4326 NE Highway 70, Arcadia, FL, 34266 | $369,000

PRIME AND SUPER RARE PIECE OF REAL ESTATE NOW OFFERED FOR SALE! Check out this property measuring over 6 acres zoned IL (industrial light)! Located on Highway 70, great signage and exposure will equal high visibility! The property features a 48x33 steel barn with recently remodeled one bedroom, one bathroom apartment along with a garage with so much space for storage for your equipment or tools! There is also an additional 32x20 building for even more storage and a place to work! With IL zoning, the possibilities are endless! Per the land development regulations, the current zoning allows for bulk storage yards, light manufacturing/processing, medical clinic, outdoor storage yards, printing/publishing establishments, retail sale/rental or repair of automobiles/tractors/boats/other machinery, warehousing/storage establishments, construction offices, commercial radio facilities, veterinary clinic, indoor retail sales and so much more! You can even build a single family residence but it must be in the same structure that is occupied by the commercial use. This zoning doesn't come up for purchase often, so don't miss out on your chance to own this prime piece of real estate for an incredible price! Arcadia is growing exponentially! Add your business to our growing economy! Check with DeSoto County Building/Zoning to verify if zoning allows for desired use.

Features

  • Property Type: Mixed Use
  • Construction: Metal Siding
  • Utilities: Electricity Available
  • Cooling: Other
  • Lot Size: 608 x 597 x 264 x 644
  • Year Built: 2002
  • Acreage: 6.23
  • Est. Taxes: $3,448
  • MLS#: C7484915
  • Days on Market: 339 days
  • Website: https://www.raveis.com
    /prop/C7484915/4326nehighway70_arcadia_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/24/2024 10:17:11 AM)
Listing courtesy of THE WILLIAMSON GROUP REALTY, I   Phone: 863-494-9009

William Raveis Family of Services

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888.699.8876

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Our family of companies offer our clients a new level of full-service real estate. We shall:

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

4326 NE Highway 70, Arcadia, FL, 34266

$369,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $295,200 $295,200 $295,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $287 $287 $287
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,964 $1,962 $2,531
Total Monthly Payment $2,326 $2,324 $2,893

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.