5871 SE Highway 31 #12, photo 1
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Overview

0 baMixed Use
TypeMixed Use
HOANone listed
Built1968
Lot744,839 sqft

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About this home

5871 SE Highway 31 #12 is a 1968-built home Arcadia. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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.

The essentials

Built
1968
On market
1340 days
Annual tax
$0
Flood zone
X · Low risk
Lot
744,839 sqft
Type
Mixed Use

At a glance

Payment

Est. monthly payment
$31,532/mo
Down payment (20%)
$900,000
Property taxes
$0/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Mixed Use
Year Built
1968
Lot
744,839 sqft
Cooling
None
Heating
-
Parking
-
Days on Market
1340
Flood Zone X
Annual Tax (2025)
$0
Parcel #
34-38-25-0000-0010-0000

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

County
Desoto
MLS Area
34266 - Arcadia
Lot Size
744,839 sqft

Price history

Date
Event
Price
8/28/2026
Price change
Source: Stellar MLS #C7471372
$4,500,000+13.9%
-
Price change
Source: Stellar MLS #C7471372
$3,950,000-21.0%
2/14/2023
Listed for sale
Source: Stellar MLS #C7471372
$5,000,000

Neighborhood

5871 SE Highway 31 #12
Arcadia, FL, 34266 · 34266 - Arcadia

Market insights

Offer Insights

Choose an offer strength

List price: $4,500,000
$4.28M – $4.50M
95.1% – 100% of listTops out right at the list price
80% of listList price
44 of the last 87 home closings in 34266 landed at this number or higher (51%). The median one sat 33 days before it went under contract, and this one is on day 1340 after a $500,000 cut.

Sample: 87 closed home sales in 34266 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$31,532/mo
Principal & interest$23,469
Property taxes$5,813
Insurance$2,250
Down payment20% · $900,000
Interest rate6.80%
Loan term

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Property taxes estimated at 1.55% of price a year. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$4,500,000

Time on market

1340 days

Year built

1968

Monthly payment

About $31,532/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $0 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byRE/MAX HARBOR REALTYListing agent: Walt BethelListing data from Stellar MLS, MLS# C7471372.

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