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Garry Poulsen

garry.poulsen@lptrealty.com +1(954) 520-1630

$2,650,000

Est. payment - /mo

23 Beds

18 Baths

14,223 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 14,223 sqft

Price per Sqft $186

Subdivision Arcadia

MLS Listing ID TB8502793

Bedrooms 23

HOA Y/N No

Year Built 1975

Annual Tax Amount $15,256

Lot Size 12.200 Acres

Acres 12.2

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

TURNKEY Waterfront Income Property | $237,000+/- Verifiable Gross Income | Offered at 7% Cap Rate | 16 Rental Income Units | 10 Buildings | 12.2 Acres | GULF ACCESS | One of the FIRST times available for private ownership purchase, previously sold by State of Florida. FULLY RENOVATED, with numerous NEWER ROOFS, NEW KITCHENS, APPLIANCES, HVACS, FLOORING, PAINT INSIDE AND OUT and more. Horse Creek Retreat is an established Airbnb business with a 4.99-star rating and 300+ reviews, providing immediate cash flow. Rare opportunity to acquire a fully operational, income-producing waterfront retreat with over 950 linear feet of Gulf access frontage on 12.2± acres. This unique property features 16 income-producing units across 10 structures, offering a diversified mix of short-term rentals, long-term tenants, and group accommodations. Improvements include a 9-unit Dormitory Building, a 7-bedroom Retreat Center ideal for large groups, Cafeteria Building, Waterfront Cottage and (3) Tiny homes, and income-producing (2) RV sites, Utility Building with Workshop, Large Pole Barn, and a Storage Building. Significant value-add potential remains, including a large waterfront cafeteria building with commercial kitchen (ideal for events or additional income) and an fully renovated owner's residence that can be rented for added revenue. AGRICULTURAL Zoning Approved Uses: Agri-tourism, Bed & Breakfast, Vet Hospital, Animal Breeding/Training, Livestock sales, Fruit/Nut Production, Egg/Milk Production, Barns, AG equipment storage, Beekeeping, Private Dock, Commercial Fisheries, Family Day Care, HORSES/ANIMALS, and more! Property features include a private BOAT RAMP, serene canal frontage, livestock pen, and fully Fenced. "Off the Grid" potential with a private commercial Wastewater System & Water Treatment Facility. Conveniently located near I-75 within 10 min and Downtown Punta Gorda while offering privacy and natural surroundings adjacent to thousands of acres of preserved land. Ideal for investors, retreat operators, or those seeking a scalable hospitality business with strong in-place income and upside potential. Don't miss this RARE opportunity - schedule your tour today!

Location

State FL

County Desoto

Community Arcadia

Area 34269 - Arcadia

Zoning A-10

Interior

Interior Features Other

Heating Central, Ductless

Cooling Central Air, Wall/Window Unit(s)

Furnishings Furnished

Fireplace false

Laundry Inside

Exterior

Exterior Feature Outbuildings, RV Hookup, Storage

Pool Above Ground

Utilities Available Private

Waterfront Description Brackish Water,Canal - Brackish,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay,River Front

View Y/N Yes

Water Access Yes

Water Access Desc Brackish Water,Canal - Brackish,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay,River

Roof Type Metal,Shingle

Garage false

Private Pool Yes

Building

Foundation Crawlspace

Lot Size Range 10 to less than 20

Sewer Private Sewer

Water Private

Structure Type Block,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8502793

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Listed by Marc Joseph MARC JOSEPH REALTY, INC

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Garry Poulsen

+1(954) 520-1630

Agent | License ID: SL3112460

Agent License ID: SL3112460

8806 SW START CENTER ST Arcadia, FL 34269

Garry Poulsen

Key Details

Location

Interior

Exterior

Building

Others

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8806 SW START CENTER ST