1870 SW Pax Duces Dr Arcadia, FL 34266
Property details
About 1870 SW Pax Duces Dr
Prime Investment Opportunity – 5-Unit Multifamily Property with Strong Cash Flow! This income-generating property features a duplex and a triplex, offering a total of five fully rented units: (1) 3-bedroom, 1-bath unit (2) 2-bedroom, 1-bath units (2) 1-bedroom, 1-bath units. Located just minutes from Arcadia and a short drive to Port Charlotte and Punta Gorda, tenants enjoy easy access to Southwest Florida’s best boating, fishing, and camping, while the investor enjoys a steady, reliable income stream. Financial Highlights: Gross annual rental income: $69,000 Net annual income: $47,500. Well-maintained units with strong rental history. Serviced AC units (bi-annually) Septic recently pumped and certified. With low operating costs and high demand for rentals in the area, this property is an excellent addition to any investor’s portfolio. The units are in good condition, and the location continues to attract long-term tenants looking for peace, space, and proximity to the coast. Excellent cash flow, low maintenance, and a great location — this is an investment you won’t want to miss! tenants are responsible for pest control - no animals. Schedule your showing today.
Highlights
Summary
- Appliances: Range, Refrigerator
- Interior: Ceiling Fans(s)
- Private Pool: No
- Exterior: Private Mailbox
- Heating: Central
- Cooling: Central Air
- List Price: $499,000
- Price/SqFt: $92
- Annual Tax Amount: $7,011
- Tax Year: 2023
- Directions: On thr corner of Highway 17 South and Pax Duces (property is bordered on 2 streets, Pax Duces and Los Pinos)
- Year Built: 1955
- Living Area: 5,402 SqFt
- Lot Size: 1.68 Acres
- MLS Number: C7508735
- MLS Name: MFRMLS
- Office Name: RE/MAX PALM PCS
- Office Phone: (941) 889-7654
- Listing Agent: Ann Bursa
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Last updated on: 4/30/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
1870 SW Pax Duces Dr
$5,926
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $392,277 | $7,011 |
2022 | $437,334 | $7,381 |
History based on county public records data.
Nearby schools
5
Nocatee Elementary School
Public District PK-5
1.9 mi
•4846 SW Shores Ave
3
Memorial Elementary School
Public District PK-5
2.8 mi
•851 E Hickory St
5
West Elementary School
Public District PK-5
3.0 mi
•304 W Imogene St
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 $34,610. Typical income of Arcadia, FL residents is less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
This home is located at 1870 SW Pax Duces Dr in Arcadia, FL and zip code 34266. This 5,402 square foot home, which was built in 1955, sits on a 1.68 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $499,000.
In March 2025 more than 2 listings in Arcadia, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 13 were sold below. Between February and March 2025, Arcadia, FL real estate market has seen increase in the number of listings by 4%. In March 2025 median list price was $275,000 and the average listing age was 47 days.