1956 SE Cherry Drive Arcadia Florida | Home for Sale
To schedule a showing of 1956 SE Cherry Drive, Arcadia, Florida, Call David Shippey at 863-521-4517 TODAY!
Arcadia, FL 34266
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- 1,875SqFt
- 1985Year Built
- 1.96Acres
- MLS# C7467851
- Income
- Duplex
- Active
- Approx Time on Market1 year, 9 months, 21 days
- Area34266 - Arcadia
- CountyDeSoto
- Subdivision Forest Pine Estates
Overview
5 INCOME DUPLEX with 10 TOTAL UNITS, almost 2 ACRES OF LAND, in the GREAT COMMUNITY of FOREST PINE ESTATES! This profitable rental property is FULLY LEASED. All units have a Range, Refrigerator, and Microwave along with central air conditioning. Tenants are responsible for electricity, general maintenance, and water. Three of the five duplexes were built in 2015. Even more, the two duplexes built in 1985 have newer METAL ROOFS plus the vacant land behind the 2 duplexes is cleared and is perfectly buildable land. Both properties are in excellent condition with city water, but NO CITY TAXES. The property is close to great schools, and near town with the best shopping and entertainment that Arcadia has to offer. A full breakdown of property tax, insurance, and income is attached to the listing! This property currently has a cap rate of almost 8%. This is a PHENOMENAL INVESTMENT OPPORTUNITY! Schedule your showing today!
Agriculture / Farm
Grazing Permits Blm: ,No,
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Horse: No
Association Fees / Info
Senior Community: No
Association: ,No,
Bathroom Info
Total Baths: 0.00
Building Info
Roof: Metal, Shingle
Buyer Compensation
Exterior Features
Pool Private: No
Exterior Features: Lighting
Fees / Restrictions
Financial
Expense Tenant: Electricity, Water
Original Price: $2,400,000
Garage / Parking
Open Parking: No
Attached Garage: No
Garage: No
Carport: No
Green / Env Info
Irrigation Water Rights: ,No,
Interior Features
Fireplace: No
Spa: No
Interior Features: MainLevelPrimary
Appliances: Microwave, Range, Refrigerator
Lot Info
Direction Remarks: Turn right onto Hwy 17 N/E Olympia AveContinue to follow Hwy 17 N20.3 miTurn right onto Co Rd 760A2.8 miTurn left onto SE Airport Rd3.2 mi1956 SE Airport Rd, Arcadia, FL 34266
Number of Lots: 2
Lot Size Units: Acres
Lot Size Acres: 1.96
Lot Sqft: 85,377
Misc
Other
Special Conditions: None
Other Rooms Info
Basement: No
Property Info
Habitable Residence: ,No,
Section: 06
Class Type: Duplex
Property Sub Type: Duplex
Property Attached: No
New Construction: No
Construction Materials: WoodFrame
Mobile Home Remains: ,No,
Foundation: Slab
Home Warranty: ,No,
Human Modified: Yes
Sqft Info
Sqft: 1,875
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,021
Tax Lot: 3
Tax Legal Description: FOREST PINE ESTATES LOT 3 BLK G INST:201114016010 INST:201414004626
Tax Block: G
Tax Annual Amount: 5134
Tax Book Number: 9-20
Unit Info
Rent Controlled: No
Total Units: 10
Utilities / Hvac
Electric On Property: ,No,
Heating: Central
Water Source: Public, Well
Sewer: SepticTank
Cool System: CentralAir
Cooling: Yes
Heating: Yes
Utilities: ElectricityAvailable, ElectricityConnected, WaterConnected
Waterfront / Water
Waterfront: No
View: No
Directions
Turn right onto Hwy 17 N/E Olympia AveContinue to follow Hwy 17 N20.3 miTurn right onto Co Rd 760A2.8 miTurn left onto SE Airport Rd3.2 mi1956 SE Airport Rd, Arcadia, FL 34266This listing courtesy of Sellstate Vision Realty
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MLS IDX data last updated on 09-20-2024 7:49 PM EST.
If you have any questions on 1956 SE Cherry Drive, Arcadia, Florida, please call David Shippey at 863-521-4517.
MLS# C7467851 located at 1956 SE Cherry Drive, Arcadia, Florida is brought to you by David Shippey REALTOR®
1956 SE Cherry Drive, Arcadia, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 1956 SE Cherry Drive, Arcadia, Florida is C7467851.
The price for 1956 SE Cherry Drive, Arcadia, Florida is $2,399,000.
The status of 1956 SE Cherry Drive, Arcadia, Florida is Active.
The subdivision of 1956 SE Cherry Drive, Arcadia, Florida is Forest Pine Estates.
The home located at 1956 SE Cherry Drive, Arcadia, Florida was built in 2024.
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