Arcadia, FL 34269

$2,125,000
23
BD
17.5
BA
12,857
SqFt

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Sold Price
$2,125,000
List Price
$2,450,000
Listing Price
$2,450,000
Closing Date
Aug 21, 2026
MLS#
2026022192
Status
CLOSED
Development
Not Applicable
Building Design
Quadruplex
County
Desoto
Region
OA01 - Out of Area
Development
Not Applicable
Subdivision
Not Applicable
Year Built
1975

Property Description

$200,000 REDUCTION! TURNKEY Waterfront Income Property | $237,000+/- Verifiable Gross Income | Offered at 9% Cap Rate | 16 Rental Income Units | 10 Buildings | 12.2 Acres | GULF ACCESS | One of the FIRST times available for private ownership purchase, previously sold by State of Florida. FULLY RENOVATED, with numerous NEWER ROOFS, NEW KITCHENS, APPLIANCES, HVACS, FLOORING, PAINT INSIDE AND OUT and more. Horse Creek Retreat is an established Airbnb business with a 4.99-star rating and 300+ reviews, providing immediate cash flow. Rare opportunity to acquire a fully operational, income-producing waterfront retreat with over 950 linear feet of Gulf access frontage on 12.2± acres. This unique property features 16 income-producing units across 10 structures, offering a diversified mix of short-term rentals, long-term tenants, and group accommodations. Improvements include a 9-unit Dormitory Building, a 7-bedroom Retreat Center ideal for large groups, Cafeteria Building, Waterfront Cottage and (3) Tiny homes, and income-producing (2) RV sites, Utility Building with Workshop, Large Pole Barn, and a Storage Building. Significant value-add potential remains, including a large waterfront cafeteria building with commercial kitchen (ideal for events or additional income) and an fully renovated owner’s residence that can be rented for added revenue. AGRICULTURAL Zoning Approved Uses: Agri-tourism, Bed & Breakfast, Vet Hospital, Animal Breeding/Training, Livestock sales, Fruit/Nut Production, Egg/Milk Production, Barns, AG equipment storage, Beekeeping, Private Dock, Commercial Fisheries, Family Day Care, HORSES/ANIMALS, and more! Property features include a private BOAT RAMP, serene canal frontage, livestock pen, and fully Fenced. "Off the Grid" potential with a private commercial Wastewater System & Water Treatment Facility. Conveniently located near I-75 within 10 min and Downtown Punta Gorda while offering privacy and natural surroundings adjacent to thousands of acres of preserved land. Ideal for investors, retreat operators, or those seeking a scalable hospitality business with strong in-place income and upside potential. Don't miss this RARE opportunity - schedule your tour today!

Additional Information

Bathrooms
17.5
Approximate Living Area
12,857
Building Description
Other
Acres
12.20
Amenities
Boat Storage, Common Laundry, Community Boat Dock, Community Boat Ramp, Community Gulf Boat Access, Fish Cleaning Station, Fishing Pier, Horses OK, Internet Access
Exterior Features
Boat Dock Private, Boat Ramp, Dock Included, Elec Avail at dock, Water Avail at Dock
Water
Softener, Well
Sewer
Private Sewer, Septic Tank
Cooling
Ceiling Fan(s), Central Electric, Window Unit(s)
Waterfront Description
Canal Front, Navigable
Boat Access
Boat Dock Private, Boat Ramp, Dock Included, Elec Avail at dock, Water Avail at Dock
Community Type
Gated, No Subdivision

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Calculator source: Real Geeks

Courtesy of Marc Joseph Realty.

Selling Office: FGC Non-MLS Office.

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