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Arcadia - Peace River Preserve

2,040 Acres of Agricultural Land Offered at $14,900,000 in Arcadia, FL 34265

Investment Highlights

  • Scenic river frontage providing natural undisturbed land.
  • Ideal for a blend of both conservation and development.
  • 2,000 feet of frontage on U.S. Highway 17.
  • 20 minutes to I-75 and 30 minutes to Punta Gorda Airport.

Executive Summary

Peace River Preserve straddles the Peace River for almost 10 miles of river frontage. Although the suggested use is a conservation/habitat preserve, the site is also well situated to support development, which may make the site ideal for a blend of both conservation and development. The property is located within minutes of Arcadia and a short drive to the Gulf coast of Florida. The property has minor improvements in the form of crude roads and is otherwise left in its natural state. The site has been vested for 892 units which is currently comprised, as shown in the FLUCFCS map [Appendix B], of improved pasture, live oak(non-hydric), river, and mixed hardwood wetland. [Appendix C] Plat. 239 acres sold June 2023 for $1,248,500.00.

Financial Summary (Actual - 2022)

Annual Annual Per AC
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $18,200 $8.92

Financial Summary (Actual - 2022)

Gross Rental Income
Annual -
Annual Per AC -
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual -
Annual Per AC -
Net Operating Income
Annual $18,200
Annual Per AC $8.92

Property Facts

Price $14,900,000
Sale Type Investment
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 2,040.00 AC

1 Lot Available

Lot numerous

Price $14,900,000
Price Per AC $7,304
Lot Size 2,040.00 AC

Peace River provides approximately 8 miles of river frontage. East side of river is approximately 660acres, west side is approximately 1380 acres. Sewer and water available on east side. Land has frontage on US 17 with access points.

Description

By virtue of approximately 8 miles of pristine, scenic river frontage this land is probably the finest recreational land in Southwest Florida! There are also opportunities for conservation easements as it is presently unencumbered. Development is also a possibility. Please see website and video for additional information. There are numerous access points on both east and west sides such as hunting, fishing, boating, canoeing, and horseback riding. Core carbon offset income is available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-38-24-0000-0020-0000
Land Assessment
$58,500 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$58,500 (2023)

zoning

Zoning Code AG (Presently zoned AG 1 unit to 5 acres.)
AG (Presently zoned AG 1 unit to 5 acres.)
  • Listing ID: 29088087

  • Date on Market: 7/24/2023

  • Last Updated:

  • Address: Arcadia, Arcadia, FL 34265

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