4333 US-98 Lorida, FL 33857

Listing office Advantage Realty #1 g***@gmail.com Show Phone

Listing date Nov 28, 2025

Source Elliman

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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

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FAQs

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.