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$299,000

  • For Sale
  • Active
  • Duplex
  • 1,140 Sq. Ft.
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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!

Full Property Details for 628 E Magnolia St

General

  • Price: $299,000
  • Taxes: $4,140 (2025)
  • Status: Active
  • Type: Duplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4700298
  • Updated: 7/25/2026
  • Added to Site: 34 day(s) ago

Interior

  • Interior Features: L Dining, Ninguno

Rooms

Other Rooms

  • Laundry: Outside

Exterior

  • Exterior Features: None

Parking

  • Carports: Yes
  • Carport: 1
  • Carport Spaces: 1
  • Covered Spaces: 1

Location

  • Area: 34266 - Arcadia
  • County: DeSoto
  • Development Name: 34266 - Arcadia
  • Subdivision: A W GILCHRIST RESUB
  • Driving Directions: Take E. Magnolia, turn right onto Sumter Ave, property on the left Take W. Hickory St, turn left onto Sumter Ave, property on the left

Community

  • Community Name: 34266 - Arcadia
  • Adult Community: Yes

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Connected, Public

Structural Information

  • # Buildings: 2
  • Exterior Const.: Wood Frame
  • Roof: Metal
  • Square Feet: 1,140
  • Sq. Ft. Source: Public Records
  • Year Built: 1946

Lot Features

  • Lot Size (Acres): 0.33
  • Lot Size (Sq. Ft.): 14,375
  • Lot Size: 14375
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $4,140
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: TOWN OF ARCADIA O S LOTS 1 & 2 BLK 54 SEC 31-37-25 INST:201614003149 INST:201614003995 INST:202014006040 INST:202014006041
  • Flood Zone Info: X
  • APN: 253724001205400010
  • Property ID: 253724001205400010
  • Block/Lot/Section: 54

Listed by Rmz Realty Inc.

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Listing agent

— 628 E Magnolia St —

  • Rmz Realty Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 628 E Magnolia St

School District:Desoto County School District
NameGradesDistance
Memorial Elementary School, Arcadia, FL
851 East Hickory Street, Arcadia, FL 34266
K-50.3 mi
Desoto Virtual Instruction Program
310 West Whidden Street, Arcadia, FL 34266
K-120.8 mi
Desoto Middle School
420 East Gibson Street, Arcadia, FL 34266
6-80.8 mi
Desoto County High School
1710 East Gibson Street, Arcadia, FL 34266
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 628 E Magnolia St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/24/2026
Listed
$299,000
130%
MLS
10/09/2020
Sold
$130,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 628 E Magnolia St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,992
—
$196,799
-3%
2024
$3,992
6%
$203,105
7%
2023
$3,758
17%
$190,378
47%
2021
$3,201
-9%
$129,236
-28%
2022
$3,504
9%
$180,551
54%
2021
$3,201
8%
$117,215
2%
2019
$2,960
82%
$114,788
25%
2017
$1,627
—
$91,479
10%
2017
$1,627
-19%
$83,279
15%
2016
$2,012
7%
$72,156
10%
2015
$1,876
2%
$65,735
2%
2014
$1,838
-3%
$64,523
-3%
2013
$1,889
—
$66,457
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Rmz Realty Inc.

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628 E Magnolia Street, Arcadia, FL 34266 (MLS# A4700298) is a Duplex property with 0 bedrooms and 0 full bathrooms. 628 E Magnolia Street is currently listed for $299,000 and was received on July 24, 2026. Want to learn more about 628 E Magnolia Street? Do you have questions about finding other Duplex real estate for sale in Arcadia? You can browse all Arcadia real estate or contact a Coldwell Banker agent to request more information.

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