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 meter—ensuring 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 rent—adding 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 opportunity—reach out today to schedule a showing and secure your next profitable investment!
For sale
Price cut: $80K (3/8)
$895,000
10586 SW Park Ave, Arcadia, FL 34269
6beds
4baths
5,274sqft
Est.:
Multi Family
Built in 2005
-- sqft lot
$-- Zestimate®
$170/sqft
$-- HOA
What's special
- 82 days
- on Zillow |
- 458 |
- 35 |
Zillow last checked: 7 hours ago
Listing updated: March 07, 2025 at 04:24pm
Listing Provided by:
Brandi Long 863-990-7256,
THE WILLIAMSON GROUP REALTY, I 863-494-9009
Source: Stellar MLS,MLS#: C7504282
Originating MLS: Port Charlotte


Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Open Floorplan
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 5,574
- Total interior livable area: 5,274 sqft
Video & virtual tour
Property
Features
- Exterior features: Storage
Lot
- Size: 5 Acres
Details
- Parcel number: 233923000000500000
- Zoning: RMF-M
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Crawlspace
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Arcadia
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $462,173
- Annual tax amount: $9,588
- Date on market: 2/3/2025
- Ownership: Fee Simple
- Total actual rent: 0
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Other
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