628 E Magnolia St, photo 1
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Overview

0 bd0 ba1,140 sqftDuplex
TypeDuplex
HOANone listed
Built1946
Lot14,375 sqft
Living area1,140 sqft
Price / sqft$250

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

L DiningNinguno

628 E Magnolia St is a 1946-built home in A W Gilchrist Resub, Arcadia. Listed at $284,930 (about $250/sqft), 94 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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!

The essentials

Built
1946
Price / sqft
$250
On market
94 days
Annual tax
$4,140
Flood zone
X · Low risk
Lot
14,375 sqft
Type
Duplex

At a glance

Multi-family
Built 1946
0.33 acres
Lot size
1,140 sqft
Living area

Payment

Est. monthly payment
$1,973/mo
Down payment (20%)
$56,986
Property taxes
$345/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Duplex
Year Built
1946
Lot
14,375 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
94
L Dining
Ninguno
Flood Zone X
Annual Tax (2025)
$4,140
Parcel #
25-37-24-0012-0540-0010

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
A W Gilchrist Resub
County
Desoto
MLS Area
34266 - Arcadia
Lot Size
14,375 sqft

Price history

Date
Event
Price
10/6/2026
Price change
Source: Stellar MLS #A4700298
$284,930
$250/sqft
-
Price change
Source: Stellar MLS #A4700298
$285,000-4.7%
$250/sqft
7/17/2026
Listed for sale
Source: Stellar MLS #A4700298
$299,000
$262/sqft

Neighborhood

628 E Magnolia St
Arcadia, FL, 34266 · 34266 - Arcadia

Market insights

Offer Insights

Choose an offer strength

List price: $284,930
$270,000 – $284,930
95.1% – 100% of listTops out right at the list price
80% of listList price
45 of the last 89 home closings in 34266 landed at this number or higher (51%). The median one sat 33 days before it went under contract, and this one is on day 94 after a $14,070 cut.

Sample: 89 closed home sales in 34266 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$1,973/mo
Principal & interest$1,486
Property taxes$345
Insurance$142
Down payment20% · $56,986
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$284,930

$250 per sq ft

Size

1,140 sq ft

Time on market

94 days

Year built

1946

Monthly payment

About $1,973/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,140 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byRMZ REALTY INC.Listing agent: Oralia RamirezListing data from Stellar MLS, MLS# A4700298.

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