Commercial Sale · Multi Family (5+)
111 JORDAN AVENUE, ARCADIA, FL, 34266
Active104 days on marketListed Apr 20, 2026MLS #N6143959
About this property
The property at a glance
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.
29,352
Building sq ft
$221
Price / sq ft
2.1
Lot acres
1970
Year built
24
Units
7
Buildings
R-1C
Zoning
Multi Family (5+)
Property type
The numbers
Investment snapshot
$270,833
Price / unit
24
Units
Estimated payment (illustrative)
Estimated payment
$30,128/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Steeve to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
29,065
Population
$47,414
Median income
39.7
Median age
2.55
Avg household
$144,600
Median home value
$907/mo
Median rent
3,349
Households w/ kids
Recent sales
What actually sold near 111 JORDAN AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,100,000
101 W OAK STREET
31,080 sqft · $68/sqft · Sold Apr 1, 2025
$1,175,000
917 E OAK STREET
6,600 sqft · $178/sqft · Sold Jul 2, 2025
$675,000
2816 NW COUNTY ROAD 661
4,115 sqft · $164/sqft · Sold Jun 10, 2025
Your team
The pros in your corner
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 111 JORDAN AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 111 JORDAN AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Listing courtesy of NEXTHOME SUNCOAST · Kari Battaglia, PA. MLS #N6143959.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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