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4919 SW SHORES AVE Arcadia, FL 34266
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Key Details
Sold Price $999,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,456 sqft
Price per Sqft $289
Subdivision Wright Carlton 2Nd Add
MLS Listing ID A4518292
Sold Date 06/06/22
Construction Status Inspections
HOA Y/N No
Year Built 1962
Annual Tax Amount $3,298
Lot Size 10.000 Acres
Acres 10.0
Lot Dimensions 650x650
Property Description
**RARELY AVAILABLE *** INVESTMENT OPPORTUNITY! This sale includes 9 parcels with 5 different structures with immediate income potential on 4 of the parcels and a fully operational assisted living facility licensed for 12 beds offering more income potential. Parcel 1 consist of 2.17 acres and has 2 buildings. It was previously a daycare and is still set up as such. It has a septic system approved for up to 60 people. The main building is concrete block and is equipped with a fire and sprinkler system. The second building is a 2007 portable classroom with 2 classrooms and 2 bathrooms. There is also a metal building for storage near the back of this parcel. Parcel 2 consists of 2.07 acres and has a concrete block 6 bedroom, 4 bathroom building that has been a fully operational assisted living facility for many years and still operates as such. The sale includes the "business opportunity" of the licensed 12 bed ALF. 2 other (.5 acre) parcels have single wide mobile homes on them that provide rental income. The remaining parcels are vacant. All parcels including easements total near 10 acres and have road frontage on 3 sides. The property is located in the heart of Nocatee just South of Arcadia. Nocatee Elementary is located directly across the street from the Daycare location. Desoto county has a shortage of both daycares and ALF facilities making this a valuable investment! The parcels are all zoned RSF-3 so the remaining vacant lots can be used or sold for residential home lots or future potential development. Don't miss your chance to purchase this rare property and start making money on day one!
Location
State FL
County Desoto
Community Wright Carlton 2Nd Add
Zoning RSF-3
Interior
Interior Features Other
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Fence, Storage
Utilities Available Electricity Connected, Public, Water Connected
View Trees/Woods
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Corner Lot, In County, Level, Oversized Lot, Paved
Foundation Crawlspace
Lot Size Range 10 to less than 20
Sewer Septic Tank
Water Public, Well
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095