523 West Oak Street

Arcadia, FL 34266

$600,000
Price
5
Beds
4
Baths
2,670 Sq. Ft.
$225 / Sq. Ft.
2,670
Sq. Ft.
$225
per Sq. Ft.

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.
  1. Listed by Rex Glasson • DOUGLAS ELLIMAN
  2. Listed by Cathy Palmer • DOUGLAS ELLIMAN

Property Details for 523 West Oak Street

Architectural Style
Bungalow
Subdivision Name
DAUGHTREYS ADD
Township
37
Waterfront
No
Furnished
Furnished
LISTING UPDATED: 12/04/2024 07:52 AM

Property Details for 523 West Oak Street

StatusActive
MLS #A4631144
Days on Market14
Taxes$6,478 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1938
Lot Size0.31 AC / 13,460 SF
CountyDeSoto 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

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3946.0
  • Building Area Units: Square Feet
  • Direction Faces: Northeast
  • Directions: West on Hickory St from downtown, Left on Lee ave, home at corner of Lee and Oak on your left.
  • Elementary School: West Elementary School
  • Middle Or Junior School: DeSoto Middle School
  • High School: DeSoto County High School
  • Floor Number: 2
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 523
  • Street Direction Prefix: W
  • Street Name: OAK
  • Street Suffix: STREET
  • State: FL
  • City: ARCADIA
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 18
  • Tax Legal Description: DAUGHTREYS ADD TO ARCADIA W1/2 OF LOT 38 BLK 18 INST:201014007816
  • Tax Lot: 38
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 36-37-24-0081-0180-0385
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: No
  • Water Extras: No
  • Zoning: R-1B
  • Zoning Compatible: Yes
  • Living Area: 2670
Property and Assessments
  • Year Built Numeric: 1938
  • Flood Zone Code: X
  • Flood Zone Date: 11-06-2013
  • Flood Zone Panel: 12027C0178C
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 24
  • Public Survey Section: 36
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Other, Private Mailbox, Sidewalk
  • Foundation Details: Crawlspace, Slab
  • Levels: Two
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 5
  • Bathrooms Full: 4
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: Yes
  • Flooring: Laminate, Wood
  • Heating: Central, Wall Units / Window Unit
  • Interior Features: Other
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 3.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Flooring 1: Wood
  • Room Level 1: First
  • Room Type 1: Living Room
Room 2
  • Room Flooring 2: Laminate
  • Room Level 2: First
  • Room Type 2: Kitchen
Room 3
  • Room Flooring 3: Wood
  • Room Level 3: First
  • Room Type 3: Primary Bedroom

Property History for 523 West Oak Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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523 West Oak Street is a single family home for sale in Arcadia, FL 34266. This property was listed for sale on December 3, 2024 by DOUGLAS ELLIMAN, it's currently listed at $600,000. It has been on the market for a total of 14 days and was last sold on April 8, 2022. This listing's school district is DeSoto County Schools. Nearby schools include West Elementary School, Desoto Middle School and Desoto County High School. 523 West Oak Street is a 5-bed, 4-bath, 2,670 sqft single family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DOUGLAS ELLIMAN, Rex Glasson; DOUGLAS ELLIMAN, Cathy Palmer

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