1354 LAKE JOSEPHINE Drive Sebring, FL $ 650,000
1354 LAKE JOSEPHINE Drive
$ 650,000
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1354 LAKE JOSEPHINE Drive

Sebring, FL, 33875
$ 650,000
Bedrooms4 Baths2.0 Sq 1,536

Monthly Estimate*

$ 4,489

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Single Family Home for sale in Sebring, FL

for $650,000 with 4 bedrooms and 2 full baths. This 1,536 square foot home was built in 1973 on a lot size of 0.81.

Discover waterfront living at its finest on Lake Josephine! This rare property features a spacious 4-bedroom, 2-bathroom main home with 1,536 square feet of living space, plus a separate 900-square-foot guest house offering 1 bedroom and 1 bath—ideal for extended family or rental potential. Situated on a generous 0.81-acre lot, the property boasts an impressive 200-foot dock on the water, perfect for boating and enjoying stunning lake views. Complete with an expansive 6-car detached garage and ample space for your vehicles and toys, this unique lakeside retreat combines peaceful waterfront living with incredible versatility. LAKE JOSEPHINE WATERFRONT RETREAT — PRIVATE DOCK, BOATHOUSE, GUEST APARTMENT & VACATION RENTAL POTENTIAL! 1354 Lake Josephine Drive, Sebring, Florida Discover a unique lakefront property offering the perfect combination of waterfront living, spacious accommodations, and outstanding investment potential! Located on beautiful Lake Josephine in Sebring, this versatile property features a four-bedroom, two-bathroom CBS home, a newer apartment above an oversized garage, an impressive 200-foot dock with a boathouse, and multiple screened outdoor living spaces. Whether you're searching for a full-time waterfront residence, a vacation getaway, a multigenerational property, or an investment opportunity, this property offers exceptional flexibility and possibilities. A WATERFRONT LIFESTYLE Enjoy the lake with an impressive 200-foot dock featuring a boathouse and a screened-in porch on the dock, creating a wonderful setting for relaxing, entertaining, and enjoying the water. The property also features a screened porch at the main house, providing additional space to enjoy the Florida lifestyle. With generous waterfront amenities and multiple outdoor living areas, this property offers the opportunity to create an unforgettable lakefront experience for family, friends, and vacation guests. SPACIOUS MAIN RESIDENCE The main home features four bedrooms and two bathrooms, CBS construction, metal roofing, tile flooring, and a beautifully updated kitchen with granite countertops. A second-floor bedroom and deck provide additional living space and another place to enjoy the surroundings. The functional layout and generous accommodations make this property well suited for personal enjoyment, entertaining, or hosting vacation guests. ADDITIONAL APARTMENT — EXTRA SPACE AND POTENTIAL Above the oversized garage is a newer apartment that sleeps approximately four guests. It features two rooms, a full kitchen, and a full bathroom, providing a separate living space for extended family, visitors, or potential rental use. The additional apartment creates valuable flexibility for buyers seeking a property that can accommodate multiple households or explore vacation rental opportunities. OVERSIZED GARAGE, PARKING & STORAGE The approximately 900-square-foot garage offers substantial space for vehicles, recreational equipment, water toys, tools, and storage. It includes an installed toilet and sink, plumbing provisions for a future shower, and washer and dryer hookups for the apartment. A substantial 10-by-37-foot shed at the rear/side of the garage provides even more storage capacity. Ample parking makes the property particularly appealing for larger households, visitors, and recreational use. AN EXCITING VACATION RENTAL OPPORTUNITY The property has been marketed as a vacation rental under the name "Tranquility" on VRBO, offering buyers an opportunity to explore continuing or developing a short-term rental business, subject to applicable regulations and rental requirements. The combination of lakefront access, an extensive dock, a boathouse, screened outdoor spaces, a four-bedroom main house, and a separate apartment creates an appealing setup for hosting groups and families seeking a Florida getaway. CONVENIENT SEBRING LOCATION Enjoy a waterfront setting while remaining approximately nine minutes from Sebring International Raceway, a major attraction for motorsports enthusiasts and event visitors. The property also offers convenient access to SR 98 for travel toward Okeechobee. PROPERTY HIGHLIGHTS Lake Josephine waterfront location Four-bedroom, two-bathroom main residence CBS construction and metal roofs Updated kitchen with granite countertops Tile flooring Approximately 200-foot dock with boathouse Screened porch on the dock and screened porch at the house Second-floor bedroom and deck Newer apartment above the garage with two rooms, full kitchen, and full bathroom; sleeps approximately four Approximately 900-square-foot garage with toilet, sink, shower plumbing provisions, and laundry hookups Additional 10-by-37-foot storage shed Ample parking Vacation rental history under the name "Tranquility" Approximately nine minutes from Sebring International Raceway A rare opportunity to own a versatile waterfront property with room for family, guests, recreation, and potential rental income. Enjoy it as your own private lake retreat or explore its possibilities as an investment property.

