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For sale
  • Price cut: $80K (3/8)
    $895,000

    10586 SW Park Ave, Arcadia, FL 34269

    6beds
    4baths
    5,274sqft
    : 
    Multi Family
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $170/sqft
    $-- HOA

    What's special

    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!
    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#: C7504282MLS LogoOriginating MLS: Port Charlotte

    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 10586 SW Park Ave.

    Next available tour time:Tomorrow at 9am

    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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