Prime 20 acres bordered by US HWY 98 and Lake Istokpoga Park at $45,000 an acre. US 98 is the main road connecting Sebring area to the coast and Lake Istokpoga Park is a county maintained park on the 27,000 acre muck-bottomed lake offering fishing/boating, bathrooms, grills, picnic areas, small nature walk trails, and boat ramp. The property is about 15 minutes to Publix, 10 minutes to the track at Sebring International Raceway, 10 minutes to Sebring Regional Airport, golfing nearby in Spring Lake, down the road from popular restaurant Gator Shack. The location allows for the possibility of a private owner who would like to work the land again, a developer, or an agri-tourism business. On site is a mobile home that needs rehab but has good electric and septic.
4318 Us 98 Highway, Sebring, FL, 33876
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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