SW Jernigan Street, Arcadia, FL 34266

$1,100,000

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List Price
$1,100,000
Status
ACTIVE
MLS#
2026020939
Development
Peace River Highlands
Subdivision
Peace River Highlands

Property Description

LSI Companies is pleased to present 35± acres along Kings Highway in DeSoto County. This property is currently zoned Agricultural with a future land use designation of Neighborhood Mixed Use. The property features 300± feet of frontage along Kings Highway and a 1± acre pond. This versatile property is ideal for a hobby farm or as an investment opportunity for buyers seeking future development potential in a growing area. FUTURE LAND USE: NEIGHBORHOOD MIXED-USE LAND USE MIX • Minimum 30% of the village area must be nonresidential (Industrial, Commercial, Public, or Institutional uses). • Minimum 30% of the village area must be residential uses. DENSITY & INTENSITY • Minimum density: 3.5 dwelling units per acre across the village. • Maximum Floor Area Ratio (FAR): 0.4. • All projects must include a minimum of 10% multifamily dwelling units to ensure a mix of housing types. INFRASTRUCTURE • All development must connect to DeSoto County public water and wastewater systems.

Additional Information

Taxes
$196
Community Type
None
Acres
35
View
Pond, Trees/Woods
Waterfront Description
None
Water
Well
Sewer
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of LSI Companies Inc..