About This Home

This 0-bedroom, 0-bathroom commercial at 111 Jordan Avenue in Arcadia, FL is listed for $6,500,000 ($221 per sqft). Built in 1970, the home offers 29,352 sqft of living space on a 2.10 acres lot.

Key Features

  • Built in 1970
  • 2.10 acre lot

Property Details

1970
Listing Description

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.

Monthly Cost Estimate

$34,763/mo

20% down · 6.5% · 30 years

Principal$4,701
Interest$28,167
Insurance$1,896

Estimates only. Actual payments may vary.

Location

111 Jordan Avenue

Arcadia, FL 34266

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 111 Jordan Avenue is listed at $6,500,000 ($221/sqft). The estimated monthly payment is $34,764 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970, 2.10 acre lot.

This property is listed by Kari Battaglia and can be reached at 9414683852.

KB

Kari Battaglia

Agent at NextHome, Inc

(941) 468-3852

Listed by NextHome, Inc · Broker phone: 9418822229 · View on Broker Site

MLS# N6143959· Source: NextHome, Inc· 116 days on PropertySimple

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.

111 Jordan Avenue, Arcadia, FL 34266

Open this listing in: