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Isaac Loviglio

opentoclose@livingluxury.homes +1(941) 241-2581

$6,800,000

Est. payment - /mo

29,352 SqFt

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Key Details

Property Type Other Types

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 29,352 sqft

Price per Sqft $231

Subdivision J W Whiddens Sub

MLS Listing ID N6143959

Construction Status Completed

HOA Y/N No

Year Built 1970

Annual Tax Amount $8,883

Lot Size 2.100 Acres

Acres 2.1

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

Rare opportunity to acquire JB Arcadia Apartments, a specialized income producing asset in Arcadia, Florida strategically positioned for H2A agricultural worker housing in one of Florida's most active farming regions. This offering combines durable construction, operational functionality, and the potential for a much stronger income performance than traditional residential leasing. The property includes 24 units across 7 buildings on two parcels with a mix of 2 bedroom, 3 bedroom, and 4 bedroom floor plans designed to accommodate high occupancy needs that have been completely rebuilt. Ownership has recently transitioned the property toward H2A housing operations, capitalizing on strong regional demand from growers, farm labor contractors, and agricultural employers seeking compliant housing solutions. Built for durability and ease of maintenance, the improvements are designed to withstand intensive occupancy while helping reduce repair costs over time. The property also benefits from city utilities, eliminating common septic system concerns often associated with rural housing sites. Arcadia and DeSoto County remain at the center of Florida's agricultural economy, supporting year-round demand drivers tied to harvesting, farming, and related industries. With limited quality inventory available for this use, properties built and configured for H2A housing are difficult to replicate. Ideal for H2A housing operators, Workforce housing investors, Agricultural housing providers, 1031 exchange investors seeking higher yield opportunities.

Location

State FL

County Desoto

Community J W Whiddens Sub

Area 34266 - Arcadia

Zoning R-1C

Interior

Heating Electric

Cooling Central Air

Flooring Concrete

Appliance Refrigerator

Exterior

Parking Features Common, Ground Level, Other

Utilities Available Electricity Available, Public, Water Connected

Roof Type Membrane,Shingle

Building

Lot Description City Limits, Paved, Wooded

Foundation Block, Slab

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Stucco

New Construction false

Construction Status Completed

Others

Pets Allowed No

Ownership Fee Simple

Special Listing Condition None

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Listed by Kari Battaglia, PA NEXTHOME SUNCOAST

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Isaac Loviglio

+1(941) 241-2581

Agent | License ID: SL3466395

Agent License ID: SL3466395

111 JORDAN AVE Arcadia, FL 34266

Isaac Loviglio

Key Details

Location

Interior

Exterior

Building

Others

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111 JORDAN AVE