523 W OAK ST Arcadia, FL 34266
5 Beds
4 Baths
2,670 SqFt
UPDATED:
12/04/2024 04:53 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,670 sqft
Price per Sqft $224
Subdivision Daughtreys Add
MLS Listing ID A4631144
Bedrooms 5
Full Baths 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1938
Annual Tax Amount $6,478
Lot Size 0.310 Acres
Acres 0.31
Property Description
Step into a piece of history with this exquisitely furnished and beautifully restored 1938 bungalow, where vintage charm meets modern convenience. Located in Arcadia’s historic district, this remarkable property offers a rare opportunity for both comfortable living and income generation, just an hour from Florida’s pristine Gulf and Atlantic beaches.
Nestled beneath sprawling oak trees draped in Spanish moss, this expansive corner-lot property includes not only the main home but also a separate two-unit rental duplex at the rear. Each unit of the duplex is self-contained, making it an ideal income-producing opportunity for short- or long-term rentals.
The main bungalow enchants with its inviting front and back porches, perfect for enjoying tranquil mornings or lively evenings. Relax on the porch swing, host al fresco meals, or gather around the firepit in the backyard for stories under the stars. Inside, the home is thoughtfully adorned with period furnishings, evoking the charm of a bygone era. Modern upgrades include a fully equipped kitchen with stainless steel appliances, central air conditioning, and a convenient laundry room. The two bedrooms and two bathrooms are appointed for comfort, with one bedroom featuring a smart TV for entertainment.
The duplex at the rear expands the property’s potential, whether as an income generator or additional accommodations for guests. With its strategic location and unique offerings, the entire property is well-suited for a bed-and-breakfast or as a sought-after Airbnb destination, offering visitors a chance to experience the charm of Old Florida while enjoying modern comforts.
Conveniently walkable to Arcadia’s vibrant downtown, with its boutique shops, bakeries, and dining options, this property presents a rare blend of historical allure, functional design, and business potential. Gross rental projections are $60k annually.
Location
State FL
County Desoto
Community Daughtreys Add
Zoning R-1B
Interior
Interior Features Other
Heating Central, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate, Wood
Furnishings Furnished
Fireplace true
Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Other, Private Mailbox, Sidewalk
Utilities Available Electricity Connected
Roof Type Metal
Garage false
Private Pool No
Building
Entry Level Two
Foundation Crawlspace, Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Structure Type Wood Frame
New Construction false
Schools
Elementary Schools West Elementary School
Middle Schools Desoto Middle School
High Schools Desoto County High School
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Special Listing Condition None
