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24-Unit Workforce Housing Property
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 Market16

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
Listing Agency: NextHome Suncoast
Listed By: Kari Battaglia · License #BK3111936,PersonLicenseNumber
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 28 at 11:06PM
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.

Investment Insights

Based on property information with market context.

This 24-unit apartment property in Arcadia, Florida, spans 29,352 square feet across seven buildings and two parcels totaling 2.1 acres. The unit mix includes two-, three-, and four-bedroom layouts. Originally developed in 1970 as traditional apartments, the property has since been transitioned to H-2A agricultural workforce housing and extensively rebuilt.

City water and sewer serve the property, providing municipal infrastructure for the residential improvements. The asset is located in DeSoto County within an agricultural region, supporting its current workforce-housing configuration. The address is 111 Jordan Avenue, Arcadia, Florida 34266.

Key Highlights

  • 24 units across seven buildings and two parcels
  • 2.1‑acre property with 29,352 square feet of building area
  • Two-, three-, and four‑bedroom unit mix

Property Analytics

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

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 - Seven-building apartment property configured for H-2A agricultural workforce housing with city 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 and two parcels; 2.1‑acre property with 29,352 square feet of building area; Two-, three-, and four‑bedroom unit mix
More about this property
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