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$490,000
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Property Description
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.
Full Property Details
Full Property Details for 1870 SW Pax Duces Dr
General
- Sold For: $490,000
- Taxes: $8,260 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: C7508735
- Added to Site: 262 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Range, Refrigerator
- Furnishings: Unfurnished
Exterior
- Exterior Features: Private Mailbox
Location
- Area: 34266 - Arcadia
- County: DeSoto
- Development Name: 34266 - Arcadia
- Subdivision: RESUB MIRA SILVA
- Driving Directions: On thr corner of Highway 17 South and Pax Duces (property is bordered on 2 streets, Pax Duces and Los Pinos)
Community
- Community Name: 34266 - Arcadia
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Cable TV Available, Electricity Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Roof: Metal, Shingle
- Square Feet: 5,402
- Sq. Ft. Source: Public Records
- Living Area: 5,402 Sq. Ft.
- Year Built: 1955
Lot Features
- Lot Size (Acres): 1.68
- Lot Size (Sq. Ft.): 66,487
- Lot Size: 1.5263
- Lot Dimensions: 301 x 234 x 280 x 197
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $8,260.41
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: RESUB MIRA SILVA LOT 5 BLK 4 LESS & EXCEPT COMM AT NW COR OF SEC 13 TH ALG N LI OF SEC 13 S 89D11M34S E A DIST OF 1101.16 FT TO BASE LI TH ALG BASE LI S 18D57M31S W A DIST OF 21.05 FT TH N 89D 11M34S W A DIST OF 34.73 FT TO INT NLY R/W STATE RD 35 & S R/W LI OF LOS PINOS RD & N LI OF LOT 5 FOR POB TH ALG NLY R/W S 18D57M31S W A DIST OF 20.60 FT TH N 56D40M33S W A DIST OF 27.12 FT TH N 89D11M34 S W A DIST OF 19.42 FT TH N 00 D00M00S W A DIST OF 5.00 FT TO S R/W LOS PINOS DR & N LI OF LOT 5 TH ALG S R/W & N LI S 89D11M34S E A DIST OF 48.78 FT TO POB INST:201414005657 INST:202014003326
- Flood Zone Info: X
- APN: 133824023000400050
- Property ID: 133824023000400050
- Block/Lot/Section: 4
Listed by Re/Max Palm Pcs
Sold by Stellar Non-Member Office
Get Pre-Approved Today
Schools
Schools serving 1870 SW Pax Duces Dr
School District:Desoto County School District
| Name | Grades | Distance |
|---|---|---|
Nocatee Elementary School 4846 Sw Shores Ave, Nocatee, FL 34268 | K-5 | 1.9 mi |
Desoto Middle School 420 East Gibson Street, Arcadia, FL 34266 | 6-8 | 3.3 mi |
Desoto County High School 1710 East Gibson Street, Arcadia, FL 34266 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1870 SW Pax Duces Dr
Date
Details
Price
Change
Source
7/22/2025
Sold
$490,000
-1.8%
MLS
4/30/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1870 SW Pax Duces Drive, Arcadia, FL 34266 (MLS# C7508735) is a Multi-Family property that was sold at $490,000 on July 22, 2025. Want to learn more about 1870 SW Pax Duces Drive? Do you have questions about finding other Multi-Family real estate for sale in Arcadia? You can browse all Arcadia real estate or contact a Coldwell Banker agent to request more information.

