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24-Unit Apartment Property
For Sale
$6,800,000

111 Jordan Ave, Arcadia, FL 34266

Rebuilt multifamily improvements offer varied bedroom layouts and city utility service across a two-parcel site.

Property Size29,352 SF
Price / SF$231.67
Days on Market57

Property Features for 111 Jordan Ave

General Information

Standard status Active
Size 29,352 SF

Building Details

Year Built 1970
Listing Agency: NEXTHOME SUNCOAST
Listed By: Kari Battaglia, PA
Source: Chenoregroup
Added: Jul 5 Changed: Aug 29 Last Checked: Aug 25 at 4:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NEXTHOME SUNCOAST

Investment Insights

Based on property information with market context.

JB Arcadia Apartments is a multifamily property comprising 24 units within 7 buildings on two parcels. The unit mix includes 2-bedroom, 3-bedroom, and 4-bedroom layouts, providing multiple residential configurations. The improvements were completely rebuilt and include durable concrete and block construction with slab foundations. The property contains 29,352 square feet and was originally built in 1970.

Located at 111 Jordan Avenue in Arcadia, Florida, the property carries R-1C zoning and is served by city utilities. The ownership has transitioned the asset toward H2A agricultural worker housing operations, with the existing configuration suited to that use. Paved street access and ground-level common areas are also identified among the property features.

Key Highlights

  • 24 units across 7 buildings on two parcels
  • 29,352 square feet of multifamily improvements
  • Unit mix includes 2‑bedroom, 3‑bedroom, and 4‑bedroom layouts

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Storage Facility Big Box & Wholesale Store Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 34266, FL

28,827
Population
12,302
Households
2.3
Avg Household Size
40
Median Age
10%
College-Educated
70%
High-School Grad
578.1 sq mi
ZIP Area
50
Density / Sq Mi
$47,414
Median Household Income
$33,827
Median Earnings
$907
Median Rent
$144,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Rebuilt multifamily improvements offer varied bedroom layouts and city utility service across a two-parcel site.
Where is this apartment building located?
The property is located at 111 Jordan Ave Arcadia, FL.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: 24 units across 7 buildings on two parcels; 29,352 square feet of multifamily improvements; Unit mix includes 2‑bedroom, 3‑bedroom, and 4‑bedroom layouts
More about this property
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