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Overview

3 bd2 ba1,474 sqft1 car garageSingle Family
TypeSingle Family
HOANone listed
Built1934
Lot9,104 sqft
Living area1,474 sqft
Price / sqft$180
Garage1 car

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About this home

Ceiling Fans(s)Open FloorplanWindow TreatmentsLightingPrivate YardRain GuttersRv HookupStorage

318 N Monroe Ave is a 1934-built home in Gibson & Smiths Add, Arcadia. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,474 square feet of living space. Listed at $265,000 (about $180/sqft), 1 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Straight out of a storybook and full of historic charm, this beautifully restored bungalow is the kind of home that makes you fall in love the moment you pull up! Situated on a charming corner lot, this three-bedroom, two-bathroom home has been thoughtfully renovated from top to bottom while preserving the character that makes it so special. Picture slow mornings sipping coffee on the updated wraparound front porch, afternoons curled up with a good book, and evenings entertaining friends and family in a home that feels just as inviting as it looks. Step inside to find an abundance of natural light pouring through the windows, a spacious living room that flows effortlessly into the dining area, and a private bonus room tucked behind beautiful barn doors that's perfect for a home office, reading nook, or quiet retreat. The completely remodeled kitchen is a showstopper, featuring granite countertops, gorgeous cabinetry, recessed lighting, and stainless steel appliances purchased in 2024. All three bedrooms offer generous space and plenty of natural light, and both bathrooms have been beautifully renovated! One of the bathrooms is a true standout, featuring the home's original clawfoot soaking tub brought back to life and paired with a stunning herringbone accent wall that perfectly blends historic character with modern design. You'll also appreciate the oversized dedicated laundry room that offers additional flexibility for storage or workspace. Outside, the charm continues with a fenced backyard, detached garage/storage building, and curb appeal that's hard to beat! And while this home may have historic roots, the important updates have already been taken care of, including a 2023 roof, new electrical panel with generator/RV hookup installed in 2024, and gutters installed around the entire home in 2025. The SimpliSafe security system equipment also conveys. And here's the cherry on top: THIS HOME IS BEING PARTIALLY FURNISHED! That's right, most of the furniture you see in the listing photos is included, making this an incredible opportunity for a move-in-ready home with personality! Centrally located less than ten minutes from downtown shopping, local cafés, bookstores, restaurants, schools, and everyday conveniences, you'll have the charm of a historic home without sacrificing accessibility. Beautifully restored, full of character, and ready for its next chapter. All that's missing is YOU!

The essentials

Built
1934
Price / sqft
$180
On market
2 days
Annual tax
$3,380
Flood zone
X · Low risk
Lot
9,104 sqft
Type
Single Family Residence

At a glance

Single family
Built 1934
1 car garage
9,104 sqft lot
Lot size
1,474 sqft
Living area

Payment

Est. monthly payment
$1,796/mo
Down payment (20%)
$53,000
Property taxes
$282/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1934
Lot
9,104 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
2
Ceiling Fans(s)
Open Floorplan
Window Treatments
Lighting
Private Yard
Rain Gutters
Rv Hookup
Storage
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Elementary
West Elementary School
Middle
DeSoto Middle School
High
DeSoto County High School

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X
Annual Tax (2025)
$3,380
Parcel #
25-37-24-0166-0110-0010

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
Gibson & Smiths Add
County
Desoto
MLS Area
34266 - Arcadia
Lot Size
9,104 sqft
Corner LotHistoric DistrictCity LimitsPaved

Price history

Date
Event
Price
10/8/2026
Listed for sale
Source: Stellar MLS #C7531151
$265,000
$180/sqft

Neighborhood

318 N Monroe Ave
Arcadia, FL, 34266 · 34266 - Arcadia

Market insights

Offer Insights

Choose an offer strength

List price: $265,000
$252,500 – $265,000
95.2% – 100% of listTops out right at the list price
80% of listList price
42 of the last 83 home closings in 34266 landed at this number or higher (51%). The median one sat 29 days before it went under contract, and this one is on day 2.

Sample: 83 closed home sales in 34266 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$1,796/mo
Principal & interest$1,382
Property taxes$282
Insurance$133
Down payment20% · $53,000
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

$265,000

$180 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,474 sq ft

Time on market

2 days

Year built

1934

Monthly payment

About $1,796/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,380 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

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Brokered byEXP REALTY LLCListing agent: Brandi LongListing data from Stellar MLS, MLS# C7531151.

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