NOT LISTED FOR SALE

516 Us Highway 98 Lorida, FL 33857

Ridge Manor Area
24.17 Acres
-- Price per Acre
1,052,845 Sq Ft Lot

Sale Details

Date Sold: February 18, 2025

Last sale price $335,000

7 Days on Market

About This Lot

As of February 2025

Over 24 acres of cleared, improved pasture land with small pond, priced to sell, with 1800 feet of frontage on U.S. Highway 98! On the other side of Hwy & Only 1500 feet from upscale Estates of Sebring Lake Istokpoka/ lakefront community, 5 miles from Sebring Regional Airport/Sebring International Raceway, and less than 5 miles east of Apex Sebring Motor Garages & Townhomes. 10 minutes from U.S. 27 and Cowpokes Watering Hole, Publix and other local amenities. Tremendous potential for residential or potential commercial development, or as a retreat/homebase for race teams, groups or individuals! Upside potential for four 6+-acre Ranchette Homesites subject to approvals of course. 5-6+-acre ranchettes @ $125k ea =$500k minus List Price $330k leaves a potential upside profit of $170K less expenses.

Last Agent to Sell the Property

Jim Pyle

ADVANTAGE REALTY 1 Brokerage Phone: 863-386-1111 License #3558006 Listed on: 01/10/2025

Co-Listed By

Gregory Karlson

ADVANTAGE REALTY 1 Brokerage Phone: 863-386-1111 License #569759

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Property Type

  • Land

Lot Details

  • 24.17 Acre Lot
  • Lot Dimensions are 1800x1060x2050x160
  • Property fronts a highway
  • Barbed Wire
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • Property is zoned AU

Listing and Financial Details

  • Assessor Parcel Number C-07-35-31-A00-0180-0000

Property Details

Property Type

Land

Lot Details

24.17 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 24.17
  • Lot Size Sq Ft: 1052845
  • Status: Sold
  • Co List Office Mls Id: MFR444700000
  • Co List Office Phone: 863-386-1111
  • Ownership: Fee Simple
  • Escrow City: Wauchula, FL
  • Escrow State: FL
  • Escrow Street Name: 424 W Main St
  • RATIO Current Price By Calculate: 0.32
  • Total Acreage: 20 to less than 50
  • Water Access YN: 0
  • Attribution Contact: 863-386-1111
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Road Frontage Type: Highway
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electricity Available
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: AU
  • Parcel Number: C-07-35-31-A00-0180-0000
  • Additional Parcels: No
  • Current Use: Pasture
  • Fencing: Barbed Wire
  • Lot Features: Buildable, Cleared, In County, Irregular Lot, Level
  • Lot Dimensions: 1800x1060x2050x160
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 66.66
  • Tax Block: n/a
  • Tax Book Number: n/a
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/18/2025 02/18/25 Sold $335,000 +1.5% --
01/17/2025 01/17/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $330,000 -- --
Source: Stellar MLS

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jim Pyle

    ADVANTAGE REALTY 1

    (863) 297-7833

    15 Total Sales

    Jim Pyle
    Section Image

  • G

    Seller Co-Listing Agent in 2025

    Gregory Karlson

    ADVANTAGE REALTY 1

    (863) 386-1112

    215 Total Sales

    Gregory Karlson
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4949864

Stellar MLS
Florida Hernando County Lorida 33523

516 Us Highway 98, Lorida, FL

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Stellar MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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