5871 SE Highway 31 # 12 Arcadia, FL $ 5,000,000
5871 SE Highway 31 # 12
$ 5,000,000
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5871 SE Highway 31 # 12

Arcadia, FL, 34266
$ 5,000,000
Baths0.0 Sq 94,986

Monthly Estimate*

$ 34,926

5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 1
5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 2
5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 3
5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 4
5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 5
5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 6
5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 7
5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 8
5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 9
5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 10
5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 11
5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 12
5871 SE Highway 31 # 12, Arcadia, FL 34266 - Image 13
Studio Commercial Property for sale in Arcadia, FL for $5,000,000. This 94,986 square foot building was built in 1968 on a lot size of 17.

**SELLER WILL OFFER FINANCING WITH 20% DOWN**POTENTIAL INDUSTRIAL OR HOUSING OPPORTUNITY AWAITS! Multiple buildings with dozens of individual rooms, bathrooms, office space, and cafeteria. Located in South DeSoto County directly off Hwy 31 on approximately 17 acres. This property was previously a part of the state owned juvenile justice center. ONLY 20 -30 minutes to Babcock Ranch, Ft Myers, Punta Gorda and Interstate 75.

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Commercial Active

Price

$ 5,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 63,973

Style

Hotel/Motel

Lot Size

17

Year Built

1968

Town/City

Arcadia

County/Region

DESOTO

MLS | Web ID

224012468

Features
General
HOA 0
Year Built 1968
Unit Number 12
Property SubType Hotel/Motel
Tax Year 2023
Business Type Hospitality Professional/Office
Waterfront Features None
County Desoto
Property Type Commercial Sale
Status Active
Directions From Hwy 70 turn onto Hwy 31 S. Follow for approx. 5 miles. Property on right.
City ARCADIA
Buyer Agent Compensation 2%
Land Lease Amount 0
MLS Area OA01 - Out of Area
Waterfront Y/N 0
Street Name Highway 31
Tax Annual Amount 63973
Property Condition Resale
Lease Considered Y/N 0
Days on Market 0
Standard Status Active
Property Sub Type Additional Office Special Purpose
Legal Description ALL OF SEC 34-38-25 LESS THAT PART LYG E OF HWY 31 & LESS THAT PART OF THE FOLLOWING LYING IN SEC 27-38-25: BEG SW COR OF SEC 27 TH N 00D10M56S E 914.74 FT TO POB TH 1150.59 FT TH S 89D01M47S E 2345.
Condo Fee 0
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Exterior
Lot Size Area 17
Building Area Total 94986
Lot Size Acres 17
Lot Size Units Acres
Lot Size Source Appraiser
Covered Spaces 0
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Interior
Total Stories 1
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* Excluded Features
List By
Walt Bethel

Listing Agent

Re/Max Harbor Realty

Broker

wbethel@waltbethel.com

Email

Affordability Calculator

$40,258
Per Month
87%
13%
0%
Monthly Principal & Interest
$34,926
Monthly Property Taxes
$5,331
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2024$5,000,000 Listed Price

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5871 SE Highway 31 # 12, Arcadia, FL, 34266 is a Commercial Property for sale at $5,000,000 with 94,986 sqft and a lot size of 17. 5871 SE Highway 31 # 12 is a studio with 0.0 baths and was built in 1968. The property's zip code is 34266 which is in Arcadia, FL