1354 LAKE JOSEPHINE Drive, Sebring, FL 33875
New ListingOverview
Description
Supplements: ... (Read more) 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.
Listing Details MLS# B26099283
General Property Information
- Property Sub Type
- Single Family Residence
- Bedrooms Total
- 4
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Building Area Main
- 1740
- Building Area Source
- Public Records
- Living Area Main
- 1536
- Living Area Source
- Public Records
- Adjusted Area Main
- 1365
- Accessibility Features YN
- No
- Year Built
- 1973
- Garage YN
- Yes
- Garage Spaces
- 3
- Covered Spaces
- 6
- Parking Total
- 20
- Gated Community YN
- No
- Lot Size Area
- 35340
- Lot Size Acres
- 0.81
- Senior Community YN
- No
- Land Lease YN
- No
- Recreation Lease YN
- No
- Guest House YN
- Yes
- Waterfront YN
- Yes
- Stories Total
- 2
- Stories
- Yes
- Direction Faces
- West
- Fireplace YN
- No
- Pool Private YN
- No
- Spa YN
- No
- Equestrian Features YN
- No
- Furnished
- Furnished
- LP/Assessed Value
- 1.9
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 650000
- Owner Phone
- 3058074446
- Negotiable Seller Concessions YN
- Yes
- Occupant Type
- Vacant
- Listing Service
- Limited Service
- Seller Represented YN
- No
Location and Legal
- Country
- United States
- County Or Parish
- Highlands
- Street Number
- 1354
- Street Name
- LAKE JOSEPHINE
- Street Suffix
- Drive
- Municipality Type
- Incorporated
- State Or Province
- FL
- Postal Code
- 33875
- Postal Code +4
- 6410
- Subdivision Name
- LAKE JOSEPHINE SUBD
- Area
- 5940 - Other Florida County
- Geographic Area
- Other
- Special Assessment YN
- No
- Parcel Number
- C33352902000300120
- Subdivision Number
- 20
- Zoning
- R1A
- Flood Zone
- AE,X
- 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.
Financial Information
- Master Association YN
- No
- Membership Fee Required YN
- No
- Tax Annual Amount
- 4717.18
- Tax Year
- 2025
- Tax Assessed/SOH Value
- 342434
- Tax Legal Description
- LAKE JOSEPHINE SUB PB 4 PG 60 LOT 12-LESS N 7 FT BLK 3
- Assessor Market Value
- 342434
Status Change Information
- Major Change Timestamp
- 2026-11-12T03:13:07Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-11-11
More Information
Guest House Area Details
- Adjusted Area Guest House
- 900
- Building Area Guest House
- 900
- Living Area Guest House
- 900
Leasing Permitted Details
- Leasing Permitted YN
- No
Boat and Dock Information
- Dock
- Yes
- Dock Details
- 200 foot
Capital Contributions
- Capital Contributions YN
- No
Co-Ownership
- Property Management YN
- No
Ceiling Fan Details
- Number Of Ceiling Fans
- 7
Main Level Rooms
- Main Level Bathrooms
- 2
- Main Level Bedrooms
- 3
Other Area Details
- Building Area Other Structures
- 1037
Pet Details
- Pet Fee YN
- No
Price Calculations
- Current Price To SqFt
- 423.17
Originating Details
- Originating System Key
- 20261101231019860568000000
- Originating System ID
- M00000170
Room Information
| Room Name |
|---|
| Kitchen |
| Living Room |
| Master Bedroom |
