10586 Park Avenue, ARCADIA, FL 34269
  • MLS#: C7504282 ( Residential Income )
  • Street Address: 10586 Park Avenue
  • Viewed: 6
  • Price: $895,000
  • Price sqft: $161
  • Waterfront: No
  • Year Built: 2005
  • Bldg sqft: 5574
  • Bedrooms: 10
  • Total Baths: 10
  • Days On Market: 153
  • Additional Information
  • Geolocation: 27.0703 / -81.9756
  • County: DESOTO
  • City: ARCADIA
  • Zipcode: 34269
  • Provided by: THE WILLIAMSON GROUP REALTY, I
  • Contact: Brandi Long
  • 863-494-9009
  • mfrmls
  • DMCA Notice
  • Description
    Turnkey investment opportunity! This 5 acre income producing property is a rare find, offering five well maintained homes, each with its own shed, septic system, and electric meterensuring easy management and complete tenant independence. The current tenants are long term and reliable, with each having lived here for at least three years and all on yearly leases, providing steady, hassle free income. Plus, each tenant takes care of their own lawn, keeping maintenance to a minimum for the owner. Each of the five homes rents for $1,200 per month, creating a strong and consistent cash flow. Additionally, a privately owned home has been on the property for 11 years, paying $400 per month in lot rentadding an extra stream of income! The homes are in great condition, making this an easy, turnkey investment with no immediate repairs needed. Beyond the current rental setup, this property offers huge potential for investors looking to expand. Whether you choose to keep it as is and enjoy passive income or explore future development possibilities, the opportunities here are endless. With multiple income streams, reliable tenants, and minimal owner responsibilities, this property is a smart investment that works for you from day one. Don't miss out on this rare multi home opportunityreach out today to schedule a showing and secure your next profitable investment!
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Features
Home Owners Association Fee
  1. 0.00
Baths Total
  1. 10
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Storage
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Open Floorplan
  3. Window Treatments
Legal Description
  1. The South 1/2 of the Northeast 1/4 of the Northeast 1/4 of the Southeast 1/4
  2. LESS right of way on West Side
  3. all being in Section 23
  4. Township 39 South
  5. Range 23 East
  6. Desoto County. Florida.
Living Area
  1. 5274.00
Area Major
  1. 34269 - Arcadia
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 23-39-23-0000-0050-0000
Possession
  1. Close Of Escrow
Property Condition
  1. Completed
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Septic Tank
Tax Year
  1. 2024
Tenant Pays
  1. Electricity
Township
  1. 39
Utilities
  1. Electricity Connected
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/C7504282
Water Source
  1. Well
Year Built
  1. 2005
Zoning Code
  1. RMF-M
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