Sebring,FL. 365+- Lake Huckleberry Premium Gated Lakefront Development Site @ Only $7,684 per Unit(924+-Units)after ALF site Allocation(200+-Beds)! Planned Unit Development Order in Place w/ Water & Sewer for this beautiful 364+-Acres with 2,400+-Ft along the south shoreline of Lake Huckleberry with multiple interior lakes to be formed further accenting the already premium Profit Potential from existing lake frontage. PUD consists of mostly single family lots (689 lots);42+- Estate Lots;193+-Mult-Family Lots; Plus 8+-acre ALF Site (200+-Beds). All is located only a few miles from the Heart of Sebring's Prime Retail Shopping areas & the Quaint Downtown Shops & restaurants recently filmed on HGTV small town make-over. Come secure this rare opportunity in this rapidly growing/developing Pristine Lake Wales Ridge in center of the state only 2+-hours from major cities & Tampa/Orlando/Miami/coastal communities.
Directions: Head South onto US-98 S/US Hwy 27 S, Turn right onto Sparta Rd, Turn right onto Bassage Rd, Turn right at E Ln, Turn right onto Boy Scout Rd, subject property is on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $7,500,000
Tax Information:
Annual Amount: $782
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sebring, FL.
This property is $7.2M more than the Median Sold Price in Sebring, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #L4945864
Listing Office:
Office Name: ADVANTAGE REALTY 1
Office Phone: (863) 386-1111
Listing Agent: Yezmin Restrepo
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 4:20:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 20, 2006
Jan 20, 2006Home Sold
$9,576,000
Feb 21, 2005
Feb 21, 2005Home Sold
$4,060,700
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$782
$38,674
2019
$783
$38,674
2017
$2,191
$105,743
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$37.5K
Per Month
Principal & Interest
$37.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$22.5K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Cracker Trail Elementary School
8200 Sparta Rd
Distance between this listing and this school1.89 miles
Public District Grades PK-5
2
/10
Fred Wild Elementary School
3550 Youth Care Ln
Distance between this listing and this school2.87 miles
Public District Grades PK-5
5
/10
Woodlawn Elementary School
817 Woodlawn Dr
Distance between this listing and this school4.27 miles
Public District Grades PK-5
Nearby Schools
4
/10
Sebring Middle School
500 E Center Ave
Distance between this listing and this school3.81 miles
Public District Grades 6-8
4
/10
Hill Gustat Middle School
4700 Schumacher Rd
Distance between this listing and this school5.93 miles
Public District Grades 6-8
3
/10
Avon Park Middle School
401 S Lake Ave
Distance between this listing and this school10.39 miles
Public District Grades 6-8
Nearby Schools
2
/10
The Academy at Youth Care Lane
4121 Youth Care Ln
Distance between this listing and this school2.99 miles
Public District Grades 6-12
4
/10
Sebring High School
3514 Kenilworth Blvd
Distance between this listing and this school3.25 miles
Public District Grades 9-12
4
/10
Highlands Virtual School
426 School St
Distance between this listing and this school4.44 miles
The neighbors living near this home have an average income of $28,836. The majority of Sebring, FL residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5525 Sparta Rd
What is the listing price of this property?
The listing price of 5525 Sparta Rd property is $7,500,000.
What type of property is this?
The property 5525 Sparta Rd is land located in Sebring, Florida, 33875.
Is this property for sale now?
Active Listing: 5525 Sparta Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $782 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 20, 2006 for $9,576,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5525 Sparta Rd in Sebring, FL and zip code 33875. This home sits on a 364.77 acre lot. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $7,500,000.
While more than 9 listings in Sebring, FL in November 2024 were sold above asking price, there were more than 36 listings sold at asking price, and more than 53 were sold below. In November 2024 in Sebring, FL there were 1.9% more homes for sale than in October 2024. While the average time on the market in November 2024 was 70 days, the median list price was $269,227.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Figure Skating
Figure Skating
NASCAR
Extreme Sports
Stein Mart
Kmart
Dollar General
Bob Evans
Cracker Barrel
Little Caesars
Buick
Ram
Chevrolet
Adult Standards
Oldies
Classic Country