Welcome to a fantastic opportunity to own a piece of prime residential land in the heart of Arcadia, where small-town feel, and convenience coexist. This remarkable property offers 5 platted lots, making it a spacious canvas for your dream home or investment venture. Classified under R-1C zoning, this land is perfect for single-family residential development, allowing you several potential opportunities. Located on a corner lot, this property provides outstanding visibility, further enhancing its versatility. Nestled within the city limits of charming and historic Arcadia, you can relish the benefits of suburban living while fully immersing yourself in the tranquility and charm of this community. Whether you're looking to build your dream home, invest in Arcadia's real estate market, or develop for resale, this property offers endless possibilities. Act quickly, as properties like this do not stay on the market for long. Contact us today to schedule a viewing and start envisioning your future on this unique parcel. *Kindly confirm your intended land use with the City of Arcadia. For inquiries regarding additional driveways along Magnolia (also known as HWY 70 E), please reach out to the Florida Department of Transportation. It's important to note that this property falls within the Arcadia Historic District, so it's advisable to review any specific requirements with the Arcadia Historic Preservation Committee.*
Property Details
Property Features
Listing Office:
Office Name: FUSSELL REALTY INC.
Listing Agent: Cody Fussell
Lot Features
Lot Information:
Lot Size: 0.82 Acres
School Info
Assigned Schools Information:
Desoto County High School, Public District Grades 9-12
Desoto Middle School, Public District Grades 6-8
Memorial Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: FROM THE CORNER OF HWY 17 NORTH AND HWY 70 EAST IN ARCADIA, HEAD EAST ON HWY 70 (AKA MAGNOLIA STREET) FOR APPROXIMATELY 750 FEET, THE PROPERTY IS ON THE RIGHT ON THE CORNER OF MAGNOLIA AND HILLSBOROUGH. (THE ENTRWAY IS LOCATED ON HILLSBOROUGH).
Price Information
Listing Price Info
Price Summary:
List Price: $150,000
Tax Information:
Annual Amount: $2,580
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Arcadia, FL.
This property is $95K less than the Median Sold Price in Arcadia, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #C7481723
Listing Office:
Office Name: FUSSELL REALTY INC.
Listing Agent: Cody Fussell
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Last updated on: 5/3/2024, 3:19:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 02, 2019
Oct 02, 2019Home Sold
$40,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,580
$105,347
2019
$2,548
$102,563
2018
$549
$56,928
2017
$554
$55,757
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Memorial Elementary School
851 E Hickory St
Distance between this listing and this school0.36 miles
Public District Grades KG-5
Middle School
2
/10
Desoto Middle School
420 E Gibson St
Distance between this listing and this school0.82 miles
Public District Grades 6-8
High School
1
/10
Desoto County High School
1710 E Gibson St
Distance between this listing and this school1.31 miles
Public District Grades 9-12
Assigned Schools
3
/10
Memorial Elementary School
851 E Hickory St
Distance between this listing and this school0.36 miles
Public District Grades KG-5
Nearby Schools
1
/10
West Elementary School
304 W Imogene St
Distance between this listing and this school0.73 miles
Public District Grades KG-5
2
/10
Nocatee Elementary School
4846 Sw Shores Ave
Distance between this listing and this school4.58 miles
Public District Grades KG-5
Assigned Schools
2
/10
Desoto Middle School
420 E Gibson St
Distance between this listing and this school0.82 miles
Public District Grades 6-8
Nearby Schools
5
/10
Woodland Middle School
2700 Panacea Blvd
Distance between this listing and this school18.28 miles
Public District Grades 6-8
5
/10
Port Charlotte Middle School
23000 Midway Blvd
Distance between this listing and this school19.93 miles
Public District Grades 6-8
Assigned Schools
1
/10
Desoto County High School
1710 E Gibson St
Distance between this listing and this school1.31 miles
Public District Grades 9-12
Nearby Schools
5
/10
Imagine School At North Port
1000 Innovation Ave
Distance between this listing and this school20.28 miles
Public Charter Grades KG-12
2
/10
Hardee Senior High School
830 Altman Rd
Distance between this listing and this school21.80 miles
The neighbors living near this home have an average income of $54,255. The most common annual income of people living in Arcadia, FL is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 314 E Magnolia St
What is the listing price of this property?
The listing price of 314 E Magnolia St property is $150,000.
What type of property is this?
The property 314 E Magnolia St is land located in Arcadia, Florida, 34266.
Is this property for sale now?
Active Listing: 314 E Magnolia St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 314 E Magnolia St are: Memorial Elementary School: GreatSchools Rating 3/10Desoto Middle School: GreatSchools Rating 2/10Desoto County High School: GreatSchools Rating 1/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,580 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 2, 2019 for $40,000. (source: MLS/tax record).
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This home is located at 314 E Magnolia St in Arcadia, FL and zip code 34266. This home sits on a 0.82 acre lot. It has been listed on Rocket Homes since October 10, 2023 and is currently priced at $150,000.
Over 3 listings were sold over their listed price in April 2024 in Arcadia, FL. In the same period over 15 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Arcadia, FL decreased by 8% between March 2024 and April 2024. In April 2024, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $245,000.
From Rocket Homes Real Estate and based on county public records data.