INNOVATE Real Estate
Mixed Use at 5871 SE HIGHWAY 31 #12, ARCADIA
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12 photos

$4,500,000

5871 SE HIGHWAY 31 #12
ARCADIA, FL 34266
Listed by Walt Bethel · RE/MAX HARBOR REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1968

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.

Property details

MLS
Stellar MLS
MLS #
MFRC7471372
Property type
Mixed Use
Subdivision
N/A
Status
Active
Days on market
1289
On market date
February 14, 2023
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
17 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
NOCATEE ELEMENTARY SCHOOL
5.31 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
482
Student:teacher ratio
15.1:1
District
DESOTO
Middle
DESOTO MIDDLE SCHOOL
6.81 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,035
Student:teacher ratio
19.2:1
District
DESOTO
High
DESOTO COUNTY HIGH SCHOOL
6.55 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,244
Student:teacher ratio
18.3:1
District
DESOTO

Walkability

Blended score for ARCADIA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

12
Very car-dependent
out of 100
EPA National Walkability Index
4.0 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in ARCADIA, from live MLS data.

On the market 1289 days -- 1152 more days than ARCADIA's current average of 137 days.
For reference, the median list price across 281 active listings in ARCADIA right now is $284,930.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$27,250/mo
$900,000 down
$3,600,000 loan
Principal & interest$23,350
Property tax (est.)$3,750
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 28, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.