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About this home
225 W Effie St is a 1948-built home in Gibson & Smiths Add, Arcadia. Inside you'll find 5 bedrooms, 3 bathrooms, and 2,295 square feet of living space. Listed at $219,900 (about $96/sqft), 55 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Exceptional opportunity to own a home with 3 units - live in one and rent the other 2 units for income. There are 2 units on the main level featuring 2 bedrooms and 1 bath. On the upper level there is a renovated efficiency unit featuring a private rear entrance. This property has substantial upgrades to electric and plumbing. Each unit has a separate electric meter. Enjoy the “Old Florida” charm of Arcadia. Located about an hour east of Sarasota, this historic "cowboy town" in DeSoto County is known for cattle ranching, it also has a massive antique district and abounds with 19th century architecture. While visiting Downtown Arcadia you will discover 58 blocks of historic 19th and early 20th century brick buildings, quaint antique shops, small cafes, and tea rooms, while it still offers great shopping opportunities at local the Publix, Walmart and Bealls. On the 4th Saturday of every month, downtown hosts a large antique fair drawing collectors from near and far. Annual attractions include the All-Florida Championship Rodeo held in March and the Watermelon Festival in March. The Peace River runs right past Arcadia and offers an exceptional destination for outdoor enthusiasts. There are blackwater streams, massive moss-draped cypress trees, and rich geological history and is most famous for its premier wilderness paddling, distinct fossil hunting opportunities, and extensive riverside camping. If you also enjoy the beautiful Gulf beaches, Manasota Key is just a little over an hour's drive. This location truly has all the good life has to offer.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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
$219,900
$96 per sq ft
Beds and baths
5 beds, 3 baths
Size
2,295 sq ft
Time on market
55 days
Year built
1948
Monthly payment
About $1,661/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,851 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.
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