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Offered at $4,500,000Active
beds
—
baths
—
sq ft
94,986
Built
1968

5871 SE Highway 31 #12

Arcadia, FL 34266

About this home

POTENTIAL INDUSTRIAL OR HOUSING OPPORTUNITY AWAITS! Multiple buildings with dozens of individual rooms, bathrooms, office space, and cafeteria.**POSSIBLE SELLER FINANCING AVAILABLE** 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.

Listing last checked: Listing updated:

Listed by Walt Bethel · RE/MAX Harbor Realty · MLS #224012468

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Details at a glance

Building2 property facts
Style
Hotel/Motel
Year built
1968
Land & utilities1 property facts
Lot size
17 acres
Financial3 property facts
Annual taxes
$63,973
Assessment year
2023
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $4,500,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$28,086 / monthAdjust
Principal & interest
$22,754
Property tax
$5,331
Insurance
Not entered
HOA
$0

Listing annual taxes: $63,973. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 5871 SE Highway 31 #12

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Request a tour of 5871 SE Highway 31 #12 and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.