Active$4,300,000
1450 GIBSON STREET
ARCADIA, FL 34266
56 beds38 baths24,987 sqft
1 / 12
Active · Single Family
5871 HIGHWAY 31
ARCADIA, FL 34266
Beds
—
Baths
—
Area
94,986 sqft
Single FamilyBuilt 1968744,839 sqft lotNone$41.6/sqft1281 days on market
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.
Facts & features
Interior
- Living area
- 94,986 sqft
- Cooling
- None
Exterior & lot
- Lot size
- 744,839 sqft (17 ac)
- Construction
- Block
Financial
- Price / sqft
- $41.6/sqft
Utilities
- Utilities
- Electrical Nearby
Property
- Property type
- Single Family
- Year built
- 1968
- County
- DeSoto
Listing
- Status
- Active
- Days on market
- 1244 days
- MLS #
- MFR683554266
- Source
- Stellar MLS
Listed by Walt Bethel · RE/MAX HARBOR REALTY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
$3.98M
+0.8% vs asking
$3.74M low$4.22M high
Based on 17 comparable sales within 1 mile of ARCADIA, FL, this home is priced in line with RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOAEstimated monthly payment$22,936/mo
- Principal & interest
- $19,973/mo
- Property tax
- $2,963/mo
- Home insurance
- $0/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 14, 2026 | Price reduced | $3,950,000 | −$1,050,000 |
| Feb 14, 2023 | Listed | $5,000,000 | — |
NeighbourhoodSample data
Reference scores for ARCADIA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Walk Score
47/ 100
Car-dependent
Transit Score
69/ 100
Good transit
Bike Score
42/ 100
Somewhat bikeable
Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home
Location
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