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.
Based on information submitted to BeachesMLS as of November 15, 2026 10:15 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.