Well-positioned Commercial Property Desoto County Florida. This 2.93-acre Commercial General zoned property is located along Hwy 17 and consists of two buildings totaling approximately 7,034 square feet combined. This flexible offering provides strong visibility and is suitable for a range of commercial uses. Both buildings feature restrooms, new roofs installed in 2023, and are connected by sidewalks. The main building includes handicap-accessible ramps. Currently used for religious purposes, the property is well suited for conversion to retail, office, or educational use. Conveniently located just minutes from Arcadia and approximately 20 minutes to I-75 or Punta Gorda, with easy access to Hwy 31 and Kings Highway.
5241 SW HIGHWAY 17, Arcadia, FL, 34266
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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