$490,000
$499,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
5,402 SqFt
SOLD DATE : 07/22/2025
Key Details
Sold Price $490,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,402 sqft
Price per Sqft $90
Subdivision Resub Mira Silva
MLS Listing ID C7508735
Sold Date 07/22/25
HOA Y/N No
Year Built 1955
Annual Tax Amount $8,260
Lot Size 1.680 Acres
Acres 1.68
Lot Dimensions 301x234x280x197
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Prime Investment Opportunity – 5-Unit Multifamily Property with Strong Cash Flow! This income-generating property features a duplex and a triplex, offering a total of five fully rented units: (1) 3-bedroom, 1-bath unit (2) 2-bedroom, 1-bath units (2) 1-bedroom, 1-bath units.
Located just minutes from Arcadia and a short drive to Port Charlotte and Punta Gorda, tenants enjoy easy access to Southwest Florida's best boating, fishing, and camping, while the investor enjoys a steady, reliable income stream. Financial Highlights:
Gross annual rental income: $69,000 Net annual income: $47,500. Well-maintained units with strong rental history. Serviced AC units (bi-annually) Septic recently pumped and certified. With low operating costs and high demand for rentals in the area, this property is an excellent addition to any investor's portfolio. The units are in good condition, and the location continues to attract long-term tenants looking for peace, space, and proximity to the coast. Excellent cash flow, low maintenance, and a great location — this is an investment you won't want to miss! tenants are responsible for pest control - no animals. Schedule your showing today.
Location
State FL
County Desoto
Community Resub Mira Silva
Area 34266 - Arcadia
Zoning FMF6
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Furnishings Unfurnished
Fireplace false
Appliance Range, Refrigerator
Laundry None
Exterior
Exterior Feature Private Mailbox
Utilities Available Cable Available, Electricity Connected
Roof Type Metal,Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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