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$3,021,125

0 Beds 0 Baths 0 SQFT 241.69 Acres
Type: Land

4333 US-98
LORIDA, FL 33857

MLS#: L4955752
Brandon Capelle
Brandon Capelle
The Real Estate Advantage
Agent
Phone: 612.720.0924
Office: 952.226.7700
Presented by: ADVANTAGE REALTY 1 with 863-386-1111. - 863-386-1111

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!


 

Interior Features

Bathrooms

Total Baths0

General

Additional Parcels DescriptionC-15-35-31-A00-0020-0000, C-21-35-31-A00-0040-0000, C-16-35-31-A00-0040-0000
Additional Parcels Y/NYes
Building Area Units0 sqft
CityLORIDA
CountyHighlands
Current UseAgricultural
DirectionsFrom Hammock and US27 S, head South toward US-27 S/US-98 S, Turn left onto US-98 S, subject property will be on the right.
Flood Zone CodeA, X
Flood Zone Code XY
Legal DescriptionA 82.49 ACRE TR IN THE NW COR OF SEC 22 22-35-31/4 82.49 ACRES
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet10,528,016 sqft
Lot Size UnitsAcres
MLS Area33857 - Lorida
OwnershipFee Simple
PossessionClose Of Escrow
Property TypeLand
SewerNone
Standard StatusActive
StatusActive
Subdivision NameSEBRING RANCHETTES SEC A 1ST R
Tax Annual Amount$812
Tax Year2025
UtilitiesElectricity Available
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
ZoningAU

Exterior

FencingFenced
Lot Dimensions3697 x 2123 x 1687 x 583 x 2043 x 2565
Lot Size Acres241.69
Lot Size Area241 sqft
Number of Lots4
Road Frontage TypeHighway
Road Surface TypePaved
Water SourceWell
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$3,021,125

0 Beds 0 Baths 0 SQFT 241.69 Acres
Type: Land

4333 US-98
LORIDA, FL 33857

MLS#: L4955752
Brandon Capelle
Brandon Capelle
The Real Estate Advantage
Agent
Phone: 612.720.0924
Office: 952.226.7700