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Highlands 33876
12909 US HIGHWAY 98
Photo of 12909 US HIGHWAY 98
Sold on Sep 17, 2026

1

Map

$165,000
● Land - Off Market

12909 US HIGHWAY 98

SEBRING, FL 33876
bedrooms
Studio
bathrooms
0 Bath
$1,041
Est. Monthly

About This Property

***PRICE REDUCED*** Excellent commercial 2.23-Acre Corner Lot on US-98. Perfect location for your future business venture. Zoned B2 by Highlands County, with NO wetlands. An adjacent 21+ acre parcel (7655 CR 17S) is also available for purchase. Just minutes from Sebring International Raceway, Hospital, shopping, and dining. Nearby Red Beach Lake and residential communities add to the appeal.
Unit Size
-
Days on Market
647 days
Land Size
2.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$103
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 9 days ago (Stellar MLS #TB8328125)

Price History

Date / Event Date Event Price
Sep 17, 2026 Sold
Premium
Sold
Apr 5, 2026 In contract -
In contract
Jan 4, 2026 Price Decreased $191,000
↓ $3K (1.6%)
Price Decreased
Oct 7, 2025 Price Decreased $194,000
↓ $4K (2%)
Price Decreased
Aug 10, 2025 Relisted $198,000
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 97,149
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: DESOTO CITY TOWN OF SEC 22
  • Land Acres: 0000002230
  • Standard Land Use Code: 7005
  • County Land Use Code: 66
  • Legal Description 1: TOWN OF DESOTO CITY LOTS 6 TO 11 INC S OF RD R/W BLK K-STILES LOT-

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 961000

Zoning

  • Zoning: B2

Geography

  • Parcel: C-22-35-29-010-00K0-0060
  • Block: K
  • Lot: 6-11
  • Meridian: SEC 22 TWN 35S RNG 29E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.4265
  • Longitude: -81.4031

    Address

  • Full Address: 12909 Us 98
  • Address - House Number: 12909
  • Address - Street Name: Us 98
  • State: FL
  • City Name: Sebring
  • Zip Code: 33876

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $542
  • Tax Rate Code Area: 40

    Market Valuation

  • Market Total Value: $898
  • Market Land Value: $898

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $390

    Sales

  • Current Sale Contract Date: Oct 25, 2022
  • Current Sale Recording Date: Oct 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2120927
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Highlands

Stats & Trends

Median Asking:

$289,995

Sale Price/ft²

$179

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1736 ft²

Average Home Age

26.3 years

Currently For Sale

489 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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STELLAR

Listed by: Jay Nair, P.A
QUICKSILVER REAL ESTATE GROUP
Last Updated: 9 days ago
Data Source: Stellar MLS, MLS# TB8328125
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 12909 U.S. 98 built and last sold?
The property at 12909 U.S. 98 was built in and last sold on Oct 25, 2022 for $352,400.
How much is this home worth?
The estimated value of the home located at 12909 U.S. 98 is $192,910.
What are some comparable homes to 12909 U.S. 98?
There are currently no comparable homes to 12909 U.S. 98.
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