Arcadia, FL 34266,523 W OAK ST
Arcadia, FL 34266,523 W OAK ST
Arcadia, FL 34266,523 W OAK ST
Arcadia, FL 34266,523 W OAK ST
Arcadia, FL 34266,523 W OAK ST
Arcadia, FL 34266,523 W OAK ST
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$ 600,000
Est. payment | /mo

5 Beds

4 Baths

2,670 SqFt


$ 600,000
Est. payment | /mo

5 Beds

4 Baths

2,670 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,670 sqft

Price per Sqft $224

Subdivision Daughtreys Add

MLS Listing ID A4631144

Bedrooms 5

Full Baths 4

HOA Y/N No

Originating Board Stellar MLS

Year Built 1938

Annual Tax Amount $6,478

Lot Size 0.310 Acres

Acres 0.31

Property Description

**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.

Location

State FL

County Desoto

Community Daughtreys Add

Zoning R-1B

Interior

Interior Features Other

Heating Central, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Flooring Laminate, Wood

Furnishings Furnished

Fireplace true

Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Laundry Inside

Exterior

Exterior Feature Other, Private Mailbox, Sidewalk

Utilities Available Electricity Connected

Roof Type Metal

Garage false

Private Pool No

Building

Entry Level Two

Foundation Crawlspace, Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Structure Type Wood Frame

New Construction false

Schools

Elementary Schools West Elementary School

Middle Schools Desoto Middle School

High Schools Desoto County High School

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition None

Stellar MLS
Listed by DOUGLAS ELLIMAN
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523 W OAK ST