1055 Lake Josephine DrSebring, FL 33875

Property Details for 1055 Lake Josephine Dr

Lot size

95.00 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 95-acre property in Sebring, Florida, presents a unique opportunity for residential development. Zoned and approved for residential use, this land allows for a density of four homes per acre. Strategically located in Highlands County, the property boasts 4,000 feet of frontage along Josephine Creek and 277 feet of highly visible frontage on US 27, bordering a nature preserve. A nearby boat launch on Lake Josephine adds to its appeal. The seven parcels comprising this land offer significant potential. The property benefits from no impact fees and an available agricultural exemption, making it an excellent 1031 exchange opportunity. Its convenient location places it within a two-hour radius of 86% of Florida's population, close to numerous amenities including 113 lakes, 16 golf courses, Sebring International Raceway, and Sebring Regional Airport. The buyer is responsible for conducting all necessary due diligence regarding zoning, permitting, construction, soil quality, and utilities to ensure suitability for their development plans. The asking price is $4,000,000, with a price per acre of $42,105. The property is owned by an LLC. Further details are available at [website address removed as per instructions].

Location Insight

City

Sebring

County

Highlands

State

Florida

Latitude

27.387

Longitude

-81.423

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