7080 SW Highway 17, Arcadia, FL 34266

7080 SW Highway 17, Arcadia, FL 34266
Photo 1 of 1
$958,760
Sold on 4/08/24
Beds Baths Sq. Ft. Taxes Built
5 0.00 2,440 $4,793 1948
On the market: 436 days
View full details, 15 photos, school info, and price history
LET THE PASSIVE RENTAL INCOME PAY YOUR MORTGAGE WITH THIS PROVEN INCOME PRODUCING PROPERTY! - 4 potential income producing rentals with 3 additional outbuildings including a horse barn, a massive shop/garage and a storage building perfect for home office/flex space/workout room all sitting on 6.35 acres. The main home which could be your future primary residence with passive income of over $40,000 per year from the other three rental units- features 3 bedrooms 2.5 bathrooms and the photos speak for themselves! Everything in this home has been upgraded to the standards of a King including a chef's kitchen with propane stove, southern walnut hardwoods, 2022-26 gauge metal roof and yellow pine siding. Any of these units could be converted to short-term rentals such as AirBnB/VRBO style housing and the possibilities of income with that is extensive. The property is eligible for rezoning to either full or partial commercial and/or minor plat to RMF-1 and two additional rental units could be added to the property. The current zoning is Agricultural (A-10) with multifamily use and allows for grazing animals. Do not forget to ask your lender how you can use the current rental income towards your mortgage payment! Just a short distance to Arcadia, Punta Gorda, Port Charlotte and I75 makes this property a perfect rental location with a short commute and the opportunity to live in a country setting. Schedule your showing on this rare investment find today!
Listing courtesy of Sarah Whidden, TOWN & COUNTRY PROPERTIES OF FL