111 Jordan Avenue, Arcadia, FL 34266
- $6,800,000
- 29,352
- SqFt
- List Price
- $6,800,000
- Status
- Active
- Days on Market
- 99
- MLS#
- N6143959
- Property Style
- Multi-Family 5+
- Year Built
- 1970
- Living Area
- 29,352
- Lot Size
- 91,350
- Acres
- 2.10
- Total Acreage
- 2 to less than 5
- Legal Subdivision Name
- J W Whiddens Sub
- Complex/Comm Name
- Jb Arcadia Apartment
- MLS Area Major
- Arcadia
Property Description
Rare opportunity to acquire JB Arcadia Apartments, a specialized income producing asset in Arcadia, Florida strategically positioned for H2A agricultural worker housing in one of Florida’s most active farming regions. This offering combines durable construction, operational functionality, and the potential for a much stronger income performance than traditional residential leasing. The property includes 24 units across 7 buildings on two parcels with a mix of 2 bedroom, 3 bedroom, and 4 bedroom floor plans designed to accommodate high occupancy needs that have been completely rebuilt. Ownership has recently transitioned the property toward H2A housing operations, capitalizing on strong regional demand from growers, farm labor contractors, and agricultural employers seeking compliant housing solutions. Built for durability and ease of maintenance, the improvements are designed to withstand intensive occupancy while helping reduce repair costs over time. The property also benefits from city utilities, eliminating common septic system concerns often associated with rural housing sites. Arcadia and DeSoto County remain at the center of Florida’s agricultural economy, supporting year-round demand drivers tied to harvesting, farming, and related industries. With limited quality inventory available for this use, properties built and configured for H2A housing are difficult to replicate. Ideal for H2A housing operators, Workforce housing investors, Agricultural housing providers, 1031 exchange investors seeking higher yield opportunities.
Additional Information
- Taxes
- $8883
- Location
- City Limits, Paved, Wooded
- Community Features
- No Deed Restriction
- Zoning
- R-1C
- Floor
- Concrete
- Appliances
- Refrigerator
- Utilities
- Electricity Available, Public, Water Connected
- Heating
- Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Concrete, Stucco
- Roof
- Membrane, Shingle
- Foundation
- Block, Slab
- Pool
- No Pool
- Garage Features
- Common, Ground Level, Other
- Pets
- Not Allowed
- Flood Zone Code
- X
- Parcel ID
- 36-37-24-0404-00F0-0040
- Legal Description
- LOT 4 AND THAT PART OF LOT 6, LYING SOUTH OF EXISTING CANAL, AND ALL OF LOTS 7,8, 9, 10, 11, 13, 15, 17, 19 AND 21. BLOCK "F" J W WHIDDEN SUBDIVISION, AS PER MAP OR PLAT THEREOF RECORDED IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT IN AND FOR DESOTO COUNTY FLORIDA, IN PLAT BOOK 1, PAGE 66, SUBJECT TO RESERVATIONS RECORDED IN DEED BOOK 246, PAGE 432 AND IN OFFICIAL RECORDS BOOK 60, PAGE 393, BOTH OF THE PUBLIC RECORDS OF DESOTO COUNTY FL
Listing courtesy of NEXTHOME SUNCOAST. 941-882-2229
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