$6,500,000
111 Jordan Avenue
Arcadia, FL 34266
Listing updated: July 29, 2026 at 3:59 PM ET
Listing courtesy of Nexthome Suncoast · Kari Battaglia, PA · MLS #N6143959 · Active · 941-882-2229Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
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 history100 days on market
- Status: ActiveApr 20, 2026
- Listed$6,800,000Apr 20, 2026
- Price reduced$6,500,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 100
- Subdivision
- J W Whiddens Sub
- County
- Desoto
- Year built
- 1970
- Living area
- 29,352 sq ft
- Price/sq ft
- $221
- 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
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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
- Listing terms
- Owner Financing
- 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
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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 July 29, 2026 at 3:59 PM 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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