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Property view

516 Us-98 Highway, 
Lorida, FL 33857

$335,000


Bed


Bath


-

Sq Ft


24.17

Acres (Lot)


Land

Sold

Listed by

Gregory Karlson

Bought with Keller Williams of Highlands County

Advantage Realty #1

863-386-0303

MLS#

312037

Source:

FL HAR

Sorry, we are unable to map this address

About This Land

516 Us-98 Highway

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

24.17

MLS #:

312037

Sold:

February 28, 2025


Finances & Disclosures

Finances

Price:

$330,000

Source:FL HAR
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