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Listing No. 22762

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For Sale

$165,000: owner financing with land contract

c. 1923 American Foursquare

1123 se 5th ave Ave SE
Arcadia, Florida

Four Square FULLERTON sears kit home, renovated with later additions doubled size!

Arcdia Fl Historic
Arcdia Fl Historic
recent renovation
Just termit tented, some flooring in addition needs replacing, addition settling need to be jacked up and new pilings, original house no termite damage, not sinking.original wavy glass windows. Queen Ann wrap around porch added! Elevation 55ft near Peace river but not in flood zone!
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Bedrooms 5
Full Baths 2
Heated Sq. Ft. 2,500
Stories 2
Acres 0.7
Property Taxes
$ 1,840
Assessed Tax Value
$ 86,000

Features.

  • 1st Floor Bath
  • 1st Floor Bedroom
  • 1st Floor Laundry Room
  • Attic
  • Crawl Space
  • Dining room
  • Entry Hall
  • Galley Kitchen
  • Library
  • Living room
  • Utility Room
  • Master bedroom downstairs
  • Master bedroom upstairs
  • Ripple Glass

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Agent Contact Information

Century 21 Aztec

Dee Porter

Phone: (941) 347-1159

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More About This House

100 y/o sears FULLERTON kit house, doubled in size, safest neighborhood in Arcadia, $60 square foot on 3/4 acre!

This is a GREAT investment, with some TCL and $10,000 easily worth $225,000. 3 years interest only payments after $50,000 down.

I need $35,000 to payoff existing mortgage, $15,000 for closing and commission.

The nearest Local cities , Punta Gorda $161 average square foot selling price, but they are already at high tide mark; and the ocean is rising!!!

The New residents from the north are buying more inland . Because Safer, smarter and much cheaper.

Beach only 45 minutes away. Were I younger I would never sell now because soon Arcadia will be double in value. ZILLOW SAYS INCREASES IN this property VALUE $1000/month! EVERY MONTH FOR LAST 4 YEARS. Positive cash flow with tenants who maintain property, never late on rent in 4 years!!!

Surrounding Area

Immediate neighbor good occupied same families for 2_3 generation honest, safe and clean but work in agriculture so average income. Sheriff reports very a call from 5th avenue. Great neighbors.

History

1920 Arcadia was end of railroad, has many sears kit houses that were only shipped by train! Arcadia is Antique city of south Florida just being discovered by northern winter tourists as best , most economical place to retire in South FL. NAPLES WEATHER AT 1/2 or less cost!!

Recent Improvements

Just tented for termites, new roof , vinyl siding , septic, and plumbing 2007.

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Listing No. 22762

Prev Next # 14 of 65

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Like This Listing?

Agent Contact Information

Century 21 Aztec

Dee Porter

Phone: (941) 347-1159

Tell 'em you saw it on OldHouses.com!

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