523 W OAK STREET
Arcadia, FL 34266
3946 sqft | 5 beds | 4 baths | 0.31 acres | #A4631144
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.
Property Details
- Exterior MaterialsOther, Private Mailbox, Sidewalk
- High SchoolDeSoto County High School
- Property SubtypeSingle Family Residence
- Elementary SchoolWest Elementary School
- Utility FeaturesElectricity Connected
- Middle SchoolDeSoto Middle School
- FoundationCrawlspace, Slab
- SubdivisionDAUGHTREYS ADD
- Sewer InformationPublic Sewer
- Property TypePurchase
- Original List Price$600,000
- MLS #A4631144
- MLS #A4631144
- Utility SourcePublic
- CountyDeSoto
- Taxes Annual$6,478
- Cost600000
- InteriorOther
- Acres0.31
- Square Feet3946
- Year Built1938
- Days on Market (Cumulative)23
- Bedrooms5
- Bathrooms4
- Full Baths4
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Stephanie LeFew | Keys to Castles Group
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Rex Glasson (#MFR281504556)
Listing Office: DOUGLAS ELLIMAN (#MFR281542877)
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