$37,500
●
Land -
Off Market
8301 CASTILE ROAD
SEBRING, FL 33876
Studio
0 Bath
$287
Est. Monthly
$4
HOA / Fees
About This Property
Build your dream home on this spacious 0.51-acre residential lot
located in the peaceful Spring Lake community of Sebring, Florida.
Nestled in a quiet, established neighborhood, this oversized lot
offers plenty of room for a custom home, outdoor living space, and
added privacy. Enjoy the charm of Spring Lake with its serene
surroundings while still being conveniently close to Sebring's
shopping, dining, schools, and recreational opportunities. Whether
you're planning a primary residence or a future investment, this
property provides the perfect blank canvas to bring your vision to
life.
Unit Size
-
Days on Market
121 days
Land Size
0.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
$62
HOA Dues
$4
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 months ago (Stellar MLS #O6373710)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| May 1, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Listed by EXP REALTY LLC | $45,000 | |
| Listed by EXP REALTY LLC | |||
| Jul 2, 2023 | No longer available | - | |
| No longer available | |||
| Mar 29, 2022 | Listed by EXP REALTY LLC | $76,000 | |
| Listed by EXP REALTY LLC | |||
| | |||
|
Spring Lake Residents enjoy a beautiful community! This 0.50 acre lot in Spring Lake Village III is ready for construction. The area includes a Community Center, Tennis Courts, Parks and you will be near Lake Istokpoga! Owner's vacant lot mowing bills now billed as non-ad valorem tax on annual county tax statement; if you're not ready to relocate or build right now, no worries, you can keep this wonderful lot maintained with ease. Pride of ownership is evident throughout the neighborhood plus dining, shopping, and more are within miles. As an owner of the lot, you are automatically a Member of the Spring Lake Property Association and there are Deed Restrictions and By-Laws governing; only $45.00/year! The SLPA publishes a newsletter each month to keep you up to date in this wonderfully growing community. Call list agent to request document copies for Spring Lake Association Rules, Regs, By-laws, and other pertinent information for this community: Kristina Lindsley (321) 289-9299.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Highlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Veronica Figueroa
EXP REALTY LLC
Last Updated: 5 months ago
Data Source: Stellar MLS, MLS# O6373710
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.
EXP REALTY LLC
Last Updated: 5 months ago
Data Source: Stellar MLS, MLS# O6373710
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017