124 HEARD STREET Arcadia, FL
$ 999,500
Property Attributes
  • MLS#C7441238
  • TypeCommercial
  • CountyDESOTO
  • CityArcadia
  • AreaArcadia
  • Zip34266
  • StyleUnimproved Land
  • Price$ 999,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1600
  • Lot Size7.36 Acres
Listing Provided Courtesy Of:
Data Source:
Stellar MLS
Property Description

Multi-Family housing site in Arcadia. 7+ acre property within the City of Arcadia, the former home of the Arcadia All-Florida Championship Rodeo grounds is for sale. The Arcadia Rodeo is famous for exciting events like bull riding, barrel racing and the Quadrille, where riders perform a square-dance on horseback. In 2018 the All-Florida Championship Rodeo moved to its new home, The Mosaic Arena- a 7,000 seat state-of-the-art stadium on Roan Road. Since then, the former rodeo grounds has been leased to the DeSoto County Fair Association for events and parking. Now only remnants of the old rodeo arena, covered spectator seating, concession stands and the ticket office remain. The Directors at the Rodeo Association, a non-profit organization, believe the highest and best use of the former rodeo grounds is multi-family housing. There is a critical need for rental apartments in Arcadia, but it is nearly impossible to find a suitable location. The former rodeo grounds can be rezoned for up to 200 multi-family units, and public utilities are available. The price tag is $999,500.00 and the location has good proximity to schools, shopping a medical services. This is a great opportunity for the Rodeo Association to offer this location for needed housing which will be a benefit to the community.

Price History
4/27/2021 Listed $999,500

General Features

Additional Parcels Y/N Yes
Community Features Activity Core/Center
Construction Materials Other
Cooling A/C - Office Only
MLS Area 34266 - Arcadia
Other Structures Other
Property SubType Unimproved Land
Property Type Commercial Sale
Special Listing Conditions None
Status Active
Total Num Buildings 4
Township 37
Year Built 2007
Zoning R-1C

Interior Features

Living Area 1600.00

Exterior Features

Building Area Total 1600.00
Foundation Details Slab, Stilt/On Piling
Lot Features In City Limits, Neighbourhood, Street Paved
Lot Size Acres 7.36
Lot Size Square Feet 178596
Number of Lots 7
Road Frontage Type City Street


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 34266

AVG $540K
AVG 178
Year Built
AVG 1970

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