For Sale
$12,600,000

1028 Sugarberry TrlPlacid Lakes, FL 33852

1,135-acre Florida ranch, development potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1,135-acre Florida ranch, located in Highlands County near Lake Placid (33852), presents a unique investment opportunity. The property boasts a 3,700 square foot, four-bedroom, five-bathroom home. Infrastructure is already in place, including over one mile of paved roads and five miles of improved roads, along with drainage systems and 22 man-made ponds. The land features beautiful oak hammocks and open native range pastures complementing the Fisheating Creek ecosystem. The property's prime location and abundant wildlife make it an ideal candidate for a conservation easement, offering potential tax benefits. Furthermore, existing approvals are in place for the development of 100 residential lots, providing a versatile investment opportunity. The property is zoned for agriculture and has multiple APNs (four). The asking price is $12,600,000, translating to $11,101 per acre. This turnkey property offers a blend of recreational enjoyment and significant development potential, making it a truly remarkable offering in central Florida.

Highlights

  • $12,600,000 asking price for 1,135 acres of land.
  • Features a 3,700 SF improved home.
  • Excellent paved road access within one mile.
  • Conservation easement potential.
  • Approved for development of 100 residential lots.

Property Details for 1028 Sugarberry Trl

Property type
Land, Farms
Lot Size (sq. ft)
49,440,600 SF

Location Insight

City
Placid Lakes
County
Highlands
State
Florida
Latitude
27.3568714
Longitude
-81.5632076
1028 Sugarberry Trl, Placid Lakes, Florida

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1028 Sugarberry Trl
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