NOT LISTED FOR SALE

2337 Arbuckle Creek Rd Sebring, FL 33870

Estimated Value: $273,000 - $286,000

2.68 Acres
$104,721 Price per Acre
116,741 Sq Ft Lot

Last Sold July 12, 2024

Last sale price $285,000

Est. 2% decrease in value since last sale

Current estimated payment $1,777/month

49 Days on Market

About This Lot

As of July 2024

Discover an unparalleled investment opportunity with this prime 2.66-acre lakefront property on Dinner Lake, located within the city limits of Sebring. Zoned R3 Multi-Unit, this expansive parcel offers versatile development potential, making it an ideal choice for discerning investors and developers.
Nestled on the serene shores of Dinner Lake, providing stunning waterfront views and direct lake access.
Zoning is R3 Multi-Unit, offering significant flexibility for residential development.
Development Potential: Previously approved for three townhouses with a total of 32 units, this property can accommodate approximately 10 units per square acre, aligning perfectly with high-density residential projects.
2.66 acres, offering ample space for a substantial multi-unit residential development. Modular Can be placed on this property but not mobile homes.
Utilities: Within the city limits of Sebring, ensuring easy access to city utilities and services.
Accessibility: Conveniently located near major roadways, schools, shopping centers, and recreational facilities, enhancing the appeal for future residents. Sebring is a growing community with a steady demand for quality housing, making this property a lucrative investment.The lakefront setting is a significant attraction, providing a unique selling point for future developments.
Approved Plans: With prior approval for a 32-unit townhouse project, much of the preliminary planning and groundwork has been laid, streamlining the development process.
Growth Potential: Sebring's ongoing development and expansion promise substantial appreciation and a solid return on investment.
This 2.66-acre lakefront property is a rare find, offering the perfect blend of natural beauty, strategic location, and development potential. Whether you’re looking to create a luxurious residential enclave or a high-density townhouse community, this Dinner Lake parcel is poised to deliver outstanding value and exceptional investment returns. Don’t miss this chance to make a significant impact in Sebring’s real estate market. Contact us today to explore this outstanding opportunity.

Last Agent to Sell the Property

Drew Bishop

Keller Williams Realty Fort Myers and the Islands License #3346767 Listed on: 05/23/2024

Keller Williams Realty Fort Myers and the Islands

Last Buyer's Agent

Kyler Eldridge

Paradise Real Estate International LLC License #3569212

Paradise Real Estate International LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,974

Lot Details

  • 2.68 Acre Lot
  • Wooded Lot
  • Zoning described as R3

Location

  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number S-17-34-29-020-0000-1060

Property Details

Property Type

Land

Est. Annual Taxes

$2,974

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Land
  • Lot Size Acres: 2.68
  • Road Surface Type: Paved
  • Water Body Name: Dinner Lake
  • Directions: North on Ridgewood Dr TR onto SR 17 Then TR onto Arbuckle Creek Rd.
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot, Public Road, Wooded

Utilities

  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 116992.0
  • Additional Parcels Description: ,,
  • Parcel #: S-17-34-29-020-0000-1060
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2974.37
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 12, 2024
Sold by
Wohl Thomas J and Wohl Carly E
Bought by
Raymond J Hornick Revocable Trust and Hornick
Seller's Agent
Drew Bishop
Keller Williams Realty Fort Myers and the Islands
Buyer's Agent
Kyler Eldridge
Paradise Real Estate International LLC
List Price
$360,000
Sold Price
$285,000
Premium/Discount to List
-$75,000
-20.83%
Views
4
Current Estimated Value
$280,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,348
Avg. Annual Appreciation
-2.34%

Purchase Details

Closed on
Aug 3, 2023
Sold by
Jbrm Llc
Bought by
Wohl Thomas J and Wohl Carly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 2006
Sold by
Raupach Charles P and Raupach Beverly L
Bought by
Jbrm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2000
Sold by
Cummings Grove Corp
Bought by
Raupach Charles P and Raupach Beverly L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Raymond J Hornick Revocable Trust $285,000 None Listed On Document
Wohl Thomas J $240,000 None Listed On Document
Jbrm Llc $430,000 Exact Title Services Llc
Raupach Charles P $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wohl Thomas J $120,000
Previous Owner Jbrm Llc $25,000
Previous Owner Jbrm Llc $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $285,000 -20.8% --
05/23/2024 05/23/24 For Sale $360,000 -- --
Source: Heartland Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,974 $193,159 $193,159 --
2023 $2,974 $149,188 $149,188 $0
2022 $2,955 $149,188 $149,188 $0
2021 $3,066 $149,188 $149,188 $0
2020 $3,022 $149,188 $0 $0
2019 $3,031 $149,188 $0 $0
2018 $3,062 $149,188 $0 $0
2017 $3,097 $149,188 $0 $0
2016 $3,087 $149,188 $0 $0
2015 $3,122 $149,188 $0 $0
2014 $3,730 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Drew Bishop

    Seller's Agent in 2024

    Drew Bishop

    Keller Williams Realty Fort Myers and the Islands

    (863) 451-5568

    124 Total Sales

    Drew Bishop
    Section Image

  • K

    Buyer's Agent in 2024

    Kyler Eldridge

    Paradise Real Estate International LLC

    51 Total Sales

    Kyler Eldridge
    Section Image
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Map

Source: Heartland Association of REALTORS®

MLS Number: 305457

Heartland Association of REALTORS®

APN: S-17-34-29-020-0000-1060

Florida Highlands County Sebring 33870

2337 Arbuckle Creek Rd, Sebring, FL

This home is located at 2337 Arbuckle Creek Rd, Sebring, FL 33870 since 23 May 2024 and is currently estimated at $280,652. 2337 Arbuckle Creek Rd is a home located in Highlands County with nearby schools including Woodlawn Elementary School, Sebring High School, and Hill-Gustat Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Heartland Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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