7080 Sw Highway 17, Arcadia, FL 34266

$999,000
3
BD
2.5
BA
2,440
SqFt
List Price
$999,000
Status
Active
Days on Market
56
MLS#
A4558380
Property Style
Single Family
Architectural Style
Florida, Traditional
Year Built
1948
Bedrooms
3
Bathrooms
2.5
Baths Half
1
Living Area
2,440
Lot Size
276,606
Acres
6.35
Total Acreage
5 to less than 10
Legal Subdivision Name
Acreage
MLS Area Major
Arcadia

Property Description

LET THE PASSIVE RENTAL INCOME PAY YOUR MORTGAGE WITH THIS 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 $3000 a month from the other three rentals- 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 and 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!

Additional Information

Taxes
$4793
Minimum Lease
No Minimum
Location
Cleared, Farm, Landscaped, Level, Pasture, Zoned for Horses
Community Features
No Deed Restriction
Zoning
A-10
Interior Layout
Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, L Dining, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Interior Features
Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, L Dining, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Floor
Ceramic Tile, Hardwood, Tile
Appliances
Built-In Oven, Convection Oven, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Washer
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Propane, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Fireplace Description
Family Room, Living Room, Masonry, Other, Wood Burning
Exterior Construction
Wood Frame, Wood Siding
Exterior Features
Balcony, Garden
Roof
Metal
Foundation
Slab
Pool
No Pool
Garage Carport
5+ Car Garage, Golf Cart Garage, RV Garage
Garage Spaces
5
Garage Features
Boat, Covered, Driveway, Golf Cart Garage, Ground Level, RV Garage
Elementary School
Nocatee Elementary School
Middle School
Desoto Middle School
High School
DeSoto County High School
Fences
Cross Fenced, Fenced, Stone, Wood
Pets
Allowed
Flood Zone Code
X AE
Parcel ID
04-39-24-0000-0010-0000
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 SEC 4 N 89D39M00S W 1604.95 FT TO SURVEY BASE LI TH ALG N LI S 89D39M00S E 69.85 FT TO SLY R/W OF STATE RD 35 FOR POB TH N 86D10M07S E 184.01 FT

Mortgage Calculator

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Listing courtesy of TOWN & COUNTRY PROPERTIES OF FL.

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