Approved & zoned 4 homes per acre. 95-acre single family residential development raw land,. Excellent 1031 Exchange opportunity with agricultural exemption available. 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 within a 2 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. Inquire for full info.
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Listing courtesy of Compass Florida, LLC. Phone: (305) 851-2820
1055 Lake Josephine Drive, Sebring, FL, 33875
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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