NOT LISTED FOR SALE

2038 SW Hwy 17 Arcadia, FL 34266

Estimated Value: $84,000

0.4 Acre
$210,000 Price per Acre
17,424 Sq Ft Lot

Last Sold August 29, 2023

Last sale price $35,000

Est. 140% increase in value since last sale

Current estimated payment $490/month

398 Days on Market

About This Lot

As of August 2023

INSANE CHANCE TO MAKE YOUR DREAMS OF LIVING AND WORKING ON THE SAME PROPERTY A REALITY! Take a look at this property measuring at almost half an acre! As of right now, the land is currently unimproved. Per the seller, county water and sewer are available to connect to. This property is one of 5 lots for sale for $59,000 each! Buy one or buy multiple and seller will give discounted price! Seller is even willing to build a custom "barndominium" specific to your business. Operate your business out of the ground level and walk straight up the stairs to your three bedroom, two bathroom home! Zoning for this property is CG which allows for indoor retail sales, indoor/outdoor auto and boat sales, indoor/outdoor produce sales, child care centers, animal hospitals/veterinary clinics, service clubs, retail sale of agricultural supplies, automobile service stations, restaurants, repair shops, medical offices, dental offices, financial institutions, and other professional offices! The possibilities are endless. Located on Highway 17, signage will be excellent and customers will be able to find your business easily as it is just a few minutes from the city limits of Arcadia! (Future construction will require approval from DeSoto County and will result in a higher price with builder.)

Last Agent to Sell the Property

Brandi Long

THE WILLIAMSON GROUP REALTY, I License #3347368 Listed on: 07/08/2022

Last Buyer's Agent

Brandi Long

THE WILLIAMSON GROUP REALTY, I License #3347368 Listed on: 07/08/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $172

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100x177
  • Property fronts a highway
  • Northwest Facing Home
  • Property is zoned CG

Community Details

  • Bokara Acres First Add Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 12-38-24-0061-0000-0300

Property Details

Property Type

Land

Est. Annual Taxes

$172

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.4
  • Lot Size Sq Ft: 17555
  • Directions to Property: Highway 17 South From Arcadia, property on left. See sign.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow City: Arcadia
  • Escrow Postal Code: 34266
  • Escrow State: FL
  • Escrow Street Name: West Oak Street
  • Escrow Street Number: 20
  • List Office Head Office Key Nume: 1037582
  • RATIO Current Price By Calculate: 1.99
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 2038

Exterior Features

  • Direction Faces: Northwest
  • Road Frontage Type: Divided Highway
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: None
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2013-11-06
  • Flood Zone Panel: 12027C0178C
  • Price Per Acre: 87500

Utilities

  • Utilities: Electrical Nearby, Sewer Nearby, Water Nearby
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: CG
  • Parcel Number: 12-38-24-0061-0000-0300
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: In County, Sidewalk, Paved
  • Lot Dimensions: 100x177
  • Flood Zone Code: X
  • Lot Size Square Meters: 1631
  • Current Adjacent Use: Commercial,Vacant

Tax Info

  • Tax Annual Amount: 172
  • Tax Block: 0
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2022
Sold by
Barajas and Maricela
Bought by
My General Contractor Inc
Current Estimated Value
$84,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,100
Outstanding Balance
$102,378
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 21, 2021
Sold by
Penner Roger
Bought by
Barajas Hector and Barajas Maricela

Purchase Details

Closed on
Oct 20, 2021
Sold by
Penner Roger and Penner Sheila
Bought by
Penner Roger

Purchase Details

Closed on
Oct 10, 2008
Sold by
Blackburn Edward B and Blackburn Cheryl D
Bought by
Desoto Automotive Enterprises Inc

Purchase Details

Closed on
Jul 23, 2004
Sold by
Desoto Ford Mercury Inc
Bought by
Blackburn Edward B and Blackburn Cheryl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
My General Contractor Inc $279,000 Goldman Tiseo & Sturges Pa
Barajas Hector $255,000 Arcadia Abstract & Ttl Co In
Penner Roger -- Arcadia Abstract & Ttl Co In
Desoto Automotive Enterprises Inc $149,900 Attorney
Blackburn Edward B $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open My General Contractor Inc $251,100
Previous Owner Penner Roger $104,000
Previous Owner Blackburn Edward B $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $35,000 -40.7% --
08/11/2023 08/11/23 Pending -- -- --
07/21/2023 07/21/23 Price Changed $59,000 -13.1% --
12/05/2022 12/05/22 Price Changed $67,900 -14.6% --
07/08/2022 07/08/22 For Sale $79,500 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $312 $17,555 $17,555 --
2023 $317 $17,555 $17,555 $0
2022 $165 $7,900 $7,900 $0
2021 $172 $7,900 $7,900 $0
2020 $173 $7,899 $7,899 $0
2019 $174 $7,899 $7,899 $0
2018 $175 $7,899 $0 $7,899
2017 $133 $3,159 $0 $7,899
2016 $164 $7,899 $0 $7,899
2015 $175 $7,899 $0 $7,899
2014 $163 $7,899 $0 $7,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7463445

Stellar MLS

APN: 12-38-24-0061-0000-0300