Sold for $520,000 on 03/03/25
$520,000
523 W Oak St, Arcadia, FL 34266
5beds
2,670sqft
Single Family Residence
Built in 1938
0.31 Acres Lot
$500,800 Zestimate®
$195/sqft
$2,842 Estimated rent
Home value
$500,800
Estimated sales range
Not available
$2,842/mo
Zestimate® history
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What's special
**Timeless Elegance with Income Potential in Historic Arcadia** Step into a piece of history with this exquisitely furnished and beautifully restored 1938 bungalow, where vintage charm meets modern convenience. Located in Arcadia’s historic district, this remarkable property offers a rare opportunity for both comfortable living and income generation, just an hour from Florida’s pristine Gulf and Atlantic beaches. Nestled beneath sprawling oak trees draped in Spanish moss, this expansive corner-lot property includes not only the main home but also a separate two-unit rental duplex at the rear. Each unit of the duplex is self-contained, making it an ideal income-producing opportunity for short- or long-term rentals. The main bungalow enchants with its inviting front and back porches, perfect for enjoying tranquil mornings or lively evenings. Relax on the porch swing, host al fresco meals, or gather around the firepit in the backyard for stories under the stars. Inside, the home is thoughtfully adorned with period furnishings, evoking the charm of a bygone era. Modern upgrades include a fully equipped kitchen with stainless steel appliances, central air conditioning, and a convenient laundry room. The two bedrooms and two bathrooms are appointed for comfort, with one bedroom featuring a smart TV for entertainment. The duplex at the rear expands the property’s potential, whether as an income generator or additional accommodations for guests. With its strategic location and unique offerings, the entire property is well-suited for a bed-and-breakfast or as a sought-after Airbnb destination, offering visitors a chance to experience the charm of Old Florida while enjoying modern comforts. Conveniently walkable to Arcadia’s vibrant downtown, with its boutique shops, bakeries, and dining options, this property presents a rare blend of historical allure, functional design, and business potential. Gross rental projections are $60k annually.
Zillow last checked: 8 hours ago
Listing updated: March 04, 2025 at 07:23am
Listing Provided by:
Rex Glasson 941-587-6135,
DOUGLAS ELLIMAN 941-867-6199,
Cathy Palmer 678-524-1104,
DOUGLAS ELLIMAN
Bought with:
Sean Lehew, 3306277
MARINA PARK REALTY LLC
Source: Stellar MLS,MLS#: A4631144
Originating MLS: Sarasota - Manatee

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Wall Units / Window Unit
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Inside
Features
- Other
- Flooring: Laminate, Hardwood
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total structure area: 3,946
- Total interior livable area: 2,670 sqft
Property
Features
- Levels: Two
- Stories: 2
- Exterior features: Other, Private Mailbox, Sidewalk
Lot
- Size: 0.31 Acres
Details
- Parcel number: 363724008101800385
- Zoning: R-1B
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Crawlspace, Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Arcadia
- Subdivision: DAUGHTREYS ADD
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Fee Simple
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2025 | Sold | $520,000-13.3%$195/sqft |
Source: | ||
| 1/14/2025 | Pending sale | $600,000$225/sqft |
Source: | ||
| 12/3/2024 | Listed for sale | $600,000+282.2%$225/sqft |
Source: | ||
| 7/12/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/9/2024 | Listed for rent | $2,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,974 +7.7% | $313,825 +9.6% |
| 2023 | $6,478 +95.6% | $286,306 +103.5% |
| 2022 | $3,312 -15.8% | $140,678 -15.5% |
Find assessor info on the county website
Neighborhood: 34266
Nearby schools
GreatSchools rating
- NADesoto Virtual Instruction ProgramGrades: K-12Distance: 0.3 mi
- 5/10West Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Desoto Middle SchoolGrades: 6-8Distance: 1 mi
Schools provided by the listing agent
- Elementary: West Elementary School
- Middle: DeSoto Middle School
- High: DeSoto County High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$500,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$500,800


