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$3,200,000
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Property Description & Video
1055 Lake Josephine Drive, Sebring, FLVideo Tour of 1055 Lake Josephine Drive, Sebring, FL.
Ideal for 1031 Exchange Buy now Build later Benefit immediately & secure an agricultural exemption. Approved & zoned 4 homes per acre 95-acre single family residential includes 7 parcels, 277' frontage along highly visible US 27, 4,000' frontage along Lake Josephine Creek. $33,684 Acre, $8,421 Unit. No impact fees. Water & electric nearby. Nearby launch area on Lake Josephine. Property within 2 hr radius of 86% of Florida's population. Sebring featured Spring 2025 on HGTV Hometown Takeover .Locally 113 lakes, 16 golf courses, Sebring Int'l Raceway, & Sebring Regional Airport. Buyer responsible for all due diligence regarding zoning, permitting, construction, soil quality, utilities, etc., to ensure that land is suitable & buildable for buyers' needs
Full Property Details
Full Property Details for 1055 Lake Josephine Dr
General
- Price: $3,200,000
- Taxes: $29 (2019)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: R10594872
- Updated: 2/18/2026
- Added to Site: 2, 222 day(s) ago
Location
- County: Highlands
- Subdivision: N/A
- Driving Directions: Travel US 27 north of Lake Placid to Lake Josephine Drive & turn west. Call for access.
- Direction Faces: East
Community
- Community Name: 5940 - Other Florida County
Utilities
- Water: Public
- Utility Description: Electricity Available, Water Available
Structural Information
- Current Bldg. Use: Single Family
Lot Features
- Lot Size (Acres): 95
- Lot Size (Sq. Ft.): 4,138,200
- Frontage: State Road, Dirt
- Road Maintenance: Public Maintained Road
- Lot Features: City Lot
- Development Status: Raw Land
- Potential Use: Single Family
- Trees/Vegetation: Brush, Other, Partially Wooded
- Zoning: EU
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $29.9
- Tax Year: 2019
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: E 704.42 FT M/L OF SW 1/4 OF SE 1/4 LYING S OF LAKE JOSEPHINE DR R/W PER OR 483-PG 102 + OR 643-PG 851 + R MILLER SURVE
- Property ID: C333529a0000210000
Listed by Compass Florida, LLC
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Schools
Schools serving 1055 Lake Josephine Dr
School District:Highlands County School District
| Name | Grades | Distance |
|---|---|---|
Cracker Trail Elementary School 8200 Sparta Road, Sebring, FL 33875 | PK-5 | 2.9 mi |
Sebring High School 3514 Kenilworth Boulevard, Sebring, FL 33870 | 9-12 | 7 mi |
Sebring Middle School 500 East Center Avenue, Sebring, FL 33870 | 6-8 | 7.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1055 Lake Josephine Dr
Date
Details
Price
Change
Source
10/24/2025
Price Reduced
$3,200,000
-13.51%
MLS
5/12/2025
Price Reduced
$3,700,000
-7.5%
MLS
1/23/2020
Listed
$4,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1055 Lake Josephine Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$113
—
$4,500
-2%
2024
$113
69%
$4,600
-8%
2023
$67
-14%
$5,000
-6%
2021
$78
4%
$5,300
-2%
2022
$75
-4%
$5,400
-97%
2021
$78
160%
$160,000
7900%
2019
$30
3%
$2,000
5%
2018
$29
4%
$1,900
6%
2017
$28
4%
$1,800
6%
2016
$27
4%
$1,700
6%
2015
$26
13%
$1,600
14%
2014
$23
21%
$1,400
8%
2013
$19
—
$1,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1055 Lake Josephine Dr
1055 Lake Josephine Drive, Sebring, FL 33875 (MLS# R10594872) is a Vacant Land property with a lot size of 95 acres. 1055 Lake Josephine Drive is currently listed for $3,200,000 and was received on January 23, 2020. Want to learn more about 1055 Lake Josephine Drive? Do you have questions about finding other Vacant Land real estate for sale in Sebring? You can browse all Sebring real estate or contact a Coldwell Banker agent to request more information.

