Seize the chance to own a slice of paradise (over 1 acre) on the coveted shores of Lake Jackson, where opportunities to purchase land are becoming increasingly scarce. This charming lakefront property features a 3-bedroom, 2.5-bath home, perfect for those who love water sports or simply want to bask in the tranquility of nature. Lake Jackson is renowned for its stunning sunsets, abundant wildlife, and activities like jet skiing, boating, and fishing. Inside, the home holds hidden treasures; Imported Italian marble floors in the kitchen, while the rest of the home boasts terrazzo marble underfoot, as noted by the seller. The property also includes three additional units—formerly used as rentals or Airbnb spaces—with a combined square footage of 3,938. These consist of a studio apartment, a 1-bedroom/2-bath apartment, and a 1-bedroom/1-bath apartment, offering versatile income potential. Located within walking distance to downtown Sebring, which has recently undergone a vibrant makeover, this property is ideally situated for both relaxation and convenience. Sebring's international acclaim for the 12 Hours of Sebring endurance race makes this an attractive option for short-term rentals, especially during race week. Whether you're looking to renovate and restore the existing structures for income-generating opportunities or envision building your dream waterfront home, this property is brimming with potential. Don't miss out on this unique opportunity to make your lakefront living dreams come true on Lake Jackson! This property is zoned for multiple residences and is within the city limits as well as within the CRA district. This allows for grants up to $10,000 towards facade improvements once every 5 years. (Per Owner: Property had been on the market previously and under contract - however buyer could not secure financing or meet the lenders terms)