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32955158
32955203

4333 Us-98 Highway, Lorida, FL 33857

YR
FL 3418359
Advantage Realty #1
Advantage Realty #1
Listed by Advantage Realty #1
$3,021,125
20 days on market
Updated 20 days ago

4333 Us-98 Highway

Details
Property Type Land
Sub Type Agricultural, Ranch
Tenancy Vacant
Acreage 242.000
Zoning AG
Investment Type Redevelopment

Land | 242 acres

Marketing description

242+-Acre Ranch Lorida Florida Beautiful green bahia pastures fenced and cross fenced with watering ponds, seasonal creek currently leased for cattle with upside potential of multiple unused access road entries could easily be divided into multiple smaller ranches. With Lake Istokopa and the 12 Hours of Sebring/NASCAR Raceway to the west only minutes away and all the growth pushing away from our coastal cities this property has tremendeous upside potential for future development! Proforma metrics: Sod operation at $1,500-$2,200 per acre/ Watermelon farm lease @$250 per acre/ Cattle lease after improving pasture into Hemarthria grass to raise cattle production to 1 cow per two acre after harvesting sod. Hold with highest possible income then when ready to take highest potential profit on sale extend the existing northerly roads into the subject property creating 5-10 acre tracts at $25,000-$30,000 oer acre(Upside Potential) doubling your money/investment!

Investment highlights

  • 242+- Acres
  • Zoned AG
  • 3704+- SF Frontage
  • Undeveloped/Vacant
  • Beautiful green bahia pastures fenced and cross fenced with watering ponds
  • Seasonal creek currently leased for cattle
  • Multiple unused access road entries could easily be divided into multiple smaller ranches
  • Lake Istokopa and the 12 Hours of Sebring/NASCAR Raceway to the west only minutes away
  • Tremendous upside potential for future development
  • Sod operation at $1,500-$2,200 per acre
  • Watermelon farm lease @$250 per acre
  • Cattle lease after improving pasture into Hemarthria grass to raise cattle production to 1 cow per two acre after harvesting sod
  • Creating 5-10 acre tracts at $25,000-$30,000 per acre (Upside Potential) doubling your money/investment

Listing Contacts

YR
FL 3418359
Advantage Realty #1
Advantage Realty #1
Listed by Advantage Realty #1

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Additional Information

Name
Yezmin Restrepo
License
3418359
Brokerage
Advantage Realty #1
Brokerage Phone
863-386-0303
Title
Realtor
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