$3,950,000
5871 Highway 31
Arcadia, FL 34266
Listing updated: April 7, 2026 at 9:38 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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. Possible Seller Financing Available! 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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1146 days on market
- Status: ActiveAug 11, 2024
- Listed$5,000,000Feb 14, 2023
- Price reduced$3,950,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 1146
- County
- Desoto
- Year built
- 1968
- Price/sq ft
- $42
- Building area
- 94,986 sq ft (Public Records)
- Lot size
- 744,839 sq ft
- Lot category
- 10 to less than 20
- Flood zone
- X
- Parcel #
- 34-38-25-0000-0010-000X
- Zoning
- PUD
- MLS #
- C7471372
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Heating & Cooling
- Cooling
- None
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Owner Financing
- Ownership
- Corporation
Exterior & Construction
- Construction materials
- Block
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Utilities
- Electrical Nearby
Listing Details
- Listing date
- 2023-02-14
- On market date
- 2023-02-14
- Original list price
- $5,000,000
- MLS area
- 34266 - Arcadia
- Listing AOR
- Port Charlotte
- Status changed
- 2024-08-11
- Tax 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 2345.71 FT TH S 11D33M02S E 361.79 FT TH S 85D03M56S E 227.61 FT TH S 00D22M09S W 301.04 FT..
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From Hwy 70, turn onto Hwy 31 S. Follow for approx. 5 miles. Property on right.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of April 7, 2026 at 9:38 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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