5
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Listed by ADVANTAGE REALTY 1
$3,021,125
Est. payment /mo
241.69 Acres Lot
New
4333 US-98 Lorida, FL 33857
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Key Details
Property Type Vacant Land
Sub Type Agricultural
Listing Status Active
Purchase Type For Sale
Subdivision Sebring Ranchettes Sec A 1St R
MLS Listing ID L4955752
HOA Y/N No
Annual Tax Amount $299
Lot Size 241.690 Acres
Acres 241.69
Lot Dimensions 3697x2123x1687x583x2043x2565
Property Sub-Type Agricultural
Source Stellar MLS
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
Community Sebring Ranchettes Sec A 1St R
Area 33857 - Lorida
Zoning AU
Exterior
Fence Fenced
Utilities Available Electricity Available
Building
Lot Size Range 200 to less than 500
Sewer None
Water Well
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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