Ne Hwy 70, Arcadia, FL 34266

$1,105,000

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List Price
$1,105,000
Status
ACTIVE
Days on Market
153
Price Change
▼ $94,000 1784765527
MLS#
O6389714
Subtype
Land
Lot Size
5,662,800
Acres
130
MLS Area Major
Arcadia

Property Description

This offering consists of approximately 130 acres, comprised of 13 contiguous 10 acre parcels. Each parcel is legally separate and is divided by a shared drainage ditch. The seller is willing to sell the property in individual 10 acre parcels, provided the sales begin with the easternmost parcel and continue in sequence from east to west. Individual 10 acre parcels are offered at $85,000 each. Please contact listing agent for the parcel availability map and additional details. The 130 acres of agricultural land are zoned A-10, featuring 1,320 feet of frontage on an asphalt road and located within the Joshua Grove Water District near Arcadia. Formerly operated as orange groves, this property is being offered strictly for land value, with no value attributed to the existing citrus trees or irrigation system currently on site. Each parcel of the property is bordered by freshwater canals utilized for drainage by the Joshua Water Management District. In addition to citrus production, the land offers a range of agricultural possibilities and may be suitable for crops, livestock, or other farming operations depending on the buyer’s intended use. Irrigation wells may potentially be installed subject to proper authorization and permit approval. Please note that this property is not zoned for residential homes, as it is located away from existing development, schools, public utilities, and major infrastructure. Buyers are strongly encouraged to contact the DeSoto County Building and Zoning Department directly to verify zoning regulations, permitted uses, and any development restrictions. All information is believed to be accurate but is not guaranteed by the owner or listing broker.

Additional Information

Financing
Cash, Conventional, USDA Loan
Location
Drainage Canal, Farm, In County, Level, Special Taxing District
Community Features
No Deed Restriction
Zoning
A-10

Listing courtesy of PINELOCH INVESTMENTS, INC. 407-850-9707

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