Homes for sale - 606 & 607 E OAK ST, Arcadia, FL 34266

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Debbie Gentry

debbie@debbiegentry.com +1(352) 217-3179

$ 1,150,000

Est. payment | -/mo

4,662 SqFt

Save Virtual Tour

$ 1,150,000

Est. payment | -/mo

Save Virtual Tour

4,662 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 4,662 sqft

Price per Sqft $246

Subdivision Gilchrist Resub

MLS Listing ID C7511244

Construction Status Completed

HOA Y/N No

Year Built 1925

Annual Tax Amount $8,044

Lot Size 0.700 Acres

Acres 0.7

Lot Dimensions 150x205

Property Sub-Type Hotel/Motel

Source Stellar MLS

Property Description

Discover the only Bed and Breakfast in Arcadia, Florida—a fully operational and turnkey business that consistently generates excellent income. Located in the heart of the historic district, this stunning Victorian-style gem offers a remarkable opportunity to own a piece of history. The property features spacious interiors and impressive historical elements that captivate guests. It includes two suites and one double suite upstairs, as well as one large double suite downstairs, all available for rent at a starting rate of $140.00. Large groups are welcome, and the entire property can be rented for special events rates start at $800 a night. Each of the four spacious suites boasts charming decorative fireplaces, providing a unique experience with their distinctive themes. The sunroom is a must-see, offering the perfect retreat for reading a book or enjoying a peaceful rainy day. The massive living room creates a welcoming atmosphere, while the breakfast and dining room invites you to admire the high ceilings and beautiful woodwork, making the entire space feel open and inviting. The generous front porch, complete with a hanging swing, adds to the charm on breezy days. Additional outdoor amenities include ample parking, patio sitting areas, an outdoor grill, and a ping pong net, enhancing the outdoor experience for both guests and owners. Furthermore, a detached cottage can also be a rental with starting rate of $200 a night this adds more privacy, making it ideal for a manager's residence or extra rental space during peak seasons. Situated on 0.70 acres on a corner lot with easy access from multiple streets, this property provides plenty of parking and fabulous lush green areas. Additionally, included is a two-bedroom with bonus room, one-bath home. Located across the street that rents for $2,200 monthly. This home sits on two corner lots totaling 0.46 acres, with the second lot considered a buildable lot of record, ideal for adding another home or expanding parking. This home may also be useful for an onsite manager/owner or added rental space during the busy season. The current manager is ready to stay on board to ensure a seamless transition for the new owner. This property has a high potential to increase revenue. This place is huge. The property itself has plenty a room for nice pool. What a fantastic deal—a thriving business and a home for the owner all in one! Don't forget to check out the Arcadia Bed and Breakfast website and reviews!

Location

State FL

County Desoto

Community Gilchrist Resub

Area 34266 - Arcadia

Zoning R-3

Interior

Heating Central, Other, Ductless

Cooling Central Air, Wall/Window Unit(s)

Flooring Ceramic Tile, Tile, Reclaimed Wood

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer

Exterior

Parking Features Parking Spaces - 6 to 12

Community Features Sidewalks

Utilities Available Public, Water Connected

Roof Type Metal,Shingle

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Foundation Crawlspace, Other, Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Other,Frame,Wood Siding

New Construction false

Construction Status Completed

Others

Pets Allowed Yes - See Condo Docs

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7511244

Listed by TURNER REALTY, INC.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(352) 217-3179

debbie@debbiegentry.com

606 & 607 E OAK ST Arcadia, FL 34266