1. Florida
  2. Arcadia
  3. 10586 SW PARK AVENUE
$895,000

10586 SW PARK AVENUE, Arcadia, FL 34269

  • 10 beds |
  • 10 baths |
  • 5,274 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2005
  • Property Lot Size Icon5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $170/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

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 meter—ensuring 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 rent—adding 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 opportunity—reach out today to schedule a showing and secure your next profitable investment!

Listing Status:
Active
Date Added:
February 3, 2025 at 06:00AM
Listing Office:
THE WILLIAMSON GROUP REALTY, I : 863-494-9009
Listing Agent:
Brandi Long : 863-990-7256
MLS ID:
C7504282
  • General: Ceiling Fan(s)Open FloorplanWindow Treatments
  • Laundry: InsideLaundry Room
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Brandi Long, THE WILLIAMSON GROUP REALTY, I

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Nocatee Elementary School

4846 SW Shores Ave, Nocatee, FL, 34268

Grades PK-5

8.03 miles away

R

Reduced Services

310 W Whidden St, Arcadia, FL, 34266

Grades KG-12

12.43 miles away

R

Reduced Services

310 W Whidden St, Arcadia, FL, 34266

Grades KG-12

12.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.