628 E Magnolia Street
ARCADIA, FL 34266
0
Bed
0
Bath
1,140Sqft
0.33Acre(Lot)
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-o
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
L Dining, Ninguno Roof: Metal Laundry Features: OutsideRoofing Information
Metal -
Flooring Information
Construction Materials: Frame -
Heating & Cooling
Heating: Central Cooling: Central Air WaterSource: Public
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Building Information
Year Built: 1946 -
Exterior Features
None Construction Materials: Frame Foundation Details: Crawlspace
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Lot Information
Lot Square Feet: 14375 Lot Acres: 0.33 Lot Size (SqMt): 1335Property Information
Property Type: Residential Income Sub Type: Duplex
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Listing Price Information
Original List Price:$299000
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Tax Information
Tax Block: 54 Tax Lot: 1 Tax Legal Description: TOWN OF ARCADIA O S LOTS 1 & 2 BLK 54 SEC 31-37-25 INST:201614003149 INST:201614003995 INST:202014006040 INST:202014006041 Annual Tax: $4140 Tax Year: 2025 Parcel Number: 25-37-24-0012-0540-0010
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Virtual Tour
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Utility Information
Cable Available, Electricity Connected, Public Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: A W GILCHRIST RESUB City: ARCADIA Direction: Take E. Magnolia, turn right onto Sumter Ave, property on the left Take W. Hickory St, turn left onto Sumter Ave, property on the left
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3481 NE Masters Avenue, Arcadia, FL, 34266 | $369,000 | -- | -- | 2,416 | 2,416 SqFt |
| 311 & 313 N Arcadia Ave.., Arcadia, FL, 34266 | $319,000 | 5 | 3 | 2,060 | 2,060 SqFt |
Similar Multifamily To 628 E Magnolia Street
Nearby For Sale
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Based on information submitted to the MLS GRID as of 07/26/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 07/26/2026 @ 18:20
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