516 U.S. HIGHWAY 98, LORIDA, FL, 33857
$330,000
Land
Lot Size
1,052,845 Sqft
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
Property Features Property Features
MLS ID: MFRL4949864 Year Built:
Country: US Current Use: Pasture
Fencing: Barbed Wire Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Lot Features: Buildable, Cleared, In County, Irregular Lot, Level
Property Type: Land Road Frontage Type: Highway
Road Surface Type: Asphalt, Paved Sewer: None
Showing Requirements: ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Available Water Source: None
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