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Single Family Active

Price

$ 650,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 4,717

Style

Lot Size

0.81

Year Built

1973

Town/City

Sebring

County/Region

Highlands

MLS | Web ID

B26099283

Features
General
Membership Required false
Sewer Septic Tank
Heating Central Electric Natural Gas
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Available Electricity Connected Other
Possession Negotiable Seller Rent Back
Roof Metal Tile
Appliances Cooktop Dryer Dishwasher Electric Cooktop Electric Range Freezer Ice Maker Microwave Oven Range Refrigerator Washer
HOA Fee 0
Garage Spaces 3
Patio/Porch Features Deck Patio Balcony
Architectural Style Ranch
Construction Materials CBS (Concrete Block Structure) Block Stucco
Pets Allowed No Pet Restrictions Yes
Year Built 1973
Electric 200+ Amp Service
View Lake Water
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Lake Front Lake Privileges
Accessibility None
County Highlands
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name LAKE JOSEPHINE SUBD
Facing Direction West
Garage Y/N true
Other Structures Garage(s) Guest House Outbuilding Shed(s) Storage
Total Rooms 3
Full Baths 2
Status Active
Directions From US-27 in Sebring head west/east on [Main Cross Street/Road] turn onto Lake Josephine Drive follow down to the property on the lake side.
City Sebring
Disclosures Owner Is Listing Agent
Senior Community Y/N false
MLS Area 5940 - Other Florida County
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 4717.18
Property Condition Updated/Remodeled
MLS Area Minor Other
Virtual Tour https://www.propertypanorama.com/1354-LAKE-JOSEPHINE-Drive-Sebring-FL-33875/unbranded
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Single Family Residence
Legal Description LAKE JOSEPHINE SUB PB 4 PG 60 LOT 12-LESS N 7 FT BLK 3
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Interior
Interior Amenities Bedroom on Main Level None Storage
Flooring Carpet Ceramic Tile Tile
Furnished Y/N Furnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Washer Hookup Inside Laundry Room
Total Bedrooms 4
Main Level Bedrooms 3
Main Level Bathrooms 2
Total Baths 2
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Exterior
Private Pool false
Exterior Amenities Awning(s) Balcony Barbecue
Fencing Back Yard Fenced Gate Partial
Parking Features Concrete Driveway Detached Garage Gravel Open RV Access/Parking
Lot Features Fruit Trees Sprinkler System
Water Source Well
Total Parking 20
Lot Size Area 35340
Spa false
Building Area Total 1740
Lot Size Acres 0.81
Road Surface Type Asphalt
Waterfront Y/N true
Covered Spaces 6
Other Equipment Satellite Dish
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Donald J Arpin

Listing Agent

Affordability Calculator

$4,882
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$393
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/12/2026$650,000 Listed Price

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1354 LAKE JOSEPHINE Drive, Sebring, FL, 33875 is a Single Family Home for sale at $650,000 with 1,536 sqft and a lot size of 0.81. 1354 LAKE JOSEPHINE Drive has 4 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 33875 which is in Sebring, FL