$330,000
516 U.S. Highway 98 Lorida, FL 33857
For Sale MLS# L4949864
24.17 Acres Lot/Land
Details for 516 U.S. Highway 98
MLS# L4949864
Description for 516 U.S. Highway 98, Lorida, FL, 33857
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.
Listing Information
Property Type: Lot/Land, Agriculture
Status: Active
Lot Size: 24.17 Acres
Current Use: Pasture
County: Highlands
Utilities
Other Utilities: Electricity Available,Sewer Not Available,Water Not Available
Exterior / Lot Features
Lot Dimensions: 1800x1060x2050x160
Fencing: Barbed Wire
Additional Exterior/Lot Features: Flat, Irregular Lot, Level, Cleared, Pasture, Buildable, Rural Lot
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.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: C-07-35-31-A00-0180-0000
Tax Amount: 66.66
Tax Year: 2023
Price Changes
| Date | Price | Change |
|---|---|---|
| 01/10/2025 02.26 PM | $330,000 |
A broker reciprocity listing courtesy: ADVANTAGE REALTY 1
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 516 U.S. Highway 98
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 516 U.S. Highway 98
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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