$3,000,000
SOLD APR 30, 2025

7500 Sparta Rd Sebring, FL 33875

166.89 Acres
$17,976 Price per Acre
7,269,728 Sq Ft Lot

Recently Sold

24% Below List Price

111 Days on Market

Highlights

  • Lake Front
  • 166.89 Acre Lot
  • No HOA

About This Lot

As of April 2025

Prime Lakefront Residential Development Potential Opportunity! 166.89± Acres on Lake Charlotte, Sebring, FL Over 600± Ft of Lakefront: Perfect for creating estate lakefront lots with breathtaking Sunset views. Equal Paved Road Frontage on Sparta Rd: Offers easy access and high visibility. Zoning: Currently zoned Agricultural (Ag), but surrounded by residentially zoned properties with water and sewer access nearby, offering immense development flexibility. Prime Location: Situated in the heart of Sebring's most valuable residential area. South: Adjacent residentially zoned property recently sold for development. North: Lake Huckleberry turnkey development site is under contract for $7.5 million. This site is ideal for estate lots or a thoughtfully planned residential community. With its central location and the growing demand for premium residential properties in the area, act quickly—this property is expected to sell fast! Potential Development Options: Buyers can explore rezoning opportunities aligned with adjacent residential properties or craft a custom development plan tailored to market need

Last Agent to Sell the Property

Gregory Karlson

ADVANTAGE REALTY 1 Brokerage Phone: 863-386-1111 License #569759 Listed on: 12/18/2024

Co-Listed By

Yezmin Restrepo

ADVANTAGE REALTY 1 Brokerage Phone: 863-386-1111 License #3418359

Last Buyer's Agent

Gregory Karlson

ADVANTAGE REALTY 1 Brokerage Phone: 863-386-1111 License #569759 Listed on: 12/18/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $471

Lot Details

  • 166.89 Acre Lot
  • Lot Dimensions are 839x3941
  • Lake Front
  • Property is zoned AU

Property Views

  • Lake Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number C-17-35-29-A00-0080-0000

Property Details

Property Type

Land

Est. Annual Taxes

$471

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 166.89
  • Lot Size Sq Ft: 7255353
  • Status: Sold
  • Co List Office Mls Id: MFR444700000
  • Co List Office Phone: 863-386-1111
  • Ownership: Other
  • Escrow State: FL
  • RATIO Current Price By Calculate: 0.41
  • Total Acreage: 100 to less than 200
  • 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

  • Water Body Name: LAKE CHARLOTTE
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: AU
  • Parcel Number: C-17-35-29-A00-0080-0000
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 839x3941
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 471.3
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Apr 30, 2025
Sold by
Sebinvt Llc
Bought by
Margie F Geddes Revocable Trust and Geddes
Seller's Agent
Gregory Karlson
ADVANTAGE REALTY 1
Buyer's Agent
Gregory Karlson
ADVANTAGE REALTY 1
List Price
$3,950,000
Sold Price
$3,000,000
Premium/Discount to List
-$950,000
-24.05%
Views
9
Current Estimated Value
$3,014,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,115

Purchase Details

Closed on
Dec 24, 2012
Sold by
Cline Gibbons D
Bought by
Sebinvt Llc

Purchase Details

Closed on
May 24, 2006
Sold by
Cline Gibbons D
Bought by
Cline Gibbons D

Purchase Details

Closed on
Nov 20, 2000
Sold by
Cline Jay D and Cline Gibbons D
Bought by
Cline Jay D and Cline Gibbons D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $3,000,000 Lp Title
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $3,000,000 -24.1% --
04/08/2025 04/08/25 Pending -- -- --
12/18/2024 12/18/24 For Sale $3,950,000 -- --
Source: Stellar MLS

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
2025 $534 $37,554 -- --
2024 $471 $36,590 -- --
2023 $471 $34,934 $0 $0
2022 $510 $36,766 $0 $0
2021 $531 $36,155 $36,155 $0
2020 $596 $39,999 $39,999 $0
2019 $598 $39,999 $39,999 $0
2018 $632 $41,687 $41,687 $0
2017 $630 $40,893 $40,893 $0
2016 $634 $40,035 $0 $0
2015 $623 $38,758 $0 $0
2014 $602 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4949481

Stellar MLS

APN: C-17-35-29-A00-0080-0000