4 months on rocket

5525 Sparta Rd, Sebring, FL, 33875

$7,500,000

364.77 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front
ViewWater
MLS #L4945864
Lot Size364.77 Acres
StatusActive

About 5525 Sparta Rd

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.

Property Details

Property Features

Listing Office:

  • Office Name: ADVANTAGE REALTY 1
  • Office Phone: (863) 386-1111
  • Listing Agent: Yezmin Restrepo

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Water

Virtual/3D Tour

  • Virtual Tour: 5525 Sparta Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 364.77 Acres

Other

Directions Information:

  • 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
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Housing Market Comparison

See how this home compares to others in Sebring, FL.

Med. Sold Price

$282.9K

Med. Price/SqFt

$172

Avg. Days On Market

98

# of Sold Homes

25

5525 Sparta Rd vs Sebring

139 DAYS ON ROCKET

+41 Days

$7,500,000

+$7.2M More

KEY TAKEAWAY

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

IDX 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.

IDX 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: 11/17/2024, 7:19:51 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

Jan 20, 2006Home Sold
$9,576,000
Feb 21, 2005Home Sold
$4,060,700

Tax History

YEARPROP. TAXASSESSMENT
2020$782$38,674
2019$783$38,674
2017$2,191$105,743

History based on county public records data.

Payment Calculator

$37.5K

Per 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.

Nearby Schools

school-card-donut-590867
6
/10
  • Cracker Trail Elementary School

  • 8200 Sparta Rd

  • 1.89 miles

  • Public District Grades PK-5

school-card-donut-590868
2
/10
  • Fred Wild Elementary School

  • 3550 Youth Care Ln

  • 2.87 miles

  • Public District Grades PK-5

school-card-donut-590869
5
/10
  • Woodlawn Elementary School

  • 817 Woodlawn Dr

  • 4.27 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,836. Most Sebring, FL residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living 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).

How much acreage is this property?

The property 5525 Sparta Rd is 364.77 acres.
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Rocket HomesFloridaHighlands CountySebring338755525 Sparta Rd

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.

In October 2024, from all listings sold in Sebring, FL there were more than 2 sold above asking price, over 15 sold below and more than 8 were sold right at the asked price. In October 2024 in Sebring, FL there were 3.7% less homes for sale than in September 2024. In October 2024, listings were on the market for 98 days. During the same period, the median list price in this real estate market was $282,990.

From Rocket Homes Real Estate and based on county public records data.

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