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- LoopNet Team
4800 Haw Branch Rd
Sebring, FL 33875
161+- Golf Course Income & Upside R3FUD! · Sports & Entertainment Property For Sale · 5,935 SF
Investment Highlights
- Opportunity For Increased Income
- Upside Profit Potential
PROPERTY FACTS
Property Type | Sports & Entertainment | Building Size | 5,935 SF |
Property Subtype | Golf Course/Driving Range | No. Stories | 1 |
Building Class | C | Year Built | 1984 |
Lot Size | 161.28 AC |
Property Type | Sports & Entertainment |
Property Subtype | Golf Course/Driving Range |
Building Class | C |
Lot Size | 161.28 AC |
Building Size | 5,935 SF |
No. Stories | 1 |
Year Built | 1984 |
Amenities
- Air Conditioning
About 4800 Haw Branch Rd , Sebring, FL 33875
INCOME W/ DEVEL UPSIDE POTENTIAL! GOLF COURSE PROPERTY IS 161.28 ACRES($4,950 PER AC). OF WHICH 60+-AC ZONED R3FUD 360-720+-UNITS ($2,500/UNIT). INCLUDES PRO SHOP, OFFICE BUILDING, CART BARNS, RESTAURANT, BAR & GRILL, 11 ACRE DRIVING RANGE , PRACTICE PUTTING GREENW/ULTRADWARF BERMUDA GRASS AS WELL AS ON THE 18 HOLE CHAMPIONSHIP PAR 71 GOLF COURSE DESIGNED BY WELL RECOGNIZED GOLF COURSE DESIGNER RON GARL. COURSE IS SURRONDED ON 3 SIDES BY THE FAMOUS AND BEAUTIFUL HAMMOCK STATE PARK Golf course has enjoyed 3 years of increased business income with last gross income of $420,055 & 22,000 rounds (customer traffic) in 2019. Extra R-3 ZONED LAND BY CLUBHOUSE AND #9 GREEN AND #1 GOLF HOLE IS ZONED AND PLATTED FOR 24 CONDOMINIUMS and available for $175,000!! Condo Upside: develop these units and create up to 200 time share customers to add even more extra income to Golf Course & Restaurant! COMMERCIAL Office LEASEs(BerkshireHathaway), Golf Shop AND RESTAURANT MEANS EXTRA INCOME. Last annual gross income for the restaurant was $450,000. Upside: use your restaurant skills to convert lease income to business income or even a joint venture that makes you both money with insured success. EQUIPMENT included (some are leased): GOLF CARTS ELECTRIC AND GAS, TIKI HUT, IRRIGATION THROUGHOUT. To expedite sale:past phase 1 in hand, past appraisal for Golf Course alone was $925k and local bank stands ready to finance w/ 35% down subject to buyer acceptable credit of course! Come buy this incredible opportunity today before it is sold.
Links
PROPERTY TAXES
Parcel Number | C-09-35-28-010-0020-0000 | Improvements Assessment | $548,736 |
Land Assessment | $260,580 | Total Assessment | $809,316 |
PROPERTY TAXES
zoning
Zoning Code | AU |
AU |
Listing ID: 19100664
Date on Market: 4/3/2020
Last Updated:
Address: 4800 Haw Branch Rd, Sebring, FL 33875