$1,750,000
$1,500,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
5673 SE HWY 31 Arcadia, FL 34266
55,323 SqFt
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 55,323 sqft
Price per Sqft $31
Subdivision Hwy 31
MLS Listing ID C7413970
Sold Date 07/26/19
Construction Status Inspections
HOA Y/N No
Year Built 1947
Annual Tax Amount $67,394
Lot Size 45.520 Acres
Acres 45.52
Lot Dimensions 1726X590x512X1506X20X1187
Property Description
24 Residential Units that feature a blend of single family and multi-family units located directly on Hwy 31 in DeSoto County. All units are hooked up to public water and sewer. Paved roadways are already in place throughout the property. Great potential for rental development. Annual net income posted is an estimated potential. More density may be available pending county approval.
Location
State FL
County Desoto
Community Hwy 31
Zoning A-10
Interior
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Other
Garage Spaces 2.0
Utilities Available Electricity Available, Public, Sewer Available, Water Available
Waterfront false
Attached Garage true
Garage true
Private Pool No
Building
Lot Size Range 20 to less than 50
Sewer Public Sewer
Water Public
Structure Type Block,Brick
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with RE/MAX HARBOR REALTY
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