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Patrick DeFeo

contactdefeo@gmail.com +1(941) 518-0708

$ 1,150,000

Est. payment -/mo

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606 E OAK ST Arcadia, FL 34266

5 Beds

6 Baths

4,662 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,662 sqft

Price per Sqft $246

Subdivision Gilchrist Resub

MLS Listing ID C7512094

Bedrooms 5

Full Baths 5

Half Baths 1

Construction Status Completed

HOA Y/N No

Year Built 1925

Annual Tax Amount $8,044

Lot Size 0.700 Acres

Acres 0.7

Property Sub-Type Single Family Residence

Source Stellar MLS

New Construction false

Property Description

Business opportunity! Collecting $120,000 a year. Discover the only Bed and Breakfast in Arcadia, Florida—a fully operational and turnkey business that consistently generates excellent income. Located in the heart of the historic district, this stunning Victorian-style gem offers a remarkable opportunity to own a piece of history. The property features spacious interiors and impressive historical elements that captivate guests. It includes two suites and one double suite upstairs, as well as one large double suite downstairs, all available for rent at a starting rate of $140.00. Large groups are welcome, and the entire property can be rented for special events rates start at $800 a night. Each of the four spacious suites boasts charming decorative fireplaces, providing a unique experience with their distinctive themes. The sunroom is a must-see, offering the perfect retreat for reading a book or enjoying a peaceful rainy day. The massive living room creates a welcoming atmosphere, while the breakfast and dining room invites you to admire the high ceilings and beautiful woodwork, making the entire space feel open and inviting. The generous front porch, complete with a hanging swing, adds to the charm on breezy days. Additional outdoor amenities include ample parking, patio sitting areas, an outdoor grill, and a ping pong net, enhancing the outdoor experience for both guests and owners. Furthermore, a detached cottage can also be a rental with starting rate of $200 a night this adds more privacy, making it ideal for a manager's residence or extra rental space during peak seasons. Situated on 0.70 acres on a corner lot with easy access from multiple streets, this property provides plenty of parking and fabulous lush green areas. Additionally, included is a two-bedroom with bonus room, one-bath home. Located across the street that rents for $2,200 monthly (607 E Oak ST). This home sits on two corner lots totaling
.46 acres, with the second lot considered a buildable lot of record, ideal for adding another home or expanding parking. This home may also be useful for an onsite manager/owner or added rental space during the busy season. The current manager is ready to stay on board to ensure a seamless transition for the new owner. This property has a high potential to increase revenue. This place is huge. The property itself has plenty a room for nice pool. What a fantastic deal—a thriving business and a home for the owner all in one! Don't forget to check out the Arcadia Bed and Breakfast website and reviews!

Location

State FL

County Desoto

Community Gilchrist Resub

Area 34266 - Arcadia

Zoning R-3

Rooms

Other Rooms Bonus Room, Breakfast Room Separate, Family Room, Formal Dining Room Separate, Garage Apartment, Great Room, Inside Utility, Interior In-Law Suite w/Private Entry

Interior

Interior Features Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters, Walk-In Closet(s), Window Treatments

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type Decorative, Family Room, Living Room, Masonry, Other, Primary Bedroom, Wood Burning

Fireplace true

Appliance Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator

Laundry Inside, Laundry Room

Exterior

Exterior Feature Outdoor Grill, Private Mailbox, Rain Gutters, Sidewalk

Parking Features Boat, Driveway, Open, Oversized, RV Access/Parking

Utilities Available Electricity Connected, Public

View City

Roof Type Metal,Shingle

Porch Deck, Front Porch, Patio

Garage false

Private Pool No

Building

Lot Description Cleared, Corner Lot, Historic District, City Limits, Irregular Lot, Landscaped, Oversized Lot, Sidewalk, Paved

Entry Level One

Foundation Crawlspace

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Architectural Style Craftsman, Other, Traditional, Victorian

Structure Type Other,Frame

New Construction false

Construction Status Completed

Schools

Elementary Schools Memorial Elementary School

Middle Schools Desoto Middle School

High Schools Desoto County High School

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7512094

Listed by TURNER REALTY, INC.

Patrick DeFeo

Agent | CQ266503493

+1(941) 518-0708

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Patrick DeFeo

606 E OAK ST Arcadia, FL 34266

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606 E OAK ST