5
4333 US-98
$3,021,125 Sale
Listed 9 hours ago
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Key Facts
Key facts for 4333 US-98
Property Type
Other, Agricultural
Parking
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MLS #
L4955752
Size
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Basement
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Listed on
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Lot size
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Tax
$299.84 /yr
Days on Market
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Year Built
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Maintenance Fee
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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 Hour...s 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!
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Listing courtesy of: ADVANTAGE REALTY 1, 863-386-1111

Listings courtesy of Stellar MLS as distributed by MLS GRID.