Date
Details
Price
Change
Source
1/10/2025
Listed
$330,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/12
$330,000 Sale Pending
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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! 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.
Full Property Details
Full Property Details for 516 U S Hwy 98
General
- Price: $330,000
- Taxes: $66 (2023)
- Status: Pending
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: L4949864
- Updated: 1/18/2025
- Added to Site: 25 day(s) ago
Location
- Area: 33857 - Lorida
- County: Highlands
- Development Name: 33857 - Lorida
- Driving Directions: From the intersection of U.S. Highway 27 and U.S. Highway 98 south of Sebring, proceed east on US 98 approximately 9.3 miles. Subject property is irregular, essentially triangular parcel on north side of highway, approximately 1500 feet east of Ashton Drive.
Community
- Community Name: 33857 - Lorida
Utilities
- Sewer: None
- Water: None
- Utility Description: Electricity Available
Structural Information
- Current Bldg. Use: Pasture
Lot Features
- Lot Size (Acres): 24.17
- Lot Size (Sq. Ft.): 1,052,845
- Lot Size: 24.17
- Lot Dimensions: 1800 x 1060 x 2050 x 160
- Frontage: Highway
- Street/Road Desc.: Asphalt, Paved
- Fencing (Description): Barbed Wire
Financial Considerations
- Price Per Acre: $13,653
- Tax Amount: $66.66
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: A 24.17 ACRE PARCEL IN NW 1/4 OF SEC 7 S OF RR/RW N US 98 AND W OF DRAINAGE ESMT PER O.R. 0911-0105 07-35-31/18 24.17 ACRES
- Flood Zone Info: X
- APN: C073531A0001800000
- Property ID: C073531A0001800000
Listed by Advantage Realty 1
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Listing agents
— 516 U S Hwy 98 —
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Schools
Schools serving 516 U S Hwy 98
School District:Highlands County School District
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
3550 Youth Care Ln, Sebring, FL 33870 | PK-5 | 10.1 mi | |
|
500 E Center Ave, Sebring, FL 33870 | 6-8 | 10.6 mi | |
|
3514 Kenilworth Blvd, Sebring, FL 33870 | 9-12 | 10.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 516 U S Hwy 98
Estimate the Cost
Estimate the Cost for 516 U S Hwy 98
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516 U.S. Highway 98, Lorida, FL 33857 (MLS# L4949864) is a Lots/Land property with a lot size of 24.17 acres. 516 U.S. Highway 98 is currently listed for $330,000 and was received on January 10, 2025. Want to learn more about 516 U.S. Highway 98? Do you have questions about finding other Lots/Land real estate for sale in Lorida? You can browse all Lorida real estate or contact a Coldwell Banker agent to request more information.