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523 W Oak Street

Arcadia, FL 34266

5 beds
4 baths
2,670 sqft
13,460 sqft lot
$224 per sqft
1938 build
– on site

**Timeless Elegance with Income Potential in Historic Arcadia** 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.

Listing courtesy of STELLAR_MLS / DOUGLAS ELLIMAN

Last checked: Checking… • Last updated Dec 13, 2024 •

MLS# A4631144 —

The Building

Year Built:

1938
New Construction:

false
Architectural Style:

Bungalow
Construction Materials:

Wood Frame
Levels:

Two
Roof:

Metal
Foundation Details:

Crawlspace
Floor Number:

2
Building Area Total:

3946
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Other
Furnished:

Furnished
Flooring:

Laminate
Fireplace:

true

Room Dimensions

Living Area:

2670
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

West on Hickory St from downtown, Left on Lee ave, home at corner of Lee and Oak on your left.
Latitude:

27.217337
Longitude:

-81.866617
Coordinates:

-81.866617, 27.217337

The Property

Parcel Number:

363724008101800385
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.31
Lot Size Area:

13460
Lot Size SqFt:

13460
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R-1B
Direction Faces:

Northeast
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12027C0178C
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

38
Tax Block:

18
Tax Legal Description:

DAUGHTREYS ADD TO ARCADIA W1/2 OF LOT 38 BLK 18 INST:201014007816
Tax Annual Amount:

6478

Beds

Bedrooms Total:

5

Baths

Total Baths:

4
Total Baths:

4
Full Baths:

4

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/A4631144
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Inside

Schools

Elementary School:

West Elementary School
Middle Or Junior School:

DeSoto Middle School
High School:

DeSoto County High School

The Community

Subdivision Name:

DAUGHTREYS ADD
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$600,000

Expense	Monthly cost
Mortgage	$3,212
Taxes	$539
Insurance	$165
Utilities	$195 See report
Total	$4,111/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
12/3/24 Dec 3, 2024	Listed / Active	STELLAR_MLS	$600,000	282.2% (106.2% / YR)
4/8/22 Apr 8, 2022		STELLAR_MLS	$157,000	-21.5%
3/24/22 Mar 24, 2022		STELLAR_MLS	$199,900

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This house located in Arcadia, FL 34266 is currently for sale for $600,000. 523 W Oak Street is a 2,670 square foot house with 5 beds and 4 baths that has been on Estately for 19 days. This house is in the attendance area of West Elementary School, Desoto County High School, and Desoto Middle School.

Listing Courtesy of: STELLAR_MLS and DOUGLAS ELLIMAN.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

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.