628 E MAGNOLIA ST, Arcadia, FL 34266
628 E MAGNOLIA ST, Arcadia, FL 34266
628 E MAGNOLIA ST, Arcadia, FL 34266
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Milton Knight

Milton Knight

+1(786) 917-3337
$299,000
Est. payment /mo
1,140 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,140 sqft

Price per Sqft $262

Subdivision A W Gilchrist Resub

MLS Listing ID A4700298

HOA Y/N No

Year Built 1946

Annual Tax Amount $4,140

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Duplex

Source Stellar MLS

Property Description

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 roads. Don't miss this one-of-a-kind offering!

Location

State FL

County Desoto

Community A W Gilchrist Resub

Area 34266 - Arcadia

Zoning R-1C

Interior

Interior Features L Dining, Ninguno

Heating Central

Cooling Central Air

Fireplace false

Laundry Outside

Exterior

Exterior Feature None

Utilities Available Cable Available, Electricity Connected, Public

Water Access No

Roof Type Metal

Attached Garage false

Garage false

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Senior Community Yes

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4700298

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Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Oralia Ramirez RMZ REALTY INC.

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Milton Knight

Milton Knight

+1(786) 917-3337

Principal Real Estate Broker | License ID: 0663675

Principal Real Estate Broker License ID: 0663675

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