Land - Real Estate in Arcadia
Listing Price: $6,998,900 (Mortgage Calculator →)
Description of Property
REMARKABLE DEVELOPMENT OPPORTUNITY! This expansive property is zoned 5 units per acre, offering the potential for approximately 340 homesites (buyer to verify). Previously a producing citrus grove, the land features high, dry, sandy soil and is well-positioned for development. Bordering both Hull Ave SW and Prairie Road SW, this site provides excellent access to HWY 31, the Wal-Mart Distribution Center in South DeSoto County, and is just minutes from the Charlotte County line. Convenient to Punta Gorda Airport, Charlotte County Airport, Southwest Florida International Airport, and Sarasota International Airport. Nearby are the Peace River, Myakka River, and Southwest Florida’s premier Gulf beaches. Arcadia continues to experience strong growth, with recent appreciation outpacing 70% of Florida cities and towns (per local market data). An ideal opportunity for investors, developers, or 1031 exchange buyers seeking a high-potential site in a fast-growing area. Don’t miss this unique opportunity—contact us today for more information!
Property Details At A Glance
Property Type: Land
City: Arcadia
County: DeSoto
Annual Tax: $801
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Sewer: Private Sewer
Water Source: Well
Lot Information
Lot Features: Compact Soil
Lot Size (acres): 68.61
Lot Size (sq. ft.): 159,865 square feet
Current Adjacent Use: Vacant
Additional Parcels: Yes
Additional Parcels Description: 06-39-24-0000-0330-0000, 06-39-24-0000-0331 0000, 06-39-24-0000-0332-0000, 06-39-24-0000-0333-0000, 06-39-24 0000-0334-0000, 06-39-24-0000-0335-0000, 07-39-24-0000-0100-0000
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 063924000003350000
Zoning: A-10
Tax Legal Desc.: SUB OF NE1/4 OF SW1/4 LOT 10 LESS & EXCEPT: ALL THAT PART OF PLATTED RD RUNNING N & S LYG BETWEEN LOTS 1 THRU 4 & LOTS 7 THRU 10 OF SOUTH FL ORANGE GROVE CLUB SUB OF NE1/4 OF SW1/4 OF SEC 6 & ALSO: BEG AT SE COR LOT 7 OF SAID SUB FOR A POB TH S 89D59 M45S W 66.20 FT TH N 02D09M57S E 1053.48 FT TO A POINT ON THE N OF LOT 10 TH S 00D37M55S W 1052.82 FT TO POB OR 578/105
Section: 6
Range: 24
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.