1055 Lake Josephine Drive

Sebring, FL 33875

$4,000,000
Price
4,138,200 / 95
Lot Size / Acres

Description

Excellent 1031 Exchange opportunity with agricultural exemption available. Approved & zoned 95-acre single family residential development raw land, 4 homes per acre. Includes 7 parcels & 4,000' frontage along Josephine Creek, 277' frontage along highly visible US 27. Nearby launching area on lake. No impact fees. Property is within an hour radius of 86% of Florida's population close to 113 lakes, 16 golf courses, Sebring Int'l Raceway, & Sebring Regional Airport. Buyer is responsible for all due...Excellent 1031 Exchange opportunity with agricultural exemption available. Approved & zoned 95-acre single family residential development raw land, 4 homes per acre. Includes 7 parcels & 4,000' frontage along Josephine Creek, 277' frontage along highly visible US 27. Nearby launching area on lake. No impact fees. Property is within an hour radius of 86% of Florida's population close to 113 lakes, 16 golf courses, Sebring Int'l Raceway, & Sebring Regional Airport. Buyer is responsible for all due diligence regarding zoning, permitting, construction, soil quality, utilities, etc., to ensure that land is suitable & buildable for buyers' needs.

Listing Agent

  1. Cindy Gorsica

    Cindy Gorsica

    Listing Agent

    Compass

Property Details for 1055 Lake Josephine Drive

Subdivision
N/A
Waterfront
Yes

Location

Add your commute
LISTING UPDATED: 12/28/2023 04:09 PM

Property Details for 1055 Lake Josephine Drive

StatusActive
MLS #RX-10594872
Days on Market1556
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeResidential Land/Boat Docks / Single Family Detached
Year Built-
Lot Size95.00 AC
CountyHighlands County

Location

Add your commute

Virtual Tour

Building Information for 1055 Lake Josephine Drive

Building Size-Lot Size95.00 AC

Payment Calculator

$21,836 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,830

Property Taxes

$6

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1055 Lake Josephine Drive

Summary
Location and General Information
  • Development Name: N/A
  • Directions: Travel US 27 north of Lake Placid to Lake Josephine Drive & turn west. Contact agent for access.
  • Geo Area: PB07
  • Street Number: 1055
  • Subdivision Complex Bldg: N/A
  • Municipal Code: Sebring
  • State: FL
  • City Postal ID: 33875
  • MLS Area: 5940
  • MLS Sub Area: PB07
Taxes and HOA Information
  • Comm/Trans Brk: 3.00%
  • Tax Year: 2019
Property
Lot Information
  • Area: 5940
  • Comp Plan Use: Residential Protct'd, Suburban
  • Develop Status: Undeveloped
  • Front Exp: East
  • HOA Amenities: None
  • Improvements: None
  • Land Use: Single Family
  • Lot Description: 50+ Acres
  • Parcel ID: C333529a0000210000
  • Property Group ID: 19990816212131825981000000
  • REO: No
  • Roads: City/County Maint., Dirt, State Road
  • Special Assessment: No
  • Trees: Partially Treed, Sabal Palm
  • Zoning: EU
  • Front Exposure: East
Property and Assessments
  • Acres: 95.0
  • Legal Desc: E 704.42 FT M/L OF SW 1/4 OF SE 1/4 LYING S OF LAKE JOSEPHINE DR R/W PER OR 483-PG 102 + OR 643-PG 851 + R MILLER SURVEY
  • Legal Description: E 704.42 FT M/L OF SW 1/4 OF SE 1/4 LYING S OF LAKE JOSEPHINE DR R/W PER OR 483-PG 102 + OR 643-PG 851 + R MILLER SURVEY
Utilities
  • Utilities Avail: Electric, Public Water
  • Utilities On Site: Electric
Interior and Exterior Features
Exterior Features
  • Ground Cover: Brush, Other
Interior Features
  • Guest Accommodations: No

Property History for 1055 Lake Josephine Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1055 Lake Josephine Drive

Taxable ValueLand$5,000Additions-Total$5,000
Tax Record2023$67 ($6 / month)
Home Facts
Lot Size871,200 SqFtStyleVines and Bush FruitsZoningR1CountyHIGHLANDSAPNC-33-35-29-A00-0021-0000

Schools near 1055 Lake Josephine Drive

This home is within Highlands.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Cracker Trail Elementary School
PublicPK to 5

Sebring High School
PublicPK to 12

Sebring Middle School
Public6 to 8

The Academy At Youth Care Lane
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1055 Lake Josephine Drive is a 95 ac of land for sale in Sebring, FL 33875. This property was listed for sale on January 23, 2020 by Compass, it's currently listed at $4,000,000. It has been on the market for a total of 1556 days and was last sold on July 12, 2005. This listing's school district is Highlands. Nearby schools include Cracker Trail Elementary School, Sebring High School and Sebring Middle School. 1055 Lake Josephine Drive is a 0-bed, 0-bath, 95 ac of land on a 4,138,200 sq. ft. / 95 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.