by Global Lifestyle Properties
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Arcadia 34266
604 Madison AVENUE
$45,000
● House - Off Market

604 Madison AVENUE

ARCADIA, FL 34266
bedrooms
2 Beds
bathrooms
1 Bath
square feet
801 Ft²
$397
Est. Monthly
31.96%
Cap Rate

About This Property

SELLER FINANCING AVALIABLE! Calling all investors. Handyman Special. 2 bedroom 1 bath investment property with a metal roof. Located on a large cleared lot. Perfect rental opportunity and/or potential fix and flip investment. New impact windows partially installed
Unit Size
801 Ft²
Days on Market
32 days
Land Size
0.16 acres
Price per sqft
$75
Property Type
House
Property Taxes
$102
HOA Dues
-
Year Built
1930

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Stellar MLS #C7500249)

Price History

Date / Event Date Event Price
Dec 13, 2024 Sold
Premium
Sold
Dec 10, 2024 In contract -
In contract
Nov 11, 2024 Listed by RIGHT NOW REALTY $60,000
Listed by RIGHT NOW REALTY
Apr 29, 2022 Sold
Premium
Sold
Aug 9, 2018 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,969
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 828
  • Gross Building Area: 828
  • Building Area: 828
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 19
  • Heated Square Feet: 828
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: A S WATSONS SW ADD
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: A S WATSONS SW ADD LOT 2 BLK 15 INST:201814004511 INST:202214003478

Neighborhood

  • School District Name: DeSoto County School District
  • Census Tract: 010302

Zoning

  • Zoning: R-1C

Geography

  • Subdivision Tract Number: 0015
  • Parcel: 36-37-24-0015-0150-0020
  • Block: 15
  • Lot: 2
  • Meridian: SEC 36 TWN 37S RNG 24E
  • Municipality: CITY OF ARCADIA
  • Latitude: 27.2115
  • Longitude: -81.8707

    Address

  • Full Address: 604 Madison Ave
  • Address - House Number: 604
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Arcadia
  • Carrier Code: C003
  • 4-Digit Zip Code: 3036
  • Zip Code: 34266

Valuation

    Tax

  • Total Area: 787
  • Tax Year: 2023
  • Tax Amount: $122,328
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1291
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 85
  • Final Value: 54,563
  • High Value: 61,608
  • Low Value: 47,519

    Market Valuation

  • Market Total Value: $51,577
  • Market Land Value: $3,000
  • Market Improvement Value: $48,577

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,577
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $48,577

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3478
  • Previous Sale Recording Date: Aug 09, 2018
  • Previous Sale Contract Date: Aug 08, 2018
  • Previous Sale Amount: $18,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Arcadia

Stats & Trends

Median Asking:

$222,450

Sale Price/ft²

$153

Below Asking

0.03%

Average Days on Market

58

Average Home Size

2051 ft²

Average Home Age

66.9 years

Currently For Sale

43 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Christopher Kelly
RIGHT NOW REALTY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# C7500249
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 604 Madison Avenue built and last sold?
The property at 604 Madison Avenue was built in 1930 and last sold on Apr 20, 2022 for $40,000.
How much is this home worth?
The estimated value of the home located at 604 Madison Avenue is $0.
What are some comparable homes to 604 Madison Avenue?
There are currently no comparable homes to 604 Madison Avenue.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Arcadia East Homes for Sale
Arcadia East Houses for Sale
Arcadia East Multifamily for Sale
Arcadia East Land for Sale
Arcadia East Commercial for Sale
Arcadia East Homes with Basements
Arcadia East Homes with Pools
Arcadia East Homes with Parking
Nearby Cities
Port Charlotte Homes for Sale
North Port Homes for Sale
Punta Gorda Homes for Sale
Port LaBelle Homes for Sale
Harbour Heights Homes for Sale
Sebring Homes for Sale
Charlotte Park Homes for Sale
Cleveland Homes for Sale
Nearby Property Records
DeSoto County, FL Property Records
Hardee County, FL Property Records
Charlotte County, FL Property Records
Highlands County, FL Property Records
Sarasota County, FL Property Records
Lee County, FL Property Records
Glades County, FL Property Records
Manatee County, FL Property Records
Neighborhoods
Lakeside Plantation Real Estate
Nearby Counties
Port Charlotte Homes for Sale
Punta Gorda Homes for Sale
North Port Homes for Sale
Sebring Homes for Sale
Lake Placid Homes for Sale
Avon Park Homes for Sale
Arcadia West Homes for Sale
Southwest Glades Homes for Sale
Top Real Estate Agents
Top Agents in Arcadia East
Top Agents in Port Charlotte
Top Agents in Punta Gorda
Top Agents in Port Charlotte
Top Agents in North Port
Top Agents in North Port
Top Agents in 33950
Top Agents in 33955