$6,800,000
111 Jordan Avenue
Arcadia, FL 34266
About this home
Rare opportunity to acquire JB Arcadia Apartments, a specialized income producing asset in Arcadia, Florida strategically positioned for H2A agricultural worker housing in one of Florida’s most active farming regions. This offering combines durable construction, operational functionality, and the potential for a much stronger income performance than traditional residential leasing. The property includes 24 units across 7 buildings on two parcels with a mix of 2 bedroom, 3 bedroom, and 4 bedroom floor plans designed to accommodate high occupancy needs that have been completely rebuilt. Ownership has recently transitioned the property toward H2A housing operations, capitalizing on strong regional demand from growers, farm labor contractors, and agricultural employers seeking compliant housing solutions. Built for durability and ease of maintenance, the improvements are designed to withstand intensive occupancy while helping reduce repair costs over time. The property also benefits from city utilities, eliminating common septic system concerns often associated with rural housing sites. Arcadia and DeSoto County remain at the center of Florida’s agricultural economy, supporting year-round demand drivers tied to harvesting, farming, and related industries. With limited quality inventory available for this use, properties built and configured for H2A housing are difficult to replicate. Ideal for H2A housing operators, Workforce housing investors, Agricultural housing providers, 1031 exchange investors seeking higher yield opportunities.
Estimated monthly payment
$38,241/mo
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history9 days on market
- Status: ActiveApr 20, 2026
- Listed$6,800,000Apr 20, 2026
- Price increased$6,800,000
Virtual Tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 9
- Subdivision
- J W Whiddens Sub
- County
- Desoto
- Year built
- 1970
- Living area
- 29,352 sq ft
- Price/sq ft
- $232
- Lot size
- 91,350 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- X (12027C0178C)
- Annual taxes
- $8,883 (2025)
- Parcel #
- 36-37-24-0404-00F0-0040
- Zoning
- R-1C
- MLS #
- N6143959
Interior Details
- Flooring
- Concrete
- Appliances
- Refrigerator
- Direction faces
- West
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Parking features
- Common, Ground Level, Other
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Block, Concrete, Stucco
- Roof
- Membrane, Shingle
- Foundation
- Block, Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Public, Water Connected
Community
- Pets allowed
- No
Listing Details
- Listing date
- 2026-04-20
- On market date
- 2026-04-20
- Original list price
- $6,800,000
- MLS area
- 34266 - Arcadia
- Listing AOR
- Venice
- Status changed
- 2026-04-20
- Tax legal description
- LOT 4 AND THAT PART OF LOT 6, LYING SOUTH OF EXISTING CANAL, AND ALL OF LOTS 7,8, 9, 10, 11, 13, 15, 17, 19 AND 21. BLOCK "F" J W WHIDDEN SUBDIVISION, AS PER MAP OR PLAT THEREOF RECORDED IN THE OFFICE OF THE CLERK OF THE CIRCUIT COURT IN AND FOR DESOTO COUNTY FLORIDA, IN PLAT BOOK 1, PAGE 66, SUBJECT TO RESERVATIONS RECORDED IN DEED BOOK 246, PAGE 432 AND IN OFFICIAL RECORDS BOOK 60, PAGE 393, BOTH OF THE PUBLIC RECORDS OF DESOTO COUNTY FL
Location
- Flood zone
- X(12027C0178C)
Directions
Highway 70 to south on S Parker Ave to left on W Magnolia St to right on Jordan Ave (to see 2 buildings on S Baldwin turn right on S Baldwin).
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 29, 2026 at 10:52 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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