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111 Jordan Avenue, FL
Stellar MLS

$6.50M

111 Jordan Avenue

Arcadia, FL 34266

Listing updated: July 29, 2026 at 3:59 PM ET

Active
Stellar MLSListing courtesy of Nexthome Suncoast · Kari Battaglia, PA · MLS #N6143959 · Active · 941-882-2229
29,352
Building SF
2.1
Acres
24
Units
1970
Built
$221.45
Per SF
Multi-Family 5+2.1 acres$221.45/SF
Multi-Family 5+

Property type

1970

Year built

29,352 SF

Building size

91,350 sqft

Lot size

$221.45

Price / SF

24

Units

R-1C

Zoning

100

Days on market

About this property

A rare opportunity to acquire JB Arcadia Apartments, a 24-unit multifamily investment property located in DeSoto County, Florida, one of the state's most productive agricultural regions. Originally developed as traditional apartments, the current ownership strategically transitioned the property to H-2A agricultural workforce housing to capitalize on the area's growing demand and significantly increase income potential. This proven operational model offers investors the flexibility of an established multifamily asset with the upside of specialized workforce housing. The property consists of 24 units across seven buildings on two parcels, offering a mix of 2, 3, and 4-bedroom floor plans. The buildings have been extensively rebuilt and are designed for durability, operational efficiency, and reduced maintenance costs. Unlike many rural workforce housing properties, JB Arcadia Apartments benefits from city water and sewer, providing dependable infrastructure while eliminating the maintenance concerns associated with septic systems. Located in DeSoto County, the property serves one of Florida's most active agricultural corridors, where growers and farm labor contractors continue to seek quality H-2A housing. With limited inventory of compliant workforce housing available, this represents a compelling investment opportunity. Ideal for H-2A housing operators, Workforce housing investors, Agricultural employers, Commercial multifamily investors, 1031 Exchange buyers. Seller financing may be available to qualified buyers with acceptable terms.

Virtual tour

Facts & features

Property type
Commercial Sale
Sub type
Multi-Family 5+
Status
Active
Days on market
100
Subdivision
J W Whiddens Sub
County
Desoto
Year built
1970
Building area
29,352 sq ft
Price/sq ft
$221.45
Lot size
91,350 sq ft
Units
24
Buildings
7
Ceiling height
Varied
Electric meters
24
Water meters
24
Road frontage
City Street
Building features
Bathrooms, Dumpsters, On Site Shower, Trash Removal
Annual taxes
$9K (2025)
Parcel #
36-37-24-0404-00F0-0040
Zoning
R-1C
MLS #
N6143959

Utilities

Utilities
Electricity Available, Public, Water Connected
Water source
Public
Sewer
Public Sewer

Listing details

Listing date
2026-04-20
On market date
2026-04-20
Original list price
$6.80M
MLS area
34266 - Arcadia
Status changed
2026-04-20
Tax 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

Location

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).

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of July 29, 2026 at 3:59 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA

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