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Overview

0 ba29,352 sqftMulti-family 5+
TypeMulti-family 5+
HOANone listed
Built1970
Lot91,350 sqft
Living area29,352 sqft
Price / sqft$221

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

About this home

Refrigerator

111 Jordan Ave is a 1970-built home in J W Whiddens Sub, Arcadia. Listed at $6,500,000 (about $221/sqft), 173 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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.

The essentials

Built
1970
Price / sqft
$221
On market
173 days
Annual tax
$8,883
Flood zone
X · Low risk
Lot
91,350 sqft
Type
Multi-family 5+

At a glance

Multi-family
Built 1970
2.10 acres
Lot size
29,352 sqft
Living area

Payment

Est. monthly payment
$37,890/mo
Down payment (20%)
$1,300,000
Property taxes
$740/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Multi-Family 5+
Year Built
1970
Lot
91,350 sqft
Cooling
Central Air
Heating
Electric
Parking
Common, Ground Level, Other
Days on Market
173
Refrigerator
Flood Zone X
Annual Tax (2025)
$8,883
Parcel #
36-37-24-0404-00F0-0040

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
J W Whiddens Sub
County
Desoto
MLS Area
34266 - Arcadia
Lot Size
91,350 sqft
City LimitsPavedWooded

Price history

Date
Event
Price
7/29/2026
Price change
Source: Stellar MLS #N6143959
$6,500,000-4.4%
$221/sqft
4/20/2026
Listed for sale
Source: Stellar MLS #N6143959
$6,800,000
$232/sqft

Neighborhood

111 Jordan Ave
Arcadia, FL, 34266 · 34266 - Arcadia

Market insights

Offer Insights

Choose an offer strength

List price: $6,500,000
$6.19M – $6.50M
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 173 after a $300,000 cut.

Sample: 83 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
$37,890/mo
Principal & interest$33,900
Property taxes$740
Insurance$3,250
Down payment20% · $1,300,000
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

$6,500,000

$221 per sq ft

Size

29,352 sq ft

Time on market

173 days

Year built

1970

Monthly payment

About $37,890/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $8,883 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 byNEXTHOME SUNCOASTListing agent: Kari Battaglia, PAListing data from Stellar MLS, MLS# N6143959.

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