About This Home
This land at 4333 Us-98 Highway in Lorida, FL is listed for $3,021,125 (241.69 acres).
Key Features
- 241.69 acre lot
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!
Location
4333 Us-98 Highway
Lorida, FL 33857
Questions & Answers
This 0-bedroom, 0-bathroom land at 4333 Us-98 Highway is listed at $3,021,125. The estimated monthly payment is $16,157 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 241.69 acre lot.
This property is listed by Yezmin V. Restrepo and can be reached at 2147974439.