628 E Magnolia Street, Arcadia, FL 34266

Arcadia
Local realty services provided by:ERA American Suncoast
628 E Magnolia Street,Arcadia, FL 34266
$284,930
Virtual Tour
  • - Beds
  • - Baths
  • 1,140 sq. ft.
  • Multi-family
  • Active
Listed by: oralia ramirez
Office: rmz realty inc.
MLS#:A4700298
Source:MFRMLS

Price summary

  • Price:$284,930
  • Price per sq. ft.:$158.29

About this home

Two homes, one price, endless possibilities! Nestled in the historic district of DeSoto County, this rare property includes not one but two charming, income-producing houses on a single lot. The main house offers 3 bedrooms and 1 bath, complete with a large, welcoming front porch perfect for enjoying the historic neighborhood, plus a detached carport. The second home is a cozy 2-bedroom, 1-bath with its own detached carport — ideal for a tenant, guests, or extended family. Both homes are currently used as income property, giving buyers true flexibility: live in one and rent the other, or keep both as rentals for maximum cash flow. This is a unique opportunity for investors or owner-occupants alike to own a piece of DeSoto County history with built-in income potential. Don't miss this one-of-a-kind offering! You'll notice road construction going on right in front of the main house — don't let that scare you off! It's wrapping up soon, and once it's done, you'll have brand-new paved...

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Home facts

  • Year built:1946
  • Subdivision & Development:A W GILCHRIST RESUB
  • Listing ID #:A4700298
  • Added:107 day(s) ago
  • Updated:November 09, 2026 at 07:56 PM

Rooms and interior

  • Dining Description:L Shaped
  • Basement Description:Crawlspace
  • Living area:1,140 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1946
  • Building area:1,140 sq. ft.
  • Lot area:0.33 Acres
  • Construction Materials:Frame
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$284,930
  • Price per sq. ft.:$158.29
  • Tax amount:$4,140 (2025)

Features and amenities

  • Amenities:Cable Available, L Dining
  • Pool features:Public Pool

Parking

  • Parking description:1 Car Carport
  • Carport spaces:1
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