4 years on rocket

1055 Lake Josephine Dr, Sebring, FL, 33875

$4,000,000

95.00 Acres
Land
Schools Nearby

Location

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Property Highlights

MLS #RX-10594872
Lot Size95.00 Acres
StatusActive

About 1055 Lake Josephine Dr

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.

Property Details

Property Features

Listing Office:

  • Office Name: Compass Florida, LLC
  • Listing Agent: Cindy Gorsica

Virtual/3D Tour

  • Virtual Tour: 1055 Lake Josephine Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 95.00 Acres

School Info

Assigned Schools Information:

  • Sebring High School, Public District Grades 9-12
  • Sebring Middle School, Public District Grades 6-8
  • Cracker Trail Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Travel US 27 north of Lake Placid to Lake Josephine Drive & turn west. Contact agent for access.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,000,000

Tax Information:

  • Annual Amount: $2,408
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sebring, FL.

Med. Sold Price

$280.6K

Med. Price/SqFt

$171

Avg. Days On Market

28

# of Sold Homes

27

1055 Lake Josephine Dr vs Sebring

1566 DAYS ON ROCKET

+1538 Days

$4,000,000

+$3.7M More

KEY TAKEAWAY

This property is $3.7M more than the Median Sold Price in Sebring, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10594872

Listing Office:

  • Office Name: Compass Florida, LLC
  • Listing Agent: Cindy Gorsica

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 6:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 12, 2005Home Sold
$400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,408$160,000
2019$29$2,000
2017$28$1,800

History based on county public records data.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7721580
6
/10
  • Cracker Trail Elementary School

  • 8200 Sparta Rd

  • 2.92 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7721581
3
/10
  • Sebring Middle School

  • 500 E Center Ave

  • 7.69 miles

  • Public District Grades 6-8

High School

school-card-donut-7721582
3
/10
  • Sebring High School

  • 3514 Kenilworth Blvd

  • 6.96 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,246. The most common annual income of people living in Sebring, FL is less than $35k. Most families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1055 Lake Josephine Dr

What is the listing price of this property?

The listing price of 1055 Lake Josephine Dr property is $4,000,000.

What type of property is this?

The property 1055 Lake Josephine Dr is land located in Sebring, Florida, 33875.

Is this property for sale now?

Active Listing: 1055 Lake Josephine Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1055 Lake Josephine Dr are:
Cracker Trail Elementary School: GreatSchools Rating 6/10
Sebring Middle School: GreatSchools Rating 3/10
Sebring High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,408 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 12, 2005 for $400,000. (source: MLS/tax record).

How much acreage is this property?

The property 1055 Lake Josephine Dr is 95.00 acres.
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Rocket HomesFloridaHighlands CountySebring338751055 Lake Josephine Dr

This home is located at 1055 Lake Josephine Dr in Sebring, FL and zip code 33875. This home sits on a 95.00 acre lot. It has been listed on Rocket Homes since January 23, 2020 and is currently priced at $4,000,000.

Sebring, FL housing market in April 2024 saw over 5 listings sold above listed price, more than 10 sold at listed price and over 12 sold below. Between March 2024 and April 2024, Sebring, FL real estate market has seen increase in the number of listings by 13.2%. While the average time on the market in April 2024 was 28 days, the median list price was $280,666.

From Rocket Homes Real Estate and based on county public records data.

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