67.31+- ac Former Citrus Grove

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30173192
Property Subtypes: Agricultural
Status: Pending
Gross Land Area: 67.31 Acres
Sale Price: $1,275,000
Unit Price: $18,942 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2021

Overview / Comments

The opportunity is to purchase a 67.31± acre former citrus grove on Lake Henry in Lake Placid. It has 300 feet of frontage on US 27 and 550+ feet of frontage on Lake Henry. Lake Henry has access to Lake June, which is a 3,500 acre lake. Lake June also provides access to another lake and 15+ waterways.
It features a small waterfront cottage and another small house. Also, there's an active SWFWMD WUP in place that allows for 80,100 Avg. GPD, 371,700 Peak GPD, and 1,584,000 Max GPD.

The property is located at 117 Watters Drive in Lake Placid in unincorporated Highlands County. Access is provided via US 27 and a private entrance on Watters Drive. It's ideally located as it's only 3+ miles from downtown Lake Placid.

PROPERTY SIZE - 67.31 Acres

ZONING- AU - Agricultural District

This has a variable rate commission.

Additional Details

Nearest MSA: Sebring
County: Highlands
Tax ID/APN: C233629A0001600000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 939 7,692 14,799
Median Age: 73.98 56.26 53.87
Households: 422 3,516 6,590


Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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