$6,500,000
Active111 Jordan Ave, Arcadia, FL 34266
29,352 sq ft
Listing courtesy of NEXTHOME SUNCOAST Β· MLS# N6143959
191 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this property
A rare opportunity to acquire JB Arcadia Apartments, a 24-unit multifamily investment property located in DeSoto County, Florida, one of the state's most productive agricultural regions. Originally developed as traditional apartments, the current ownership strategically transitioned the property to H-2A agricultural workforce housing to capitalize on the area's growing demand and significantly increase income potential. This proven operational model offers investors the flexibility of an established multifamily asset with the upside of specialized workforce housing. The property consists of 24 units across seven buildings on two parcels, offering a mix of 2, 3, and 4-bedroom floor plans. The buildings have been extensively rebuilt and are designed for durability, operational efficiency, and reduced maintenance costs. Unlike many rural workforce housing properties, JB Arcadia Apartments benefits from city water and sewer, providing dependable infrastructure while eliminating the maintenance concerns associated with septic systems. Located in DeSoto County, the property serves one of Florida's most active agricultural corridors, where growers and farm labor contractors continue to seek quality H-2A housing. With limited inventory of compliant workforce housing available, this represents a compelling investment opportunity. Ideal for H-2A housing operators, Workforce housing investors, Agricultural employers, Commercial multifamily investors, 1031 Exchange buyers. Seller financing may be available to qualified buyers with acceptable terms.
Facts
- Property type
- Multi-Family 5+
- Year built
- 1970
- Exposure
- West
- Flood zone
- X
- Annual taxes
- $8,883/yr
- Listed
- Apr 20, 2026
- MLS #
- N6143959
Commercial details
Building & site
- Building size
- 29,352 SF
- Lot size
- 2.1 acres (91,350 SF)
- Zoning
- R-1C
- Ceiling height
- Varied
- Road frontage
- City Street
- Buildings
- 7
- Building features
- Bathrooms, Dumpsters, On Site Shower, Trash Removal
Investor metrics
- Price per SF (MLS)
- $221.45/SF
- Units
- 24
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β confirm with the listing broker before relying on them. We never estimate a cap rate.
Price & status history
- Listed for $6,800,000
- Price reduced to $6,500,000
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111 Jordan Ave, Arcadia, FL 34266
Listing courtesy of NEXTHOME SUNCOAST Β· MLS# N6143959 Β· Active
Where this property is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
