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523 Oak Street, ARCADIA, FL 34266
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523 Oak Street
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Would you like to sell your current home before you purchase this one? Click Here Like this Property? Submit an Offer Now
Priced at Only: $600,000
For more Information Call: (352) 279-4408
Address: 523 Oak Street, ARCADIA, FL 34266
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  • MLS#: A4631144 ( Residential )
  • Street Address: 523 Oak Street
  • Viewed: 9
  • Price: $600,000
  • Price sqft: $152
  • Waterfront: No
  • Year Built: 1938
  • Bldg sqft: 3946
  • Bedrooms: 5
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 18
  • Additional Information
  • Geolocation: 27.2173 / -81.8666
  • County: DESOTO
  • City: ARCADIA
  • Zipcode: 34266
  • Subdivision: Daughtreys Add
  • Elementary School: West
  • Middle School: DeSoto
  • High School: DeSoto County
  • Provided by: DOUGLAS ELLIMAN
  • Contact: Rex Glasson
  • 941-867-6199
  • DMCA Notice
  • 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 Arcadias historic district, this remarkable property offers a rare opportunity for both comfortable living and income generation, just an hour from Floridas 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 propertys 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 Arcadias 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.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other, Private Mailbox, Sidewalk
  • Flooring: Laminate, Wood
  • Living Area: 2670.00
  • Roof: Metal
School Information
  • High School: DeSoto County High School
  • Middle School: DeSoto Middle School
  • School Elementary: West Elementary School
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Furnished: Furnished
  • Interior Features: Other
  • Legal Description: DAUGHTREYS ADD TO ARCADIA W1/2 OF LOT 38 BLK 18 INST:201014007816
  • Levels: Two
  • Area Major: 34266 - Arcadia
  • Occupant Type: Tenant
  • Parcel Number: 36-37-24-0081-0180-0385
  • Style: Bungalow
  • Zoning Code: R-1B
Nearby Subdivisions
A B Simmons Resub   A W Gilchrist Resub   Acreage   Albert W Gilchrists East End   Arcadia   Arcadia Hwy Lands   Arcadia Hylands   Arcadia Land Improv Compa   Arcadia Resub Sout   Cc Morgans Prairie Park Add   Cityarcadia   Daughtreys Add   Davis Wright Add   Desoto County   Desoto Ranchettes   Douglas Minor Sec 04 37   Eller Turner Estates   Forest Pine Estates   Genes Little Acres   Gilchrists East End Add T   Granger Mizells Sub   Hidden Acres   Ho Dent Corp   Ho Dent Inc   Johnson Sub   Kiefer   King Baker Sub   Mockingbird Manor   None   Northside Add To Arcadia L   Not Applicable   Peace River Highlands   Peace River Reserve   Rio Vista   Rio Vista Sub   River Acres   Robinson Court   Roosting Pines   Royal Howard Sub   Royal Park Estates   Rz Investments   Sandalwood Estates   Sandalwood Estates First Add   Surveyarcadia   Townncountry Estates   Unknown   Villa Rica Park   Walston Ave   Washington Park  
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  1. Tropic Shores Realty
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