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24-Unit Multifamily Property
For Sale
$6,500,000

111 JORDAN Avenue, Arcadia, FL 34266

Commercial Sale, ARCADIA, FL

Property Size29,352 SF
Lot Size2.10 Acres
Price / SF$221.45
Days on Market175

Property Features for 111 JORDAN Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-1C
Appliances Refrigerator
Subdivision J W WHIDDENS SUB
Lot features City Limits, Paved, Wooded
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).
Standard status Active
APN 36-37-24-0404-00F0-0040
Size 29,352 SF
Lot size 2.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax 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
Tax Annual Amount 8883
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

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1970
Number of units 24
Flooring type Concrete
Building materials Block, Concrete, Stucco
Roof type Membrane, Shingle
Listing Agency: NEXTHOME SUNCOAST
Listed By: Kari Battaglia, PA
Added: Apr 20 Changed: Oct 9 Last Checked: Oct 11 at 6:06PM
MLS# N6143959

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 24-unit apartment property comprises seven buildings on two parcels totaling 2.1 acres. The unit mix includes two-, three-, and four-bedroom layouts. Built in 1970, the buildings have block, concrete, and stucco construction, with concrete flooring, central air conditioning, and electric heat. The property is currently operated as H-2A agricultural workforce housing and is zoned R-1C.

Public water and sewer serve the site. The buildings have membrane and shingle roofing, and electricity is available. The property is located in DeSoto County, Florida, and includes a total of 29,352 square feet of property area.

Key Highlights

  • 24 units in seven buildings across two parcels
  • 2.1 acres with 29,352 square feet of property area
  • Unit mix includes 2-, 3-, and 4‑bedroom floor plans

Property Analytics

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Current Use

Apartment buildings

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.

Lease Details

24
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

176
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Seven buildings on two parcels contain two-, three-, and four-bedroom floor plans.
Where is this apartment building located?
The property is located at 111 JORDAN Avenue Arcadia, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 24 units in seven buildings across two parcels; 2.1 acres with 29,352 square feet of property area; Unit mix includes 2-, 3-, and 4‑bedroom floor plans
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