129 S MILLS AVENUE, ARCADIA, FL, 34266
Active3 days on marketListed Jul 25, 2026MLS #C7528740
About this home
129 S MILLS AVENUE
Investor opportunity in the city limits of Arcadia! This 1950s 3-bedroom, 2-bath home is situated on a spacious double lot and offers multiple possibilities for renovation, rental income, resale, or future redevelopment. The property features original hardwood flooring, a separate dining room, a spacious living room with a fireplace, and a screened front porch that reflects the home’s historic character. The fenced backyard provides additional room for parking, outdoor living, storage, or a future pool and includes a barn/workshop, storage shed, mature landscaping, and producing mango and plum trees. The home is connected to public utilities, while an existing well may be used for irrigation. Subject to zoning, permitting, and governmental approval, there may be potential to divide the property or construct additional residences. Buyers should independently verify all development possibilities with the City of Arcadia. Conveniently located near schools, parks, shopping, restaurants, and historic Downtown Arcadia. The property needs repairs and updating but offers considerable potential for an investor or buyer ready to restore and improve it. Sold as-is with the right to inspect. Motivated seller will consider all offers.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,560
Sqft
0.34 ac
Lot size
1950
Year built
One
Levels
$128
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,520 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,520/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−24.9%
$/sqft vs Arcadia actives
$128 vs $239
Days on market
3 vs 35 typical
Where $128/sqft sits among the 123 Arcadia actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Arcadia
Get to know Arcadia. See the full Arcadia guide →
ARCADIA 34266 — neighborhood snapshot
Population
29,065
Median age
39.7
Median income
$47,414
Median home value
$144,600
Avg household
2.55
Households w/ children
3,349
For the school run
DeSoto County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Arcadia market
$280K → $260K
Arcadia median sold, yr/yr
94.4%
Sale-to-list ratio (12 mo)
53 of 123
Arcadia actives have cut their price
Median sold price, Arcadia, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 29% below the ARCADIA 34266 median. See the full Arcadia market guide →
Paper trail
This home's history
Reality check
What actually sold near 129 S MILLS AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$275,000
126 S ROBERT AVENUE · same community
3 bd · 2 ba · 1,936 sqft · $142/sqft · 7 DOM
Sold · Dec ’25$175,000
822 E MAGNOLIA STREET · same community
3 bd · 1 ba · 1,024 sqft · $171/sqft · 36 DOM
Sold · Dec ’25$198,000
129 S LUTHER AVENUE · same community
2 bd · 1 ba · 824 sqft · $240/sqft · 23 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 129 S MILLS AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 129 S MILLS AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
129 S MILLS AVENUE FAQs
What would the monthly payment be for 129 S MILLS AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,520/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 129 S MILLS AVENUE?+
The most recent tax bill on record (2025) was $1,211. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Arcadia?+
At $199,000, this home is listed about 45% below the Arcadia median of $365,000. The market section on this page shows how the area is trending.
Which schools are assigned to 129 S MILLS AVENUE?+
West Elementary School (elementary) — DeSoto County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of CENTURY 21 SUNBELT REALTY · Thomas Sons. MLS #C7528740.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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