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Highlands 33875
9620 PAYNE ROAD
$620,000
● House - Off Market

9620 PAYNE ROAD

SEBRING, FL 33875
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,010 Ft²
$3,279
Est. Monthly

About This Property

Exclusive gated community with no HOA, this gorgeous 3BR/2.5BA Barndominium blends rustic charm with modern luxury on 5 private acres with a pond. A complete rebuilt, featuring new framing, insulation, electrical, plumbing, and septic, plus commercial-grade flooring throughout. Enjoy a custom kitchen with gas appliances and exotic petrified wood countertops, soaring 16 FT ceilings, and a spacious master suite on the first floor. Upstairs offers two bedrooms, bathroom and a loft living area. Relax on 120' of wraparound screened porches overlooking your fenced pastures, mature trees, and peaceful setting. Property includes RV hook up, 3 wells, shed, chicken coop with chickens, duck house with ducks, a bull. Truly a hidden retreat!
Unit Size
3,010 Ft²
Days on Market
160 days
Land Size
5.00 acres
Price per sqft
$216
Property Type
House
Property Taxes
$87
HOA Dues
-
Year Built
2004

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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: 6 months ago (Stellar MLS #L4957261)

Price History

Date / Event Date Event Price
Apr 21, 2026 Sold
Premium
Sold
Feb 18, 2026 In contract -
In contract
Dec 23, 2025 Price Decreased $650,000
↓ $49K (7%)
Price Decreased
Nov 12, 2025 Listed by ADVANTAGE REALTY 1 $699,000
Listed by ADVANTAGE REALTY 1
Feb 8, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 10
  • Interior Walls Type: 9
  • Roof Shape Type: 15
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,786
  • Total Building Area: 2,000
  • Gross Building Area: 2,000
  • Building Area: 2,000
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 0
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000005000
  • Standard Land Use Code: 7012
  • County Land Use Code: 63
  • Legal Description 1: AN IRREG 5 AC TR IN E 689 FT OF W 1408 FT OF N 332 FT OF S 684 FT OF SEC 25 25-35-28/31 5.0 ACRES

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 961401

Zoning

  • Zoning: AU

Geography

  • Parcel: C-25-35-28-A00-0310-0000
  • Meridian: SEC 25 TWN 35S RNG 28E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.3995
  • Longitude: -81.4793

    Address

  • Full Address: 9620 Payne Rd
  • Address - House Number: 9620
  • Address - Street Name: Payne
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Sebring
  • Carrier Code: R001
  • 4-Digit Zip Code: 9421
  • Zip Code: 33875

Valuation

    Tax

  • Total Area: 2,000
  • Tax Year: 2022
  • Tax Amount: $102,627
  • Tax Rate Code Area: 40

    Market Valuation

  • Market Total Value: $65,740
  • Market Land Value: $11,686
  • Market Improvement Value: $54,054

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,787

    Sales

  • Current Sale Contract Date: Feb 03, 2015
  • Current Sale Recording Date: Feb 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1803333
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:

$289,900

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1731 ft²

Average Home Age

26.6 years

Currently For Sale

502 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

Rentals Near You

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STELLAR

Listed by: Yezmin Restrepo
ADVANTAGE REALTY 1
Last Updated: 6 months ago
Data Source: Stellar MLS, MLS# L4957261
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 9620 Payne Road built and last sold?
The property at 9620 Payne Road was built in 2004 and last sold on Feb 3, 2015 for $90,000.
How much is this home worth?
The estimated value of the home located at 9620 Payne Road is $0.
What are some comparable homes to 9620 Payne Road?
There are currently no comparable homes to 9620 Payne Road.
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