Skip to content

111 Jordan AvenueArcadia, FL 34266

J W WHIDDENS SUB · DeSoto County

$6,500,000List price
29,352Sq Ft
1970Year built
2.10Acre lot
6 months agoOn market

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.

Property Information

Property type
Commercial Sale
Year built
1970
Living area
29,352 Sq Ft
Lot size
2.10 acres
Ownership
Fee Simple
Zoning
R-1C
Days on market
182
MLS® Listing#
N6143959

Property Features

Appliances
Refrigerator
Cooling
Central Air
Heating
Electric
Flooring
Concrete
Parking
Common · Other
Lot features
Paved · Wooded
Construction
Block · Concrete · Stucco
Foundation
Block · Slab
Roof
Membrane · Shingle
Utilities
Electricity Available · Water Connected
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$8,883Tax year 2025
Parcel number
36-37-24-0404-00F0-0040

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).

Listing Courtesy: NEXTHOME SUNCOAST - 941-882-2229

Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. 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. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2026-04-20T00:00:00.000Z

Connect with a Local Real Estate Expert