Movoto Real Estate
Sold on 02/28/2025

516 Us-98 Hwy, Lorida, FL 33857

  • $335,000

    Last sold 02/28/2025 after 36 Days

  • bed

  • bath

  • 24.17

    Acre ($13.8K/Acre)

Lot/Land not for sale
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About 516 Us-98 Hwy

Property type Lot/Land
Neighborhood
HOA fee $0/month
Lot size 24.17 Acre
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! 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.
Listed by
Listing Agent - Gregory Karlson
Listing Office - ADVANTAGE REALTY #1
Source: Heartland Association of REALTORS® mls logo
MLS#312037 • last updated 1 year ago
Movoto checked Heartland Association of REALTORS® for data 6 minutes ago
Overview
Virtual Tour N/A
MLS # 312037
SubType Commercial
Lot Size (Sqft) 1052845
Lot Size (Acres) 24.17
Property Tax 66.66
Interior
Exterior
Lot Features Other, SeeRemarks
Location
APN C-07-35-31-A00-0180-0000
Zoning AU
Lot/ Land Details
Current Use Unimproved
Road Surface Paved
  • Feb 2025
    mls logo MLS # 312037
  • Feb 25, 2025 Sold
    $335,000
  • Jan 23, 2025 Pending
  • Jan 23, 2025 Listed
    $330,000
  • Feb 2025
    mls logo MLS # L4949864
  • Feb 20, 2025 Sold
    $335,000
  • Jan 18, 2025 Pending
  • Jan 8, 2025 Listed
    $330,000 (+230.0%)
  • Feb 2025
    Public Records
  • Feb 14, 2025 Sold
    $335,000 (+1.5%)
  • Mar 2011
    Public Records
  • Mar 30, 2011 Sold
    $100,000
  • Year Property taxes Tax assessment
  • 2024
    $130 +94.6%
    $5,825 -1.92%
  • 2023
    $67 -19.1%
    $5,939
  • 2022
    $82 -3.7%
    $5,939 -20.98%
  • 2021
    $86 -23.5%
    $7,516
  • 2020
    $112
    $7,516
  • 516 Us-98 Hwy
    $335K
  • 560.000 - Rural Tracts In Lorida Area
  • 33857
    $360K -34% y/y
  • Lorida
    $365K -33% y/y
No chart available
Statistics calculated by Movoto

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4/10
3/10
Sebring High School
public Grades PK, 9-12
Highlands
5/10
Source: GreatSchools.org © 2026. All rights reserved.

Around 560.000 - Rural Tracts In Lorida Area

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  • Real Estate
  • FL
  • Highlands County
  • Lorida
  • 33857
  • 516 Us-98 Hwy
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