Two homes, one price, endless possibilities! Nestled in the historic district of DeSoto County, this rare property includes not one but two charming, income-producing houses on a single lot. The main house offers 3 bedrooms and 1 bath, complete with a large, welcoming front porch perfect for enjoying the historic neighborhood, plus a detached carport. The second home is a cozy 2-bedroom, 1-bath with its own detached carport — ideal for a tenant, guests, or extended family. Both homes are currently used as income property, giving buyers true flexibility: live in one and rent the other, or keep both as rentals for maximum cash flow. This is a unique opportunity for investors or owner-occupants alike to own a piece of DeSoto County history with built-in income potential. Don't miss this one-of-a-kind offering! You'll notice road construction going on right in front of the main house — don't let that scare you off! It's wrapping up soon, and once it's done, you'll have brand-new paved roads. Don't miss this one-of-a-kind offering!
For sale
$299,000
628 E MAGNOLIA STREET, ARCADIA, FL 34266
--beds
0baths
1,140sqft
Duplex, Multi Family
Built in 1946
-- sqft lot
$281,800 Zestimate®
$262/sqft
$-- HOA
What's special
Detached carportLarge welcoming front porch
- 36 days
- 72
- 3
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Oralia Ramirez 863-990-6093,
RMZ REALTY INC. 863-990-6093
Source: Stellar MLS,MLS#: A4700298
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Outside
Features
- L Dining, None
- Has fireplace: No
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,140 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Exterior features: None
Lot
- Size: 0.33 Acres
Details
- Parcel number: 253724001205400010
- Zoning: R-1C
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Wood Frame
- Foundation: Crawlspace
- Roof: Metal
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Public
Community & HOA
Community
- Pet fee: $0 monthly
- Senior community: Yes
- Subdivision: A W GILCHRIST RESUB
HOA
- Has HOA: No
Location
- Region: Arcadia
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $196,799
- Annual tax amount: $4,140
- Date on market: 7/24/2026
- Cumulative days on market: 20 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$281,800
$268,000 - $296,000
$1,126/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $299,000+15%$262/sqft |
Source:  Stellar MLS #A4700298 Report a problem | ||
| 10/17/2022 | Listing removed | -- |
Source: Stellar MLS #A4540556 Report a problem | ||
| 6/29/2022 | Listed for sale | $259,900+99.9%$228/sqft |
Source: Stellar MLS #A4540556 Report a problem | ||
| 10/9/2020 | Sold | $130,000-21.6%$114/sqft |
Source: Stellar MLS #C7426986 Report a problem | ||
| 9/4/2020 | Pending sale | $165,900$146/sqft |
Source: TURNER REALTY, INC. #C7426986 Report a problem | ||
| 7/17/2020 | Price change | $165,900-5.1%$146/sqft |
Source: TURNER REALTY, INC. #C7426986 Report a problem | ||
| 6/9/2020 | Pending sale | $174,900$153/sqft |
Source: TURNER REALTY, INC. #C7426986 Report a problem | ||
| 4/11/2020 | Price change | $174,900-5.4%$153/sqft |
Source: TURNER REALTY, INC. #C7426948 Report a problem | ||
| 3/10/2020 | Listed for sale | $184,900+84.9%$162/sqft |
Source: TURNER REALTY, INC. #C7426948 Report a problem | ||
| 6/27/2016 | Sold | $100,000-25.9%$88/sqft |
Source: Public Record Report a problem | ||
| 11/28/2010 | Listing removed | $134,900$118/sqft |
Source: Martin Realty Fla, Inc., Participating with Cabela's Trophy Properties #F1000721 Report a problem | ||
| 4/3/2010 | Price change | $134,900-3.6%$118/sqft |
Source: Martin Realty Fla, Inc., Participating with Cabela's Trophy Properties #F1000721 Report a problem | ||
| 3/20/2010 | Listed for sale | $140,000$123/sqft |
Source: Martin Realty Fla, Inc., Participating with Cabela's Trophy Properties #F1000721 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,992 +6.2% | $171,627 -9.8% |
| 2023 | $3,758 +7.3% | $190,378 +34.3% |
| 2022 | $3,504 +9.5% | $141,766 +9.7% |
| 2021 | $3,201 +7.5% | $129,236 +10.3% |
| 2020 | $2,979 +0.6% | $117,215 +2.1% |
| 2019 | $2,960 +72.4% | $114,788 +25.5% |
| 2018 | $1,717 | $91,479 +9.8% |
| 2017 | $1,717 | $83,279 +15.4% |
| 2016 | -- | $72,156 +9.8% |
| 2015 | -- | $65,735 +1.9% |
| 2014 | $1,838 | $64,523 -2.9% |
| 2013 | -- | $66,457 -0.6% |
| 2012 | -- | $66,861 -5.3% |
| 2011 | -- | $70,596 -14.7% |
| 2010 | -- | $82,730 -32.2% |
| 2009 | -- | $121,983 -7.5% |
| 2008 | -- | $131,841 -3.2% |
| 2007 | -- | $136,158 +11.9% |
| 2006 | -- | $121,644 +47.3% |
| 2005 | -- | $82,571 +17.7% |
| 2004 | -- | $70,135 +7.2% |
| 2003 | -- | $65,418 +1.2% |
| 2002 | -- | $64,654 -1.4% |
| 2001 | -- | $65,595 +30% |
| 2000 | -- | $50,462 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 34266
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