348+ Acres with 22 Mixed-Use Buildings
5871 SE Hwy 31 Arcadia, FL 34266

348+ Acres with over 22 Mixed-Use Buildings 239,907 total sq. ft., located in South DeSoto County directly on Hwy 31. Permitted uses included, but not limited to: medical offices, a housing facility, service clubs or hotel/motel. This property was formerly a state owned juvenile justice center. The property may qualify for H2A workforce housing. A large tract of agricultural land is also included within the total acreage. 
Seller Financing May be Available!

MLS:  C7413967

 Total Acres: 348.79

List Price: $6,950,000
Business Incentives for Growth DeSoto County

Our citrus isn't the only low-hanging fruit in DeSoto County. In a state with zero personal income tax, a corporate tax rate of only 5.5% and a sales tax rate of only 6%, we're also generous with business tax credits, refunds and exemptions.

Local Incentives:
  • Rural Jobs Tax Credit: For eligible business, a $1,000 tax credit for each qualified employee, up to $500,000 in tax credits for job creation per calendar year.
  • Ad Valorem Tax Exemption: For qualifying businesses, an exemption for up to 100% of the County Ad Valorem taxation, for a period of up to 10 years.
  • Business Incentive Grant: This program can be used to provide incentives to qualified applicants for job creation, capital investment or to offset infrastructure improvement costs.
  • Rapid Expedited Development Incentive (REDI) Permitting: Reduced review and a unified permitting process get your operation rolling with ease.
  • Qualified Targeted Industry Tax Credits: Pre-approved applicants receive tax credits of up to $7,000 per net new full-time equivalent job created.
  • Sales Tax Exemption on Electricity for Manufacturing: Qualifying businesses will be granted either a 50% or a 100% exemption of the sales tax on the charges for electricity or steam used in manufacturing.
Call Walt at (863) 990-1748 or 
email me to learn more about these properties.

Walt Bethel
RE/MAX Harbor Realty
1133 Bal Harbor Blvd, Suite 1129
Punta Gorda, FL 33950