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Highlands 33876
222 SPRING LAKE BOULEVARD
$23,000
● Land - Off Market

222 SPRING LAKE BOULEVARD

SEBRING, FL 33876
bedrooms
Studio
bathrooms
0 Bath
$205
Est. Monthly
$4
HOA / Fees

About This Property

Residential Lot in Spring Lake Neighborhood, Sebring, FL This 0.28-acre lot (120' x 185') is ideally located in the

established Spring Lake neighborhood, nearby power and central water available. A short distance from Spring Lake Golf

Course, the lot offers quick access to public golf, tennis, pickleball courts, walking trails, and parks. Close to Lake

Istokpoga, a 27,000-acre freshwater lake, it's perfect for outdoor recreation. With minimal clearing needed, the lot is

ready for rapid development-ideal for building your dream home or next project in a vibrant, friendly community.
Unit Size
-
Days on Market
60 days
Land Size
0.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
$68
HOA Dues
$4
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: 2 years ago (Stellar MLS #L4954775)

Price History

Date / Event Date Event Price
Sep 26, 2025 Sold
Premium
Sold
Aug 21, 2025 In contract -
In contract
Jul 28, 2025 Listed by HAMMOCK REALTY LLC $26,999
Listed by HAMMOCK REALTY LLC
Dec 14, 2023 Sold
Premium
Sold
Sep 13, 2005 Sold
Premium
Sold

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: 22,075
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 1,200
  • 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: V
  • Subdivision: SPRING LAKE VILL 02
  • Land Acres: 0000000507
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: SPRING LAKE VILLAGE II PB 9-PG 43 LOT 25 BLK M

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Parcel: C-15-35-30-020-00M0-0250
  • Block: M
  • Lot: 25
  • Meridian: SEC 15 TWN 35S RNG 30E
  • Municipality: COUNTY SOUTH FLORIDA WATER
  • Latitude: 27.4382
  • Longitude: -81.3337

    Address

  • Full Address: 222 Spring Lake Blvd
  • Address - House Number: 222
  • Address - Street Name: Spring Lake
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Sebring
  • Zip Code: 33876

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $59,711
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 60

    Market Valuation

  • Market Total Value: $14,000
  • Market Land Value: $14,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,000
  • Assessed Land Value: $14,000

    Sales

  • Current Sale Contract Date: Dec 14, 2023
  • Current Sale Recording Date: Dec 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 52
  • Current Sale Input Document Number: 2182485
  • Previous Sale Recording Date: Sep 13, 2005
  • Previous Sale Contract Date: May 23, 2005
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: 71
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:

$288,950

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1728 ft²

Average Home Age

26.9 years

Currently For Sale

513 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

Unit for rent at 408 Lexington Drive, SEBRING, FL, 33876

$1,999 /mo

  • 3 Beds
  • 2 Baths
  • 1,899 ft²
408 Lexington Drive, SEBRING, FL, 33876 Listing by Jorge Aguila-Rodriguez

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Lazaro Martinez
HAMMOCK REALTY LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# L4954775
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 222 Spring Lake Boulevard built and last sold?
The property at 222 Spring Lake Boulevard was built in and last sold on Dec 14, 2023 for $15,500.
How much is this home worth?
The estimated value of the home located at 222 Spring Lake Boulevard is $0.
What are some comparable homes to 222 Spring Lake Boulevard?
There are currently no comparable homes to 222 Spring Lake Boulevard.
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