary School
DeSoto County High School
DeSoto Middle School
Additional Information
: Well
https://www.propertypanorama.com/instaview/stellar/A4558385
999000
2023-01-27
4
: Accessible Approach with Ramp
: Landscaped, Level, Pasture, Zoned for Horses
: One
5
: Slab, Crawlspace
: Wood Siding, Wood Frame
3862
Financial
4793.15
Listing Information
274507592
253500216
Cash,Conventional,VA Loan
Sold
2024-04-08T23:26:07Z
Stellar
: None
2024-04-08T16:45:29Z

Residential Income For Sale

7080 SW Highway 17, Arcadia, Florida 34266

5 Bedrooms
5 Bathrooms
2,440
$974,000
Listing ID #A4558385
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A4558385
Price : $974,000
View : Garden,Trees/Woods
Bedrooms : 5
Bathrooms : 5
Square Footage : 2,440
Year Built : 1948
Lot Area : 6.35 Acre
Office Name : TOWN & COUNTRY PROPERTIES OF FL
Agent Name : Sarah Whidden
Property Attached Yn : 1
Property Sub Type : Quadruplex
Roof : Metal
Listing Status : Closed
Agent info
Contact Agent