Unimproved Land in 1055 Lake Josephine Drive, Sebring, FL 33875 for sale with MLS# R10594872

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

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1055 Lake Josephine Drive, Sebring, FL 33875

Price
Price:
$3,200,000.00
Original List Price:
$4,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$0.77
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Price Reduced
Last Major Update on:
October 24, 2025 7:57 pm
Measures
Lot Area:
4,138,200 Sqft
Lot Size Unit:
Acres
Lot Size Acres:
95
Property Features
Waterfront:
Yes
Current Use:
Single Family
Vegetation and Trees:
Partial Tree Coverage, Sabal Palm
Property Entrance Faces:
East
Road Responsibility:
Public Maintained Road
Construction
Road Frontage Type:
State Road
Possible Use:
Single Family
Taxes and Expenses
Tax Annual Amount:
$29.9
Tax Year:
2019
Utilities
Electric:
Three Phase
Utilities Available:
Electricity Available, Water Available
Water Source:
Public
Community
Subdivision Name:
N/A
Senior Community:
No
Development Name:
N/A
Development Status:
Raw Land
Terms
Documents Available:
Survey
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
C333529a0000210000
Zoning:
EU
Listing History
Active on the market since:
January 23, 2020
Listing Agreement executed on:
January 23, 2020
Price change occurred on:
October 24, 2025 7:57 pm
Listing Status Last Changed On:
January 23, 2020 9:20 pm
Photos updated on:
February 17, 2026 6:41 pm
Last Modified:
July 13, 2026 4:35 pm
Additional Information
Courtesy of:
Compass Florida, LLC
Attribution:
Not provided
Road Surface Type:
Dirt
Location
Street Name:
Lake Josephine
Street Number:
1055
City:
Sebring
State:
Florida
Zip Code:
33875
County:
Highlands
Latitude:
N27° 23' 7.5''
Longitude:
W82° 34' 36.5''
Street Suffix:
Drive
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $76,990
Median Home Value $216,500
Median Rent $1,130/mo
Median Age 49
Population 11,429

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This listing can also be located in the MLS system as RX-10594872
Association of REALTORS®
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