$499,000

1870 SW PAX DUCES DRIVE, Arcadia, FL 34266

  • 5,402 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon1.68acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $92/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

Under contract-accepting backup offers. 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.

Listing Status:
Pending
Date Added:
April 30, 2025 at 05:00AM
Listing Office:
RE/MAX PALM PCS : 941-889-7654
Listing Agent:
Ann Bursa : 863-990-1878
MLS ID:
C7508735

This listing courtesy of Ann Bursa, RE/MAX PALM PCS

Location

Schools Nearby

N

Nocatee Elementary School

4846 SW Shores Ave, Nocatee, FL, 34268

Grades PK-5

1.93 miles away

R

Reduced Services

310 W Whidden St, Arcadia, FL, 34266

Grades KG-12

2.87 miles away

R

Reduced Services

310 W Whidden St, Arcadia, FL, 34266

Grades KG-12

2.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.