Acreage for Sale in Peace River Highlands
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For SaleMLS# 2026020939

$1,100,000

Acreage for Sale in Peace River Highlands

SW Jernigan Street, Arcadia, FL, 34266

- beds baths sqft

About this home

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.

Property details

Type
Acreage
Year built
Not specified
Interior
Not specified
Lot size
1,524,600 sqft
Acreage
35.00 acres
Garage
None
Days on market
102
Total association fees
None
CDD
None
Est. taxes (1.4%)
$15,400/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Well
Sewer
None
New construction
No
Pets
Not specified
County
Desoto

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Market trends, Arcadia

Median list
$349,999
Median $/sqft
$214
Avg days on market
75
Active listings
3
Median sold price · Arcadia
$217,500last 12 monthsnot enough sold data to compare

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Consider
  • No garage listed
Location convenienceModerate
Hospital
12.3 mi
ShorePoint Health (Punta Gorda)
Beach
45 mi
Fort Myers Beach
Airport
12.6 mi
Punta Gorda Airport
Shopping
31.4 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.