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516 Us-98 Highway, Lorida, FL 33857

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For Sale
Sale Pending

$330,000

24.17 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 24.2 acres
    Lot size

Explore this Property

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.
MLS# 312037

Courtesy Of Advantage Realty

(863) 381-4932

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    24.17 Acres

Map and Directions

Directions to 516 Us-98 Highway, Lorida, FL 33857

Home seller CENTURY 21 Lake & Land Myers Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lake & Land Myers Realty

(863) 659-4777
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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