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Sold for $490,000
  • $490,000

    1870 SW Pax Duces Dr, Arcadia, FL 34266

    9beds
    5baths
    5,402sqft
    Quadruplex, Multi Family
    Built in 1955
    -- sqft lot
    $514,500 Zestimate®
    $91/sqft
    $1,820 Estimated rent

    Home value

    $514,500

    $417,000 - $623,000

    $1,820/mo

    Zestimate® history
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    $1,820/mo

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    $1,820/mo

    Rent Zestimate®

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    $3,316/mo

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    $3,316/mo

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    What's special

    Prime Investment Opportunity – 5-Unit Multifamily Property with Strong Cash Flow! This income-generating property features a duplex and a triplex, offering a total of five fully rented units: (1) 3-bedroom, 1-bath unit (2) 2-bedroom, 1-bath units (2) 1-bedroom, 1-bath units. Located just minutes from Arcadia and a short drive to Port Charlotte and Punta Gorda, tenants enjoy easy access to Southwest Florida’s best boating, fishing, and camping, while the investor enjoys a steady, reliable income stream. Financial Highlights: Gross annual rental income: $69,000 Net annual income: $47,500. Well-maintained units with strong rental history. Serviced AC units (bi-annually) Septic recently pumped and certified. With low operating costs and high demand for rentals in the area, this property is an excellent addition to any investor’s portfolio. The units are in good condition, and the location continues to attract long-term tenants looking for peace, space, and proximity to the coast. Excellent cash flow, low maintenance, and a great location — this is an investment you won’t want to miss! tenants are responsible for pest control - no animals. Schedule your showing today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ann Bursa 863-990-1878,

    RE/MAX PALM REALTY 941-889-7654

    Bought with:

    Non-Member Agent

    STELLAR NON-MEMBER OFFICE

    Source: Stellar MLS,MLS#: C7508735MLS LogoOriginating MLS: Port Charlotte

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator
    • Laundry: None
    Features
    • Ceiling Fan(s)
    • Has fireplace: No
    Interior area
    • Total structure area: 7,184
    • Total interior livable area: 5,402 sqft

    Property

    Features
    • Exterior features: Private Mailbox
    Lot
    • Size: 1.53 Acres
    • Dimensions: 301 x 234 x 280 x 197
    Details
    • Parcel number: 133824023000400050
    • Zoning: FMF6
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Block
    • Foundation: Slab
    • Roof: Metal,Shingle
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available, Electricity Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: RESUB MIRA SILVA
    HOA
    • Has HOA: No
    Location
    • Region: Arcadia

    Financial & listing details

    • Price per square foot: $91/sqft
    • Tax assessed value: $157,814
    • Annual tax amount: $8,260
    • Date on market: 4/30/2025
    • Cumulative days on market: 10 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Lease term: 12 Months
    • Total actual rent: 5750
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/22/2025Sold$490,000-1.8%$91/sqft
    Source: Stellar MLS #C7508735 Report a problem
    5/11/2025Pending sale$499,000$92/sqft
    Source: Stellar MLS #C7508735 Report a problem
    4/30/2025Listed for sale$499,000$92/sqft
    Source: Stellar MLS #C7508735 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2015$4,462 +7%$157,814 -3.1%
    2014$4,171 $162,910
    Find assessor info on the county website

    Neighborhood: 34266

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $514,500
    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
    $514,500