1020 N Arcadia AVENUE, Arcadia, FL, 34266 | $399,000

Priced to sell! Opportunity knocks; timing is everything! Discover a rare opportunity to own a beautiful corner lot home in a highly sought-after location. This property boasts lush landscaping, mature oak trees, and an oversized lot, offering a serene retreat just minutes from town. With ample space both inside and out, it's perfect for families, investors, or those seeking a peaceful getaway.
Step into the spacious great room with double French doors leading to a lanai, ideal for entertaining or relaxing. The large kitchen features an island seating 4-5 guests, plenty of storage with upper and lower cabinets, two pantries, and extra space for all your kitchen essentials. The private bedroom and bath with a separate entrance make for a great in-law suite or guest quarters. Discover this rare gem—a charming, stately four-bedroom, two-bath home located close to downtown Arcadia, where you’ll find vibrant festivals, antique shops, arts and crafts, and new restaurants. Positioned on a spacious . 66-acre corner lot with mature oak trees and beautiful landscaping, this 1989 red-brick home is built to impress. The home boasts a new metal roof (2023) and an inviting 8x29 covered front porch with cedar ceiling and trim.
Upon entry, a welcoming great room opens into a dining area and a well-appointed kitchen with an island that seats four to five guests, abundant cabinetry, and two pantries, making it perfect for extra storage. The laundry room is conveniently located off the kitchen, near the carport entrance. The north side of the home offers a bedroom and bath with a private entrance, ideal for a mother-in-law suite or guest area. Double French doors from the 24x20 great room lead to the lanai, which offers ample space for multiple sitting areas. The main suite is privately situated on the south side, with its own deck entrance and hallway access to the bathroom. Additional bedrooms on this side provide generous closet space, as do the two large closets in the hallway. This home features storage options rarely found in newer properties. Other highlights include cherry laminate flooring in the main areas, tile in the bathrooms, and carpeting in three bedrooms. A spacious storage building, city water, and well irrigation round out this fantastic property. This home offers privacy, charm, and easy access to Sarasota and beautiful beaches—truly a rare find priced to sell.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 199 x 146
  • Laundry: Inside, Washer Hookup
  • Year Built: 1989
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,226
  • Acreage: 0.67
  • Lot Size: 199 x 146
  • Est. Taxes: $1,748
  • View: Garden
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Refrigerator
  • MLS#: G5088536
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/G5088536/1020narcadiaavenue_arcadia_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 11/8/2024 5:02:07 PM)
Listing courtesy of ILLUSTRATED PROPERTIES LLC (CO   Phone: 561-626-7000

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1020 N Arcadia AVENUE, Arcadia, FL, 34266

$399,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $319,200 $319,200 $319,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.042% 6.160%
Monthly Tax Payment $146 $146 $146
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,124 $2,097 $2,692
Total Monthly Payment $2,345 $2,318 $2,913

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.