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Listed by Compass Florida, LLC
$ 3,700,000
Est. payment /mo
Active
1055 Lake Josephine DR Sebring, FL 33875
UPDATED:
Key Details
Property Type Single Family Home, Vacant Land
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID RX-10594872
HOA Y/N No
Annual Tax Amount $29
Tax Year 2019
Property Sub-Type Single Family Detached
Property Description
Ideal 1031 Exchange Opportunity. Buy now Build later & secure an agricultural exemption. Approved & zoned 4 homes per acre. 95-acre single family residential development raw land. Includes 7 parcels, 277' frontage along highly visible US 27, 4,000' frontage along Lake Josephine Creek. No impact fees. Water & electric nearby. Nearby launch area on Lake Josephine. Property within a 2 hour radius of 86% of Florida's population. Sebring featured Spring 2025 on HGTV Hometown Takeover Season 3 & visitor traffic booming. 113 lakes, 16 golf courses, Sebring Int'l Raceway, & Sebring Regional Airport. Buyer responsible for all due diligence regarding zoning, permitting, construction, soil quality, utilities, etc., to ensure that land is suitable & buildable for buyers' needs.
Location
State FL
County Highlands
Area 5940
Zoning EU
Exterior
Utilities Available Electric
Exposure East
Building
Lot Description 50+ Acres
Others
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash,Conventional
Virtual Tour https://www.youtube.com/watch?v=j0UYwWwpncA&feature=youtu.be
