$40,000
●
Land -
For Sale
1613 Duane Palmer
Sebring, FL 33876
Studio
0 Bath
$252
Est. Monthly
About This Property
Build Your Dream Home! The Spring Lake Community is famous for it's
proximity to Sebring International Raceway and is quickly becoming
a favorite neighborhood for car and race enthusiast! This golf
course community offers golf, club house, dog park, tennis,
playgrounds, ECO park, private boat access to Lake Istokpoga and
Arbuckle Creek, is near the raceway AND local regional airport.
Hugging the Spring Lake neighborhood, development catering to the
top of the race community is underway. Come see for yourself why
people LOVE Spring Lake and make your home here today.
Approved building plans are available with the Septic Design & Permit, Boundary Surveys, Site Plan signed/sealed with approval, Addressing & 911 registration and approval, House Design & Plan set. Seller can build the model home for you!
Approved building plans are available with the Septic Design & Permit, Boundary Surveys, Site Plan signed/sealed with approval, Addressing & 911 registration and approval, House Design & Plan set. Seller can build the model home for you!
Unit Size
-
Days on Market
132 days
Land Size
0.39 acres
Price per sqft
-
Property Type
Land
Property Taxes
$55
HOA Dues
-
Year Built
-
Listed By
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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: 23 days ago (Miami MLS #A12024537)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2026 | Listed by Sebring Lakefront Properties, LLC | $40,000 | |
| Listed by Sebring Lakefront Properties, LLC | |||
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2024 | In contract | - | |
| In contract | |||
| Feb 26, 2024 | Listed by Coastal Investment Rlty Corp | $28,500 | |
| Listed by Coastal Investment Rlty Corp | |||
| | |||
|
Cleared lot in Spring Lake, a growing community with lots of new builds, golf course, Park, close to the city, shopping, and entertainment. COMMUNITY HAS A PRIVATE DOG PARK WITH WALKING TRAILS Close to Lake Istokpoga with great fishing and the Sebring Speedway, for those auto racing enthusiasts. This is a perfect lot for your new home. Highlands county has lots to offer, over 100 lakes and Highlands Hammock State Park to name a few. Less than an hour drive to Lego Land and within 1.5-2.5 hours away to Orlando, Lakeland, Ft. Myers, Punta Gorda, Sarasota and Tampa. Miami is only 2.5 hours away. Central Florida is a great place to be. Welcome to our neck of the woods. We will be glad to have you as our neighbor.
| |||
| Feb 7, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Exterior Details
Building Name: SPRING LAKE VILLAGE VII
Other Structures: None
Building Area Units: Square Feet
Lot Features: Golf Course Location, 1/4 To Less Than 1/2 Acre Lot, No Misc/Improvements
Lot Size Area: 16988.4
Lot Size Units: Square Feet
Lot Size Acres: 0.39
Lot Size Square Feet: 16988.4
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $661
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
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ft²
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HOA + Taxes
About Highlands
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Listed by: Audrey Asciutto
Sebring Lakefront Properties, LLC
Last Updated: 23 days ago
Data Source: Miami MLS, MLS# A12024537
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.
Sebring Lakefront Properties, LLC
Last Updated: 23 days ago
Data Source: Miami MLS, MLS# A12024537
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017