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Listed by Yezmin V. Restrepo • ADVANTAGE REALTY #1
$3,021,125
Est. payment /mo
241.69 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 317291
HOA Y/N No
Annual Tax Amount $812
Tax Year 2025
Lot Size 241.690 Acres
Acres 241.69
Property Sub-Type Acreage
Property Description
242+-Acre Ranch Lorida Florida Beautiful green bahia pastures fenced and cross fenced with watering ponds, seasonal creek currently leased for cattle with upside potential of multiple unused access road entries could easily be divided into multiple smaller ranches. With Lake Istokopa and the 12 Hours of Sebring/NASCAR Raceway to the west only minutes away and all the growth pushing away from our coastal cities this property has tremendeous upside potential for future development! Proforma metrics: Sod operation at $1,500-$2,200 per acre/ Watermelon farm lease @$250 per acre/ Cattle lease after improving pasture into Hemarthria grass to raise cattle production to 1 cow per two acre after harvesting sod. Hold with highest possible income then when ready to take highest potential profit on sale extend the existing northerly roads into the subject property creating 5-10 acre tracts at $25,000-$30,000 oer acre(Upside Potential) doubling your money/investment!
Location
State FL
County Highlands
Area 560.000
Interior
Fireplace No
Exterior
Utilities Available Electricity Available
Present Use Vacant
Building
Lot Description Farm, Pasture, Rural Lot, Acreage
Others
Tax ID C-22-35-31-A00-0040-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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