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Wade M. Berlin

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Tropic Shores Realty
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111 Jordan Avenue
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PRICED AT ONLY: $6,800,000

Address: 111 Jordan Avenue, ARCADIA, FL 34266

Description

Rare opportunity to acquire JB Arcadia Apartments, a specialized income producing asset in Arcadia, Florida strategically positioned for H2A agricultural worker housing in one of Floridas most active farming regions. This offering combines durable construction, operational functionality, and the potential for a much stronger income performance than traditional residential leasing. The property includes 24 units across 7 buildings on two parcels with a mix of 2 bedroom, 3 bedroom, and 4 bedroom floor plans designed to accommodate high occupancy needs that have been completely rebuilt. Ownership has recently transitioned the property toward H2A housing operations, capitalizing on strong regional demand from growers, farm labor contractors, and agricultural employers seeking compliant housing solutions. Built for durability and ease of maintenance, the improvements are designed to withstand intensive occupancy while helping reduce repair costs over time. The property also benefits from city utilities, eliminating common septic system concerns often associated with rural housing sites. Arcadia and DeSoto County remain at the center of Floridas agricultural economy, supporting year round demand drivers tied to harvesting, farming, and related industries. With limited quality inventory available for this use, properties built and configured for H2A housing are difficult to replicate. Ideal for H2A housing operators, Workforce housing investors, Agricultural housing providers, 1031 exchange investors seeking higher yield opportunities.
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  • MLS#: N6143959 ( Commercial Sale )
  • Street Address: 111 Jordan Avenue
  • Viewed: 32
  • Price: $6,800,000
  • Price sqft: $232
  • Waterfront: No
  • Year Built: 1970
  • Bldg sqft: 29352
  • Days On Market: 23
  • Acreage: 2.10 acres
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Concrete
  • Living Area: 29352.00
  • Roof: Membrane, Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: City Limits, Paved, Wooded
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Common, Ground Level, Other
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric
  • Pets Allowed: No
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Public, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Refrigerator
  • Country: US
  • 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
  • Area Major: 34266 - Arcadia
  • Parcel Number: 36-37-24-0404-00F0-0040
  • Possession: Close Of Escrow
  • Views: 32
  • Zoning Code: R-1C

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin