10586 SW PARK AVE, ARCADIA, FL, 34269
$895,000
Residential Income
Bedrooms
10
Bathrooms
10
Living Area
5,274 Sqft
Lot Size
217,800 Sqft
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!
Property Details
Property Features Property Features
MLS ID: MFRC7504282 Year Built: 2005
Construction Materials: Vinyl Siding Cooling: Central Air
Country: US County Or Parish: DeSoto
Exterior Features: Storage Financial Data Source: Owner
Foundation Details: Crawlspace Heating: Central
Laundry Features: Inside, Laundry Room Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant Possession: Close Of Escrow
Property Condition: Completed Property Sub Type: Multi Family
Property Type: Residential Income Road Surface Type: Other
Roof: Shingle Sewer: Septic Tank
Showing Requirements: Appointment Only, ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Tenant Pays: Electricity Utilities: Electricity Connected
Water Source: Well
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