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10586 SW Park Avenue

ARCADIA, FL 34269

15 beds
10 baths
5,274 sqft
~5 acre lot
$184 per sqft
2005 build
– on site

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!

Listing courtesy of STELLAR_MLS / THE WILLIAMSON GROUP REALTY, I

Last checked: Checking… • Last updated Feb 4, 2025 •

MLS# C7504282 —

The Building

Year Built:

2005
New Construction:

false
Construction Materials:

Vinyl Siding
Roof:

Shingle
Foundation Details:

Crawlspace
# of Buildings:

5
Building Area Total:

5574
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Fireplace:

false

Room Dimensions

Living Area:

5274
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Take US 17 S, Turn Right on 761, Turn Left on Kissimmee Rd, Turn Right on Park Ave, Property down on Right
Latitude:

27.07031
Longitude:

-81.975587
Coordinates:

-81.975587, 27.07031

The Property

Parcel Number:

233923000000500000
Property Type:

Residential Income
Property Subtype:

Multi Family
Property Condition:

Completed
Lot Size Acres:

5
Lot Size Area:

5
Lot Size SqFt:

217800
Lot Size Units:

Acres
Total Acres:

5 to less than 10
Zoning:

RMF-M
View:

false
Exterior Features:

Storage
Water Source:

Well
Road Surface Type:

Other
Flood Zone Code:

X
Flood Zone Panel:

12027C0278D
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

The South 1/2 of the Northeast 1/4 of the Northeast 1/4 of the Southeast 1/4, LESS right of way on West Side, all being in Section 23, Township 39 South, Range 23 East, Desoto County. Florida.
Tax Annual Amount:

9588.49

Beds

Bedrooms Total:

15

Baths

Total Baths:

10

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/C7504282
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Septic Tank

Appliances

Laundry Features:

Inside

The Community

Subdivision Name:

N/A
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price
2/3/25 Feb 3, 2025	Listed / Active	STELLAR_MLS	$975,000
2/16/24 Feb 16, 2024	Price Changed	STELLAR_MLS
11/2/23 Nov 2, 2023	Listed / Active	STELLAR_MLS

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This multifamily located in FL 34269 is currently for sale for $975,000. 10586 SW Park Avenue is a 5,274 square foot multifamily with 15 beds and 10 baths that has been on Estately for 2 days. This multifamily is in the attendance area of Desoto Middle School, Nocatee Elementary School, and Desoto County High School.

Listing Courtesy of: STELLAR_MLS and THE WILLIAMSON GROUP REALTY, I.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.