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Arcadia is situated at the crossroads of US 17 and SR 70 and surrounds the beautiful Peace River. Arcadia is the county seat of rural DeSoto County. Arcadia was named by the Reverend James Madison Henry in honor of Arcadia Albritton. She baked Reverend Hendry a cake for his birthday and he liked it some much, he named the town after her. Arcadia is known for its antique dealers in downtown, the Aviation Day celebration in March, and the Watermelon Festival in May. In 2006, the Travel Channel’s show, “Cash & Treasure,” featured Kristen Gum digging in the Peace River (in Arcadia) for fossilized shark teeth.