Price Reduced 8.21%
Price History
$975,000
2/3/2025
$895,000
3/7/2025
10586 SW Park AVENUE, Arcadia, FL, 34269
15 beds
2005
5,274 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!
Status:
Active
Type:
Multi-family
Laundry Remarks:
Inside, Laundry Room
Units:
5
Subdivision:
N/A
Heating:
Central
Cooling:
Central Air
Acreage:
5
Est. Taxes:
$9,588
Construction
Vinyl Siding
Utilities
Electricity Connected
Days on Market:
32
Min Lease Term:
No Minimum
MLS #:
C7504282
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of THE WILLIAMSON GROUP REALTY, I Phone: 863-494-9009