523 West Oak Street
$600,000
5
4
2,670
2,670
$225
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...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.
- Listed by Rex Glasson • DOUGLAS ELLIMAN
- Listed by Cathy Palmer • DOUGLAS ELLIMAN
Property Details for 523 West Oak Street
Architectural Style
Bungalow
Subdivision NameDAUGHTREYS ADD
Township37
WaterfrontNo
FurnishedFurnished
LISTING UPDATED: 12/04/2024 07:52 AM
Property Details for 523 West Oak Street
Status | Active |
---|---|
MLS # | A4631144 |
Days on Market | 14 |
Taxes | $6,478 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1938 |
Lot Size | 0.31 AC / 13,460 SF |
County | DeSoto County |
Building Information for 523 West Oak Street
Stories-Year Built1938Building Size-Lot Size0.31 AC / 13,460 SF
Property Information for 523 West Oak Street
Property History for 523 West Oak Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 523 West Oak Street
Taxable ValueLand$10,000Additions$276,306Total$286,306
Tax Record2023$6,478 ($540 / month)
Home Facts
Beds3Total Finished SqFt1,844 SqFtAbove Grade Finished SqFt1,844 SqFtStories1Lot Size13,460 SqFtStyleSingle Family ResidenceYear Built1938Year Renovated1990ZoningR-1BCountyDESOTOAPN36-37-24-0081-0180-0385Fireplace TypeHas Fireplace
Schools near 523 West Oak Street
This home is within DeSoto County Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
West Elementary School PublicPK to 5 | ||
Desoto Middle School Public6 to 8 | ||
Desoto County High School Public9 to 12 | ||
Desoto Virtual Franchise PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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