1055 Lake Josephine Drive
Sebring, FL 33875
Description
Ideal 1031 Exchange Opportunity. Buy now Build later & secure an agricultural exemption. Approved & zoned 4 homes per acre. 95-acre single family residential development raw land. Includes 7 parcels, 277' frontage along highly visible US 27, 4,000' frontage along Lake Josephine Creek. No impact fees. Water & electric nearby. Nearby launch area on Lake Josephine. Property within a 2 hour radius of 86% of Florida's population. Sebring featured Spring 2025 on HGTV Hometown Takeover Season 3 & visitor traffic booming. 113 lakes, 16 golf courses, Sebring Int'l Raceway, & Sebring Regional Airport. Buyer responsible for all due diligence regarding zoning, permitting, construction, soil quality, utilities, etc., to ensure that land is suitable & buildable for buyers' needs.
Property Details
- Property SubtypeSingle Family Detached
- Original List Price$4,000,000
- Lot Features50+ Acres
- Lot Description50+ Acres
- CountyHighlands
- Property TypePurchase
- Cost3700000
- SubdivisionN/A
- Taxes Annual$29
- ZoningEU
- Waterfront1
Location
Legal
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Last Updated: . Source: BMLS
Provided By
Listing Agent: Cindy Gorsica (#0461803)
Listing Office: Compass Florida, LLC (#279622832)
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