Property summary
Arcadia Cove, a 51-unit apartment community in Arcadia, Florida, presents a compelling investment opportunity. This stabilized multifamily property boasts 31,564 square feet of net rentable space across eight single-story buildings situated on a 3.13-acre lot. Built in 1984 and extensively renovated within the last four years, the property features a mix of studio, one-bedroom, and two-bedroom units, averaging 250, 600, 716, and 850 square feet respectively. All interiors have been updated… with consistent vinyl flooring, paint, countertops, appliances, and cabinets. Exterior improvements include new roofs, a recoated parking lot, and fresh exterior paint. The property currently enjoys a 97% occupancy rate, generating a Net Operating Income (NOI) of $333,239, with a pro-forma NOI of $392,926. The asking price is $5,000,000, representing a price per unit of $98,039.22 and a price per square foot of $158.41. The current cap rate is 6.66%, with a pro-forma cap rate of 7.86%. The property is zoned R-4 and benefits from its location near DeSoto Memorial Hospital, downtown Arcadia, and the Peace River, offering residents convenient access to employment, healthcare, and recreation. An assumable loan with a $2,475,000 balance and a 4.12% interest rate (amortized over 30 years with 6 years remaining) is available. The property's strong historical occupancy and the projected income growth within a 5-mile radius make it an attractive investment. The APN is 31-37-25-0016-8010-0020.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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