10586 SW Park Ave Arcadia, FL 34269
Property details
About 10586 SW Park Ave
Turnkey investment opportunity! This 5-acre income-producing property is a rare find, offering five well-maintained homes, each with its own shed, septic system, and electric meter—ensuring easy management and complete tenant independence. The current tenants are long-term and reliable, with each having lived here for at least three years and all on yearly leases, providing steady, hassle-free income. Plus, each tenant takes care of their own lawn, keeping maintenance to a minimum for the owner. Each of the five homes rents for $1,200 per month, creating a strong and consistent cash flow. Additionally, a privately owned home has been on the property for 11 years, paying $400 per month in lot rent—adding an extra stream of income! The homes are in great condition, making this an easy, turnkey investment with no immediate repairs needed. Beyond the current rental setup, this property offers huge potential for investors looking to expand. Whether you choose to keep it as-is and enjoy passive income or explore future development possibilities, the opportunities here are endless. With multiple income streams, reliable tenants, and minimal owner responsibilities, this property is a smart investment that works for you from day one. Don't miss out on this rare multi-home opportunity—reach out today to schedule a showing and secure your next profitable investment!
Highlights
Virtual tour
Summary
- Interior: Ceiling Fans(s), Open Floorplan, Window Treatments
- Total Bedroom Count: 10
- Private Pool: No
- Exterior: Storage
- Heating: Central
- Cooling: Central Air
- List Price: $895,000
- Price/SqFt: $169
- HOA Amount: $0
- Annual Tax Amount: $8,597
- Tax Year: 2023
- Directions: Take US 17 S, Turn Right on 761, Turn Left on Kissimmee Rd, Turn Right on Park Ave, Property down on Right
- Year Built: 2005
- Living Area: 5,274 SqFt
- Lot Size: 5 Acres
- MLS Number: C7504282
- MLS Name: MFRMLS
- Office Name: THE WILLIAMSON GROUP REALTY, I
- Office Phone: (863) 494-9009
- Listing Agent: Brandi Long
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Last updated on: 7/9/2025, 11:34:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 03, 2002 | Home Sold | $208,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $509,631 | $8,597 |
| 2022 | $462,173 | $8,597 |
| 2021 | $305,456 | $- |
| 2020 | $282,557 | $4,598 |
| 2019 | $236,908 | $6,986 |
| 2018 | $237,204 | $5,793 |
| 2017 | $218,710 | $- |
History based on county public records data.
Nearby schools
6
Deep Creek Elementary School
Public District PK-5
6.2 mi
•26900 Harbor View Rd
4
Kingsway Elementary School
Public District PK-5
6.8 mi
•23300 Quasar Blvd
5
Nocatee Elementary School
Public District PK-5
8.1 mi
•4846 SW Shores Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,910. Residents of Arcadia, FL typically earn between $35k-100k each year. The majority of families are married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
NASCAR
Hunting
Where do the neighbors shop?
Stein Mart
Dollar General
Bass Pro Shops
Where do the neighbors go to eat?
Bob Evans
Applebees
Hardee's
What do the neighbors drive?
Buick
Cadillac
GMC
What do the neighbors listen to?
Adult Standards
Classic Country
Oldies
Frequently asked questions
About 10586 SW Park Ave
The listing price of 10586 SW Park Ave property is $895,000.
The property 10586 SW Park Ave is a multi located in Arcadia, Florida, 34269.
Active Listing: 10586 SW Park Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 10586 SW Park Ave are: Deep Creek Elementary School (GreatSchools Rating 6/10), Kingsway Elementary School (GreatSchools Rating 4/10), Nocatee Elementary School (GreatSchools Rating 5/10), Port Charlotte Middle School (GreatSchools Rating 6/10), Woodland Middle School (GreatSchools Rating 6/10), Punta Gorda Middle School (GreatSchools Rating 4/10), Florida Southwestern Collegiate High School (GreatSchools Rating 9/10), Charlotte High School (GreatSchools Rating 5/10), Imagine School at North Port (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $8,597 (source: MLS/based on county public records data).
The last sale was on January 3, 2002 for $208,000 (source: MLS/tax record).
The property 10586 SW Park Ave is 5,274 SqFt (source: MLS/tax record).
The year of construction for 10586 SW Park Ave is 2005.
This home is located at 10586 SW Park Ave in Arcadia, FL and zip code 34269. This 5,274 square foot home, which was built in 2005, sits on a 5.00 acre lot. Features: 10 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $895,000.
In June 2025, from all listings sold in Arcadia, FL there were more than 1 sold above asking price, over 12 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Arcadia, FL did not change between May and June 2025. Listings spent 94 days on the market in June 2025, and had a median list price of $276,500 during the same period.