$330,000
For Sale

516 U.S. HIGHWAY 98

Lorida, FL 33857
Browse 12 photos
Type:Purchase
Structure:Land
Zone:Residential

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

Stephanie LeFew | Keys to Castles GroupReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

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.

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Loan Amount
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