242-Acre Ranch in Lorida,
For Sale
$3,021,125
4333 US-98, Lorida, FL 33857
242-acre ranch with development potential near Lake Istokpoga.
Property SizeContact for details
Lot Size241.69 Acres
Days on Market272
Property Features for 4333 US-98
General Information
Standard status
Active
Lot size
241.69 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$812
Listing Agency:
ADVANTAGE REALTY 1
(863) 381-4932
Listed By:
Gregory Karlson · License #3418359
(863) 381-4932
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 25
Last Checked: Aug 26 at 10:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ADVANTAGE REALTY 1
Investment Insights
Based on property information with market context.
This 242-acre ranch in Lorida, Florida, features green Bahia pastures that are fenced and cross-fenced, along with watering ponds and a seasonal creek. Currently leased for cattle, the property offers upside potential with multiple unused access road entries, making it easily divisible into smaller ranches. Located minutes from Lake Istokpoga and the Sebring/NASCAR Raceway, the property benefits from growth extending from coastal cities, presenting tremendous upside potential for future development. Proforma metrics include a sod operation potential at $1,500-$2,200 per acre and a watermelon farm lease at $250 per acre. Improving the pasture into Hemarthria grass could raise cattle production to 1 cow per two acres after harvesting sod. Extending the existing northerly roads into the subject property could create 5-10 acre tracts, potentially doubling the investment.
Key Highlights
- 242+-acre ranch featuring green Bahia pastures, fenced and cross‑fenced, perfect for cattle grazing.
- Potential for division into multiple smaller ranches.
- Income potential from sod operation, watermelon farm lease, and improved cattle lease.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 33857, FL
1,378
Population
1,068
Households
1.3
Avg Household Size
59
Median Age
18%
College-Educated
90%
High-School Grad
148.9 sq mi
ZIP Area
9
Density / Sq Mi
$47,083
Median Household Income
$132,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Ranch - 242-acre ranch with development potential near Lake Istokpoga.
Where is this ranch located?
The property is located at 4333 US-98 Lorida, FL.
What is the asking price?
The asking price for this property is $3,021,125.
What are key features of this property?
This property features: 242+-acre ranch featuring green Bahia pastures, fenced and cross‑fenced, perfect for cattle grazing.; Potential for division into multiple smaller ranches.; Income potential from sod operation, watermelon farm lease, and improved cattle lease.
