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7080 SW Highway 17, Arcadia, FL 34266
$958,760
7080 SW Highway 17, Arcadia, FL 34266View this property at 7080 SW Highway 17, Arcadia, FL 34266
7080 SW Highway 17ArcadiaFL34266
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Property Description
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!
Full Property Details
Full Property Details for 7080 SW Hwy 17
General
- Sold For: $958,760
- Taxes: $4,793 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: A4558385
- Added to Site: 479 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
- Min. Lease: No Minimum
Interior
- Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceiling(s), 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), Window Treatments
- Fireplace: Yes
- Fireplace(s): Family Room, Living Room, Masonry, Other Room, Wood Burning
- Appliances: Built-In Oven, Convection Oven, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Washer
- Furnishings: Negotiable
- Flooring: Ceramic Tile, Engineered Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Balcony, Garden
Parking
- Garage: Yes
- Garage Spaces: 5
- Covered Spaces: 5
- Parking Features: Boat, Covered, Driveway, Golf Cart Garage, Ground Level, RV Garage
Location
- Area: 34266 - Arcadia
- County: DeSoto
- Development Name: 34266 - Arcadia
- Subdivision: ACREAGE
- Driving Directions: From Punta Gorda/I75- Take Highway 17 north towards Arcadia for approx. 15.5 miles. Home will be on your right.
School Information
- Elementary School: Nocatee Elementary School
- Middle School: DeSoto Middle School
- High School: DeSoto County High School
Community
- Community Name: 34266 - Arcadia
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Propane, Water Connected
Structural Information
- # Buildings: 7
- Exterior Const.: Wood Frame, Wood Siding
- Roof: Metal
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 2,440
- Sq. Ft. Source: Owner
- Living Area: 2,440 Sq. Ft.
- Year Built: 1948
Additional Structures
- Other Structures: Barn(s), Guest House, Shed(s), Storage, Workshop
Lot Features
- Property View: Garden, Trees/Woods
- Lot Size (Acres): 6.35
- Lot Size (Sq. Ft.): 276,606
- Lot Size: 6.35
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $4,793.15
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG NW COR TH S 89D38M50S E 3756.04 FT TO ELY R/W US17 FOR POB TH S 44D38M12S W ALG R/W 844.58 FT TH S 88D29M30S E 189.51 FT TH S 2D09M17S W 135.94 FT TH S 88D47M45S E 607.51 FT TH N 1D51M30S W 126.46 FT TH S 85D43M54S W 11.15 FT TH N 1D00M06S E 641.59 FT TH N 87D06M43S W 7.74 FT TH N 0D09M20S W 175.62 FT TO ELY R/W US17 TH S 44D38M 12S W ALG R/W 264.86 FT TO POB LESS BEG SW COR SEC 33 TH S 89D38M50S E ALG S LI 3756.04 FT TO ELY R/W HWY 17 FOR POB TH N 44D38M12S E ALG SAID R/W 264.86 FT TH S 00D09M20S E 175.62 FT TH S 86D03M37S W 187.01 FT TO POB AND ALSO LESS COM AT NE COR SEC 4 TH ALG N LI S
- Flood Zone Info: X AE
- Disclosures/Reports: Seller Property Disclosure
- APN: 43924000000100000
- Property ID: 43924000000100000
- Block/Lot/Section: 10406
Listed by Town & Country Properties Of Fl
Sold by Keller Williams Realty Gold
Get Pre-Approved Today
Schools
Schools serving 7080 SW Hwy 17
School District:Desoto
Rating | Name | Grades | Distance |
---|---|---|---|
4846 Sw Shores Ave, Arcadia, FL 34266 | K-5 | 3 mi | |
420 E Gibson St, Arcadia, FL 34266 | 6-8 | 8.1 mi | |
1710 E Gibson St, Arcadia, FL 34266 | 9-12 | 8.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7080 SW Hwy 17
Date
Details
Price
Change
Source
4/08/2024
Sold
$960,000
-1.44%
MLS
5/09/2023
Price Reduced
$974,000
-2.5%
MLS
1/27/2023
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7080 SW Highway 17, Arcadia, FL 34266 (MLS# A4558385) is a Multi-Family property that was sold at $958,760 on April 08, 2024. Want to learn more about 7080 SW Highway 17? 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.