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Pinnacle Real Estate Group – FL

1055 Lake Josephine Drive, Sebring, FL 33875 (MLS# R10594872)

1055 Lake Josephine Drive, Sebring, FL 33875

$3,200,000
Property Type: Land & Docks Lot Size (sq. ft.): 4,138,200 Status: Active
Current Price: $3,200,000 List Date: 1/23/2020 Last Modified: 9/14/2026

Overview

Description

Ideal for 1031 Exchange Buy now Build later Benefit immediately & secure an agricultural exemption. Approved & zoned 4 homes per acre 95-acre single family residential includes 7 parcels, 277' frontage along highly visible US 27, 4,000' frontage along Lake Josephine Creek. $33,684 Acre, $8,421 Unit. No impact fees. Water & electric nearby. Nearby launch area on Lake Josephine. Property within 2 hr radius of 86% of Florida's population. Sebring featured Spring 2025 on HGTV Hometown Takeover .Locally 113 lakes, 16 golf courses, Sebring Int'l Raceway, & Sebring Regional Airport. Buyer responsible for all due diligence regarding zoning, permitting, construction, soil quality, utilities, etc., to ensure that land is suitable & buildable for buyers' needs

Listing Details MLS# R10594872

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
95
Lot Size Square Feet
4138200
Waterfront YN
Yes
Frontage Length
4,000
Direction Faces
East
LP/SqFt
0.77

Property Features

Comprehensive Plan Use: Resource Protected; Suburban Current Use: Single Family Development Status: Raw Land Documents Available: Survey Electric: Three Phase Location of Property: City Location Possession: Close Of Escrow; Negotiable Possible Use: Single Family Trees: Partial Tree Coverage; Sabal Palm Utilities: Electricity Available; Water Available Vegetation: Brush; Other Listing Terms: Cash; Conventional Road Frontage Type: State Road Road Responsibility: Public Maintained Road Road Surface Type: Dirt Water Source: Public Showing Requirements: Call Listing Agent; Sign On Property Acreage Description: 10 Or More Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
4000000
Negotiable Seller Concessions YN
No
LP/Acre
33684.21

Location and Legal

Country
United States
County Or Parish
Highlands
County Parish Name
Highlands
Street Number
1055
Street Name
Lake Josephine
Street Suffix
Drive
City Name
Sebring
State Or Province
FL
Postal Code
33875
Postal Zip
33875
Subdivision Name
N/A
Development Name
N/A
Area
5940 - Other Florida County
Parcel Number
C333529a0000210000
Zoning
EU
Directions
Travel US 27 north of Lake Placid to Lake Josephine Drive & turn west. Call for access.

Financial Information

Tax Year
2019
Tax Annual Amount
29.9
Tax Legal Description
E 704.42 FT M/L OF SW 1/4 OF SE 1/4 LYING S OF LAKE JOSEPHINE DR R/W PER OR 483-PG 102 + OR 643-PG 851 + R MILLER SURVE

Status Change Information

Major Change Timestamp
2025-10-24T19:57:24Z
Major Change Type
Price Reduced
Price Change Timestamp
2025-10-24T19:57:24Z
Status Change Date
2020-01-23

More Information

Short Sale Details

Short Sale Addendum
No

Originating Details

Originating System Key
20200123202044166992000000
Originating System ID
M00000170
IDX
Listing Office: Compass Florida, LLC
Source MLS Verified
Last Updated: September - 14 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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