1870 SW Pax Duces Drive
ARCADIA, FL 34266
- – beds
- – baths
- 5,402 sqft
- ~2 acre lot
- $92 per sqft
- 1955 build
- – on site
Prime Investment Opportunity – 5-Unit Multifamily Property with Strong Cash Flow! This income-generating property features a duplex and a triplex, offering a total of five fully rented units: (1) 3-bedroom, 1-bath unit (2) 2-bedroom, 1-bath units (2) 1-bedroom, 1-bath units. Located just minutes from Arcadia and a short drive to Port Charlotte and Punta Gorda, tenants enjoy easy access to Southwest Florida’s best boating, fishing, and camping, while the investor enjoys a steady, reliable income stream. Financial Highlights: Gross annual rental income: $69,000 Net annual income: $47,500. Well-maintained units with strong rental history. Serviced AC units (bi-annually) Septic recently pumped and certified. With low operating costs and high demand for rentals in the area, this property is an excellent addition to any investor’s portfolio. The units are in good condition, and the location continues to attract long-term tenants looking for peace, space, and proximity to the coast. Excellent cash flow, low maintenance, and a great location — this is an investment you won’t want to miss! tenants are responsible for pest control - no animals. Schedule your showing today.
Last checked:
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Last updated May 1, 2025
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MLS# C7508735 —
The Building
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Year Built:1955
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New Construction:false
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Construction Materials:Block
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Roof:Metal
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Foundation Details:Slab
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# of Buildings:2
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Building Area Total:7184
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Furnished:Unfurnished
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Fireplace:false
Room Dimensions
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Living Area:5402
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:On thr corner of Highway 17 South and Pax Duces (property is bordered on 2 streets, Pax Duces and Los Pinos)
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Latitude:27.17962
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Longitude:-81.872997
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Coordinates:-81.872997, 27.17962
The Property
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Parcel Number:133824023000400050
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Lot Size Acres:1.68
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Lot Size Area:1.5263
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Lot Size SqFt:66487
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Lot Size Dimensions:301 x 234 x 280 x 197
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Lot Size Units:Acres
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Total Acres:1 to less than 2
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Zoning:FMF6
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View:false
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Exterior Features:Private Mailbox
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Water Source:Well
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Road Surface Type:Paved
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Flood Zone Code:X
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Additional Parcels:false
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Homestead:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (863) 990-1878
- Office phone:
- (941) 889-7654
Taxes
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Tax Year:2024
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Tax Lot:5
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Tax Block:4
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Tax Legal Description:RESUB MIRA SILVA LOT 5 BLK 4 LESS & EXCEPT COMM AT NW COR OF SEC 13 TH ALG N LI OF SEC 13 S 89D11M34S E A DIST OF 1101.16 FT TO BASE LI TH ALG BASE LI S 18D57M31S W A DIST OF 21.05 FT TH N 89D 11M34S W A DIST OF 34.73 FT TO INT NLY R/W STATE RD 35 & S R/W LI OF LOS PINOS RD & N LI OF LOT 5 FOR POB TH ALG NLY R/W S 18D57M31S W A DIST OF 20.60 FT TH N 56D40M33S W A DIST OF 27.12 FT TH N 89D11M34 S W A DIST OF 19.42 FT TH N 00 D00M00S W A DIST OF 5.00 FT TO S R/W LOS PINOS DR & N LI OF LOT 5 TH ALG S R/W & N LI S 89D11M34S E A DIST OF 48.78 FT TO POB INST:201414005657 INST:202014003326
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Tax Annual Amount:$8,260.41
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/C7508735
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Available
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Sewer:Septic Tank
Appliances
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Appliances:Range
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Laundry Features:None
The Community
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Subdivision Name:RESUB MIRA SILVA
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/30/25
Apr 30, 2025
|
Listed / Active | STELLAR_MLS | $499,000 |