Bought with Matthew Nelson • Keller Williams of Highlands County
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Key Details
Sold Price $335,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 312037
Sold Date 02/28/25
HOA Y/N No
Annual Tax Amount $66
Tax Year 2023
Lot Size 24.170 Acres
Acres 24.17
Property Sub-Type Commercial
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! Proforma 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 560.000
Interior
Fireplace No
Exterior
Utilities Available See Remarks
Present Use Unimproved
Building
Lot Description Other, See Remarks
Others
Tax ID C-07-35-31-A00-0180-0000
Financing Graduated Payment Mortgage
Special Listing Condition None
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