8806 SW Start Center St - Horse Creek Retreat 16 Unit Apartment Building Offered at $2,650,000 at a 6.13% Cap Rate Arcadia, FL 34269

TURNKEY Waterfront Income Property | $237,000+/- Verifiable Gross Income | Offered at 7% 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