Search
24-Unit Workforce Housing Apartments
For Sale
$6,500,000

111 Jordan Avenue, Arcadia, FL 34266

Arcadia, FL

Property Size29,352 SF
Lot Size2.10 Acres
Price / SF$221.45
Days on Market11

Property Features for 111 Jordan Avenue

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Size 29,352 SF
Lot size 2.10 Acres

Building Details

Year built 1970
Buildings 7
Listing Agency: NextHome Suncoast
Listed By: Kari Battaglia · License #3111936
Added: Oct 26 Changed: Nov 4 Last Checked: Nov 5 at 12:06AM
MLS# N6143959

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 24-unit apartment property is arranged across seven buildings on two parcels totaling 2.1 acres. Unit layouts include two-, three-, and four-bedroom options. The property has been adapted for H-2A agricultural workforce housing, and the buildings have undergone extensive rebuilding. Construction dates to 1970.

Located in DeSoto County, the property serves an agricultural area where growers and farm labor contractors seek H-2A housing. City water and sewer provide the site’s utility service. The combination of multifamily configuration and workforce-housing use is supported by a range of unit sizes across the seven buildings.

Key Highlights

  • 24 units across seven buildings on two parcels
  • 2.1‑acre property
  • Two-, three-, and four‑bedroom floor plans

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property is arranged for agricultural worker occupancy and has municipal water and sewer service.
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 across seven buildings on two parcels; 2.1‑acre property; Two-, three-, and four‑bedroom floor plans
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved