1028 Sugarberry Trl Placid Lakes, FL 33852
- Land
- 1,135.00 lot acres
Current Use by Public Records
- Land
Property Details for 1028 Sugarberry Trl
- Lot size
- 1,135.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 1,135-acre Florida ranch, located in Highlands County near Lake Placid (33852), presents a unique investment opportunity. The property boasts a 3,700 square foot, four-bedroom, five-bathroom home. Infrastructure is already in place, including over one mile of paved roads and five miles of improved roads, along with drainage systems and 22 man-made ponds. The land features beautiful oak hammocks and open native range pastures complementing the Fisheating Creek ecosystem. The property's prime location and abundant wildlife make it an ideal candidate for a conservation easement, offering potential tax benefits. Furthermore, existing approvals are in place for the development of 100 residential lots, providing a versatile investment opportunity. The property is zoned for agriculture and has multiple APNs (four). The asking price is $12,600,000, translating to $11,101 per acre. This turnkey property offers a blend of recreational enjoyment and significant development potential, making it a truly remarkable offering in central Florida.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Placid Lakes
- County
- Highlands
- State
- Florida
- Longitude
- -81.5632
- Latitude
- 27.3569
