Duplex at 628 E MAGNOLIA ST, ARCADIA
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20 photos

$284,930

628 E MAGNOLIA ST
ARCADIA, FL 34266
Listed by Oralia Ramirez · RMZ REALTY INC.
Bedrooms
0
Bathrooms
N/A
Living area
1,140 sqft
Year built
1946

About this home

Two homes, one price, endless possibilities! Nestled in the historic district of DeSoto County, this rare property includes not one but two charming, income-producing houses on a single lot. The main house offers 3 bedrooms and 1 bath, complete with a large, welcoming front porch perfect for enjoying the historic neighborhood, plus a detached carport. The second home is a cozy 2-bedroom, 1-bath with its own detached carport — ideal for a tenant, guests, or extended family. Both homes are currently used as income property, giving buyers true flexibility: live in one and rent the other, or keep both as rentals for maximum cash flow. This is a unique opportunity for investors or owner-occupants alike to own a piece of DeSoto County history with built-in income potential. Don't miss this one-of-a-kind offering! You'll notice road construction going on right in front of the main house — don't let that scare you off! It's wrapping up soon, and once it's done, you'll have brand-new paved roads. Don't miss this one-of-a-kind offering!

Property details

MLS
Stellar MLS
MLS #
MFRA4700298
Property type
Duplex
Subdivision
A W GILCHRIST RESUB
Status
Active
Days on market
74
On market date
July 24, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.33 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
MEMORIAL ELEMENTARY SCHOOL
0.27 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
864
Student:teacher ratio
19.2:1
District
DESOTO
Middle
DESOTO MIDDLE SCHOOL
0.77 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,035
Student:teacher ratio
19.2:1
District
DESOTO
High
DESOTO COUNTY HIGH SCHOOL
1.16 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,244
Student:teacher ratio
18.3:1
District
DESOTO

Walkability

Blended score for ARCADIA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

67
Walkable
out of 100
EPA National Walkability Index
10.7 / 20 -- Above average walkable
Google Places amenity density
88 / 100
Restaurants & cafes20
Grocery stores10
Parks9
Schools9
Transit stops1
Pharmacies1

Market position

How this listing compares to current activity in ARCADIA, from live MLS data.

On the market 74 days -- 64 fewer days than ARCADIA's current average of 138 days.
For reference, the median list price across 281 active listings in ARCADIA right now is $292,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,866/mo
$56,986 down
$227,944 loan
Principal & interest$1,478
Property tax (est.)$237
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 17 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.