Overview
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!
Virtual Tour
Address
- Street628 MAGNOLIA
- CityArcadia
- SubdivisionA W GILCHRIST RESUB
- CountyDeSoto
- StateFL
- Zip34266
- MLS #A4700298
Interior
- Bathrooms Total Integer0
- Bedrooms Total0
- CoolingCentral Air
- CoolingYes
- HeatingCentral
- HeatingYes
- Interior FeaturesL Dining, Ninguno
- Laundry FeaturesOutside
- Living Area1,140
- Living Area SourcePublic Records
- Living Area UnitsSquare Feet
Exterior
- Carport Spaces1
- CarportYes
- Covered Spaces1
- Exterior FeaturesNone
- Garage Spaces0
- Lot Size Acres0
- Lot Size Area14,375
- Lot Size Square Feet14,375
- Lot Size UnitsSquare Feet
- Road Surface TypeAsphalt
- RoofMetal
Structure
- Building Area Total1,800
- Construction MaterialsWood Frame
- Foundation DetailsCrawlspace
- Number Of Buildings2
- Year Built1946
Utilities
- SewerPublic Sewer
- UtilitiesCable Available, Electricity Connected, Public
- Water SourcePublic
Financial
- Parcel Number253724001205400010
- Tax Annual Amount4,140
- Tax Block54
- Tax Legal DescriptionTOWN OF ARCADIA O S LOTS 1 & 2 BLK 54 SEC 31-37-25 INST:201614003149 INST:201614003995 INST:202014006040 INST:202014006041
- Tax Lot1
- Tax Year2025
- ZoningR-1C
Location
- CountryUnited States
- County Or ParishDeSoto
- DirectionsTake E. Magnolia, turn right onto Sumter Ave, property on the left Take W. Hickory St, turn left onto Sumter Ave, property on the left
- Latitude27
- Longitude-82
- MLS Area Major34266 - Arcadia
- Postal Code34266
- Postal Code Plus44663
- Senior CommunityYes
- Street Direction PrefixE
- Street NameMAGNOLIA
- Street Number628
- Street Number Numeric628
- Street SuffixSTREET
- Subdivision NameA W GILCHRIST RESUB
- Unparsed Address628 E MAGNOLIA STREET
Features & Amenities
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
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