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124 Heard St Arcadia, FL 34266

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For Sale
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7.46 Acres, R-4 Zoning, High Density

Property Features for 124 Heard St

General Information

Property type
Multifamily properties
Lot Size
324,958 SF

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Listing Contact
Loyd Robbins
Loyd Robbins

Listing Agency: Loyd Robbins & Co. LLC Listing Agent: Loyd Robbins

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 7.46-acre parcel in Arcadia, Florida, presents a remarkable opportunity for residential development. Located at 124 S W Heard St, 34266, in DeSoto County, this fee-simple property boasts R-4 zoning, permitting high-density residential construction. The zoning allows for single-family, two-family, and multi-family residential uses, with the potential for up to 30 dwelling units per acre, as per the High Density Residential FLU permitting. This makes it ideal for a variety of projects, including multi-family housing or assisted living facilities (subject to special exception). The land's central location provides convenient access to major streets and community amenities. The asking price is $2,400,000, translating to a land value of $7.22 per square foot. The property includes multiple APNs: 36-37-24-0A00-0910-0000 (9444), 36-37-24-0014-00C0-0190 (8402), 36-37-24-0014-00B0-0240 (8392), 36-37-24-0014-00B0-0230 (8391), 36-37-24-0014-00B0-0210 (8390), 36-37-24-0014-00B0-0200 (8389), and 36-37-24-0014-00B0-0080 (8385). This prime location and flexible zoning create a compelling investment opportunity for developers seeking to capitalize on the high demand for residential properties in this growing area. Don't miss this chance to acquire a substantial tract of land with significant development potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

High-rise multifamily apartments

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Arcadia
County
DeSoto
State
Florida
Longitude
-81.8600871
Latitude
27.2071628

FAQs

What type of property is this?
Multifamily property - 7.46 Acres, R-4 Zoning, High Density
Where is this multifamily property located?
The property is located at 124 Heard St Arcadia, FL.
What is the asking price?
The asking price for this property is $2,400,000.
(941) 957-9300 Call to check price and availability
More about this property
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