4333 Us-98, Lorida, FL 33857

$3,021,125
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List Price
$3,021,125
Status
Active
Days on Market
320
MLS#
L4955752
Lot Size
10,528,016
Acres
241.69
Total Acreage
200 to less than 500
Legal Subdivision Name
Sebring Ranchettes Sec A 1st R
MLS Area Major
Lorida
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(407) 493-5225

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!

(407) 493-5225
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Additional Information

Taxes
$812
Community Features
No Deed Restriction
Zoning
AU
Utilities
Electricity Available
Pool
No Pool
Fences
Fenced
Flood Zone Code
A, X
Parcel ID
C-22-35-31-A00-0040-0000
Legal Description
A 82.49 ACRE TR IN THE NW COR OF SEC 22 22-35-31/4 82.49 ACRES
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Listing courtesy of ADVANTAGE REALTY 1. 863-386-1111

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