Lorida, FL 33857,516 U.S. HIGHWAY 98

$335,000

Est. payment /mo

$330,000

1.5%
Est.Price: ?

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516 U.S. HIGHWAY 98 Lorida, FL 33857

24.17 Acres Lot

SOLD DATE : 02/18/2025

Key Details

Sold Price $335,000

Property Type Vacant Land

Sub Type Pasture

Listing Status Sold

Purchase Type For Sale

MLS Listing ID L4949864

Annual Tax Amount $66

Lot Size 24.170 Acres

Property Sub-Type Pasture

Property 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.

Location

State FL

County Highlands

Area 33857 - Lorida

Zoning AU

Exterior

Fence Barbed Wire

Utilities Available Electricity Available

Building

Lot Description Buildable, Cleared, In County, Irregular Lot, Level

Sewer None

Water None

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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St. Augustine ONE Sotheby's International Realty

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Stellar MLS
Listed by ADVANTAGE REALTY 1
Bought with STELLAR NON-MEMBER OFFICE
agent

St. Augustine ONE Sotheby's International Realty

+1(904) 829-2002

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