LET THE PASSIVE RENTAL INCOME PAY YOUR MORTGAGE WITH THIS PROVEN INCOME PRODUCING PROPERTY! - 4 potential income producing rentals with 3 additional outbuildings including a horse barn, a massive shop/garage and a storage building perfect for home office/flex space/workout room all sitting on 6.35 acres. The main home which could be your future primary residence with passive income of over $40,000 per year from the other three rental units- features 3 bedrooms 2.5 bathrooms and the photos speak for themselves! Everything in this home has been upgraded to the standards of a King including a chef's kitchen with propane stove, southern walnut hardwoods, 2022-26 gauge metal roof and yellow pine siding. Any of these units could be converted to short-term rentals such as AirBnB/VRBO style housing and the possibilities of income with that is extensive. The property is eligible for rezoning to either full or partial commercial and/or minor plat to RMF-1 and two additional rental units could be added to the property. The current zoning is Agricultural (A-10) with multifamily use and allows for grazing animals. Do not forget to ask your lender how you can use the current rental income towards your mortgage payment! Just a short distance to Arcadia, Punta Gorda, Port Charlotte and I75 makes this property a perfect rental location with a short commute and the opportunity to live in a country setting. Schedule your showing on this rare investment find today!
Sold for $958,760
$958,760
7080 SW Highway 17, Arcadia, FL 34266
5beds
5baths
2,440sqft
Quadruplex, Multi Family
Built in 1948
-- sqft lot
$644,000 Zestimate®
$393/sqft
$1,392 Estimated rent
Home value
$644,000
$509,000 - $786,000
$1,392/mo
Zestimate® history
Owner options
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$1,392/mo
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$1,392/mo
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$6,385/mo
Est. payment
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$6,385/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Sarah Whidden 863-205-7261,
TOWN & COUNTRY PROPERTIES OF FL 863-494-1739
Bought with:
Heather Jorge Renner, 3461893
KW COASTAL LIVING
Source: Stellar MLS,MLS#: A4558385
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Oven, Convection Oven, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Washer
- Laundry: Inside
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Ceilings, L Dining, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Ceramic Tile, Engineered Hardwood, Tile
- Windows: Blinds, Window Treatments
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room, Masonry, Other Room, Wood Burning
Interior area
- Total structure area: 3,862
- Total interior livable area: 2,440 sqft
Property
Parking
- Total spaces: 5
- Parking features: Boat, Covered, Driveway, Golf Cart Garage, Ground Level, RV Garage
- Garage spaces: 5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony, Garden
- Has view: Yes
- View description: Garden, Trees/Woods
Lot
- Size: 6.35 Acres
- Features: Landscaped, Level, Pasture, Zoned for Horses
Details
- Additional structures: Barn(s), Guest House, Shed(s), Storage, Workshop
- Parcel number: 043924000000100000
- Zoning: A-10
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Wood Frame, Wood Siding
- Foundation: Crawlspace, Slab
- Roof: Metal
Condition
- Completed
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Propane, Water Connected
Community & neighborhood
Location
- Region: Arcadia
- Subdivision: ACREAGE
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 3000
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2024 | Listing removed | $974,000+1.6%$399/sqft |
Source:  Stellar MLS #A4558380 Report a problem | ||
| 4/8/2024 | Sold | $958,760-1.6%$393/sqft |
Source: Stellar MLS #A4558385 Report a problem | ||
| 1/29/2024 | Pending sale | $974,000$399/sqft |
Source: Stellar MLS #A4558380 Report a problem | ||
| 12/7/2023 | Listed for sale | $974,000$399/sqft |
Source: Stellar MLS #A4558380 Report a problem | ||
| 8/9/2023 | Pending sale | $974,000$399/sqft |
Source: Stellar MLS #A4558380 Report a problem | ||
| 5/9/2023 | Price change | $974,000-2.5%$399/sqft |
Source: Stellar MLS #A4558380 Report a problem | ||
| 1/27/2023 | Listed for sale | $999,000+581.4%$409/sqft |
Source: Stellar MLS #A4558380 Report a problem | ||
| 1/24/2005 | Sold | $146,600-14.8%$60/sqft |
Source: Public Record Report a problem | ||
| 8/18/2000 | Sold | $172,000+22%$70/sqft |
Source: Public Record Report a problem | ||
| 12/9/1997 | Sold | $141,000$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,083 +34% | $363,364 +30% |
| 2023 | $5,286 +5% | $279,498 +20.8% |
| 2022 | $5,033 +5% | $231,459 +6.2% |
| 2021 | $4,793 +3.5% | $217,886 +3.8% |
| 2020 | $4,630 +69.1% | $209,916 +64.9% |
| 2019 | $2,739 +4.1% | $127,269 +5.9% |
| 2018 | $2,632 | $120,145 +11.5% |
| 2017 | $2,632 | $107,738 +6% |
| 2016 | -- | $101,640 +2.3% |
| 2015 | -- | $99,318 +1% |
| 2014 | $1,854 | $98,302 -0.4% |
| 2013 | -- | $98,720 -0.5% |
| 2012 | -- | $99,171 -43.8% |
| 2011 | -- | $176,603 -8% |
| 2010 | -- | $192,025 -32.6% |
| 2009 | -- | $284,987 -14.4% |
| 2008 | -- | $333,068 +0.4% |
| 2007 | -- | $331,853 +15.1% |
| 2006 | -- | $288,283 +72% |
| 2005 | -- | $167,585 +60.3% |
| 2004 | -- | $104,563 +0.5% |
| 2003 | -- | $104,085 +2.1% |
| 2002 | -- | $101,976 +8% |
| 2001 | -- | $94,462 +19.7% |
| 2000 | -- | $78,894 |
Find assessor info on the county website
Neighborhood: 34266
Nearby schools
GreatSchools rating
- 4/10Nocatee Elementary SchoolGrades: PK-5Distance: 2.9 mi
- 4/10Desoto Middle SchoolGrades: 6-8Distance: 8 mi
- 3/10Desoto County High SchoolGrades: 9-12Distance: 8.4 mi
Schools provided by the listing agent
- Elementary: Nocatee 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
$644,000
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
$644,000
- Florida
- De Soto County
- Arcadia
- 34266
- 7080 SW Highway 17
Nearby cities
Nearby zip codes
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