6030 SW 40th St Miami, FL 33155 United States

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Mon-Friday, 9am-6pm Closed Saturdays and Sundays

Property Description

DESOTO COUNTY DREAM! Introducing an exclusive investment opportunity in the developing town of Arcadia, nestled at the end of a tranquil dead-end street, sprawled across five expansive acres. This unique income-generating property boasts five well-maintained manufactured homes that are fully occupied by long-term reliable tenants, generating a respectable monthly income ranging from $1,100 to $1,200 per unit, with the potential rent of up to $1,400 per month. Moreover, a sixth manufactured home located at the Northeast corner of the property is tenant-owned generating $400 in monthly lot rents, thus ensuring a stable and diversified revenue stream for the discerning investor. Notably, the property’s distinct appeal is further enhanced by its cost-effective individual septic systems and central well system, eliminating excessive monthly utility costs, and reinforcing its financial attractiveness. Each of the five homes is complemented by a convenient storage shed, ensuring tenant satisfaction and ease of living, fostering long-term occupancy, and tenant loyalty. This property’s potential is truly unparalleled, underpinned by its unique Residential Multi-Family Mixed District zoning, permitting a maximum density of 6 units per acre. This presents an exceptional opportunity for expansion, offering the possibility of additional manufactured homes for those with a strategic vision for increased rental income and substantial long-term capital appreciation. With a location second to none, one is minutes away from a vibrant array of shopping centers, fine dining establishments, and immediate access to the I-75, this property epitomizes convenience and accessibility, catering to the modern lifestyle needs of its tenants without the cost associated with similar urban asset classes. Such a rare and promising asset, coupled with the town’s burgeoning development, underscores the need for prompt action. Seize this extraordinary chance to fortify your investment portfolio and secure a prosperous future in the heart of Arcadia’s healthy real estate landscape. CALL TODAY BEFORE THIS OPPORTUNITY SLIPS THROUGH YOUR GRASP!

Features
: Central, Electric
: Central Air
: Trees/woods, Park/greenbelt
: Dishwasher, Electric Water Heater, Microwave, Refrigerator, Range
: Storage, Private Mailbox
: Vinyl, Carpet, Hardwood
: Walk-in Closet(s), Solid Wood Cabinets, Ceiling Fans(s), Open Floorplan, Window Treatments, Thermostat, Primary Bedroom Main Floor
: Laundry Room, Inside
: Oversized Lot, Level, Pasture, Unincorporated, Greenbelt, Street Dead-end, Street One Way
: Driveway, Guest, Common, Parking Pad, Oversized
: Shingle
: Septic Tank
: Electricity Connected, Sewer Connected, Phone Available, Water Connected, Private
Address Map
FL
DeSoto
ARCADIA
34269
10586 SW PARK AVENUE
0
W82° 1' 27.6''
N27° 4' 13.2''
Heading South on I75 take exit 170 heading east on Kings HWY, turn right onto 761, right onto Kissimmee RD and follow around to your next left turn onto Park AVE. Property is on the right at the end of the road. (NO SIGN @ PROPERTY)
Additional Information
: Wood Frame, Vinyl Siding
106
Nocatee Elementary School
DeSoto County High School
: One
: Conventional, Cash, Other
Desoto Middle School
6
: Storage, Shed(s)
: Completed
: Street Dead-end, Street Paved, Street One Way
$8,597
2022
: Well
RMF-M

Residential Income For Sale

10586 SW PARK AVENUE, ARCADIA, Florida 34269

11 Bedrooms
5,454 Sqft
$949,900
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Price : $949,900
Bedrooms : 11
Square Footage : 5,454 Sqft
Year Built : 2005
Lot Area : 217,800 Acre
Status : Active
Building Area : 5,454 Sqft
Property SubType : Multi Family
Agent info
Patricia Calvet
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