516 U.S. HIGHWAY 98
Lorida, FL 33857
24.17 acres | #L4949864
Description
Over 24 acres of cleared, improved pasture land with small pond, priced to sell, with 1800 feet of frontage on U.S. Highway 98! On the other side of Hwy & Only 1500 feet from upscale Estates of Sebring Lake Istokpoka/ lakefront community, 5 miles from Sebring Regional Airport/Sebring International Raceway, and less than 5 miles east of Apex Sebring Motor Garages & Townhomes. 10 minutes from U.S. 27 and Cowpokes Watering Hole, Publix and other local amenities. Tremendous potential for residential or potential commercial development, or as a retreat/homebase for race teams, groups or individuals! Upside potential for four 6+-acre Ranchette Homesites subject to approvals of course. 5-6+-acre ranchettes @ $125k ea =$500k minus List Price $330k leaves a potential upside profit of $170K less expenses.
Property Details
- Lot DescriptionBuildable, Cleared, In County, Irregular Lot, Level
- Utility FeaturesElectricity Available
- CountyHighlands
- Property TypePurchase
- Original List Price$330,000
- MLS #L4949864
- MLS #L4949864
- Cost330000
- Acres24.17
- Property SubtypeLand
- Taxes Annual$66
- Days on Market (Cumulative)4
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Eva Garcia
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Jim Pyle (#MFR262501605)
Listing Office: ADVANTAGE REALTY 1 (#MFR444700000)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.