523 W Oak STREET, ARCADIA, FL 34266 | MLS# A4631144 | Mamba Realty

ARCADIA, FL 34266 523 W Oak STREET

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Presented By: DOUGLAS ELLIMAN with 941-867-6199. - Lena White
  • MLS# A4631144
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  • Beds • 5
  • Baths • 4
  • SQFT • 2,670

Home Details

**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.
Presented By: DOUGLAS ELLIMAN with 941-867-6199. - Lena White

Interior Features for 523 W Oak STREET

Bedrooms

Total Bedrooms5

Bathrooms

Half Baths0
Total Baths4

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NYes
Flooringlaminate, hardwood
Furnished Y/Nfurnished
Heating Y/NYes
Laundry Featuresinside

General for 523 W Oak STREET

Additional Parcels Y/NNo
Appliancesdishwasher, dryer, electric water heater, microwave, range, refrigerator, washer
Architectural Stylebungalow
Building Area Unitssquare feet
Carport Y/NNo
Cityarcadia
Construction Materialswood frame
Coolingcentral air, wall/window unit(s)
Countydesoto
Directionswest on hickory st from downtown, left on lee ave, home at corner of lee and oak on your left.
Elementary Schoolwest elementary school
Exterior Featuresother, private mailbox, sidewalk
FULLfee simple
Facing Directionnortheast
Flood Zone Codex
Flood Zone Code XY
Full Baths4
Garage Y/NNo
HOAYes
Heatingcentral, wall units / window unit
High Schooldesoto county high school
Interior Featuresother
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptiondaughtreys add to arcadia w1/2 of lot 38 blk 18 inst:201014007816
Levelstwo
Listing Termscash, conventional, fha, usda loan, va loan
Living Area Unitssquare feet
Lot Size Square Feet13460
Lot Size Unitssquare feet
MLS Area34266 - arcadia
Middle/Junior High Schooldesoto middle school
Minimum Leaseno minimum
ModificationTimestamp2024-12-04t12:52:47.980z
New ConstructionNo
Occupancy Typetenant
Property Subtypesingle family residence
Property Typeresidential
Roofmetal
STELLAR_InLawSuiteDescripdetached (adu), kitchenette, studio
STELLAR_InLawSuiteYNYes
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namedaughtreys add
Tax Annual Amount6478
Tax Lot38
Tax Year2023
Total Rooms3
Utilitieselectricity connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1938
Zoningr-1b

Exterior for 523 W Oak STREET

Building Area Total3946
Foundation Detailscrawlspace, slab
Lot Size Acres0.31
Lot Size Area13460
Private PoolNo
Road Surface Typeasphalt, paved
Water Sourcepublic

Additional Details

Price History

Schools

Middle School DeSoto Middle School
High School DeSoto County High School
Elementary School West Elementary School

Jehad Bader

Broker
Price $600,000
MLS#A4631144
Property Type Single Family
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