$6,800,000

111 Jordan Avenue

Arcadia, FL 34266

Active
0
Baths
29,352
Sq Ft
2.1
Acres
1970
Built
2.1 acres$232/sqft

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

Principal & interest$34,385
Property taxes$740
Home insurance (est.)$3,117

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

  1. Status: Active
    Apr 20, 2026
  2. Listed$6,800,000
    Apr 20, 2026
  3. 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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MLS GRID

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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA