$299,000
628 Magnolia Street
Arcadia, FL 34266
Listing updated: July 25, 2026 at 6:48 AM ET
Listing courtesy of Rmz Realty Inc. · Oralia Ramirez · MLS #A4700298 · Active · 863-990-6093Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
Two homes, one price, endless possibilities! Nestled in the historic district of DeSoto County, this rare property includes not one but two charming, income-producing houses on a single lot. The main house offers 3 bedrooms and 1 bath, complete with a large, welcoming front porch perfect for enjoying the historic neighborhood, plus a detached carport. The second home is a cozy 2-bedroom, 1-bath with its own detached carport — ideal for a tenant, guests, or extended family. Both homes are currently used as income property, giving buyers true flexibility: live in one and rent the other, or keep both as rentals for maximum cash flow. This is a unique opportunity for investors or owner-occupants alike to own a piece of DeSoto County history with built-in income potential. Don't miss this one-of-a-kind offering! You'll notice road construction going on right in front of the main house — don't let that scare you off! It's wrapping up soon, and once it's done, you'll have brand-new paved roads. Don't miss this one-of-a-kind offering!
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 history1 days on market
- Status: ActiveJul 24, 2026
- Listed$299,000Jul 24, 2026
- Price increased$299,000
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 1
- Subdivision
- A W Gilchrist Resub
- County
- Desoto
- Year built
- 1946
- Living area
- 1,140 sq ft
- Price/sq ft
- $262
- Building area
- 1,800 sq ft (Public Records)
- Lot size
- 14,375 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12027C0178C)
- Annual taxes
- $4,140 (2025)
- Parcel #
- 25-37-24-0012-0540-0010
- Zoning
- R-1C
- MLS #
- A4700298
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Interior Details
- Bedrooms
- 0
- Interior features
- L Dining, Ninguno
- Laundry
- Outside
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 0
- Attached garage
- No
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- None
- Construction materials
- Frame
- Roof
- Metal
- Foundation
- Crawlspace
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Public
Community
- Senior community
- Yes
Listing Details
- Listing date
- 2026-07-17
- On market date
- 2026-07-24
- Original list price
- $299,000
- MLS area
- 34266 - Arcadia
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-07-24
- Tax legal description
- TOWN OF ARCADIA O S LOTS 1 & 2 BLK 54 SEC 31-37-25 INST:201614003149 INST:201614003995 INST:202014006040 INST:202014006041
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
Take E. Magnolia, turn right onto Sumter Ave, property on the left Take W. Hickory St, turn left onto Sumter Ave, property on the left
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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 25, 2026 at 6:48 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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