David Shippey
863.521.4517

10586 SW Park Avenue Arcadia Florida | Home for Sale

To schedule a showing of 10586 SW Park Avenue, Arcadia, Florida, Call David Shippey at 863-521-4517 TODAY!

$895,000 | 10 beds | N/A full baths | N/A half baths | 5,274 sqft

$895,000 No Recent Price Change
10586 SW Park Avenue
Arcadia, FL 34269
  • 10Beds
  • 10.00Total Baths
  • 0 Full, 0 HalfBaths
  • 5,274SqFt
  • 2005Year Built
  • 5.00Acres
  • MLS# C7504282
  • Income
  • MultiFamily
  • Active

  • Approx Time on Market5 months, 18 days
  • Area34269 - Arcadia
  • CountyDesoto
  • Subdivision N/a

Overview

Turnkey investment opportunity! This 5-acre income-producing property is a rare find, offering five well-maintained homes, each with its own shed, septic system, and electric meterensuring easy management and complete tenant independence. The current tenants are long-term and reliable, with each having lived here for at least three years and all on yearly leases, providing steady, hassle-free income. Plus, each tenant takes care of their own lawn, keeping maintenance to a minimum for the owner. Each of the five homes rents for $1,200 per month, creating a strong and consistent cash flow. Additionally, a privately owned home has been on the property for 11 years, paying $400 per month in lot rentadding an extra stream of income! The homes are in great condition, making this an easy, turnkey investment with no immediate repairs needed. Beyond the current rental setup, this property offers huge potential for investors looking to expand. Whether you choose to keep it as-is and enjoy passive income or explore future development possibilities, the opportunities here are endless. With multiple income streams, reliable tenants, and minimal owner responsibilities, this property is a smart investment that works for you from day one. Don't miss out on this rare multi-home opportunityreach out today to schedule a showing and secure your next profitable investment!



Agriculture / Farm

Association Fees / Info

Senior Community:  No

Association:  ,No,

Bathroom Info

Total Baths:  10.00

Building Info

Window Features:  WindowTreatments

Roof:  Shingle

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Pool Private:  No

Exterior Features:  Storage

Fees / Restrictions

Financial

Expense Tenant:  Electricity

Original Price:  $975,000

Garage / Parking

Open Parking:  No

Attached Garage:  No

Garage:  No

Carport:  No

Green / Env Info

Interior Features

Fireplace:  No

Spa:  No

Laundry Features:  Inside, LaundryRoom

Interior Features:  CeilingFans, OpenFloorplan, WindowTreatments

Lot Info

Direction Remarks:  Take US 17 S, Turn Right on 761, Turn Left on Kissimmee Rd, Turn Right on Park Ave, Property down on Right

Lot Size Units:  Acres

Lot Size Acres:  5

Lot Sqft:  217,800

Misc

Other

Special Conditions:  None

Other Rooms Info

Basement:  CrawlSpace

Property Info

Section:  23

Class Type:  MultiFamily

Property Sub Type:  MultiFamily

Property Condition:  NewConstruction

Property Attached:  No

New Construction:  No

Construction Materials:  VinylSiding

Foundation:  Crawlspace

Human Modified:  Yes

Sqft Info

Sqft:  5,274

Bulding Area Sqft:  5,574

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Legal Description:  The South 1/2 of the Northeast 1/4 of the Northeast 1/4 of the Southeast 1/4, LESS right of way on West Side, all being in Section 23, Township 39 South, Range 23 East, Desoto County. Florida.

Tax Annual Amount:  9588.49

Unit Info

Total Units:  5

Utilities / Hvac

Heating:  Central

Water Source:  Well

Sewer:  SepticTank

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityConnected

Waterfront / Water

Waterfront:  No

View:  No

Directions

Take US 17 S, Turn Right on 761, Turn Left on Kissimmee Rd, Turn Right on Park Ave, Property down on Right

This listing courtesy of The Williamson Group Realty, I 

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On davidshippey.com since Mon, Feb 3rd 2025
No Property History recorded for this listing.

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If you have any questions on 10586 SW Park Avenue, Arcadia, Florida, please call David Shippey at 863-521-4517.


MLS# C7504282 located at 10586 SW Park Avenue, Arcadia, Florida is brought to you by David Shippey REALTOR®

10586 SW Park Avenue, Arcadia, Florida has 10 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 10586 SW Park Avenue, Arcadia, Florida is C7504282.
The price for 10586 SW Park Avenue, Arcadia, Florida is $895,000.
The status of 10586 SW Park Avenue, Arcadia, Florida is Active.
The subdivision of 10586 SW Park Avenue, Arcadia, Florida is N/a.
The home located at 10586 SW Park Avenue, Arcadia, Florida was built in 2025.

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