$5,998,898
Property details
About this home
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!
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