Sebring Multifamily Development Site

Investment Overview

Situated at the corner of Panther Parkway and Beacon Avenue, this permit-ready 19.84± acre parcel is one of Highlands County’s most compelling development plays. Recently rezoned to City of Sebring R-3 (RM FLU), and annexed into the City of Sebring, the site allows for immediate site planning for townhomes, multifamily, or single-family subdivisions without further zoning hurdles. Featuring a clean rectangular configuration and flat topography, the property offers dual-road frontage and access to municipal utilities. This prime infill location with high density residential zoning in place offers an ideal multifamily or single family development opportunity in a high-demand growth corridor. The R-3 zoning and RM future land use positions this property as a high-yield infill location with the potential for over 200+ multifamily units or a high-density townhome community. R-3 multiple-family district is a multi-family zone that allows single-family and two-family dwellings with a lot area of 15,000 square feet for multi-family and a maximum density of 12 dwelling units per acre.

Investment Highlights

• Versatile Development: Entitlements allow for for multifamily, townhomes, or high density single family
• Frontage: Prime frontage on the new Panther Parkway and Beacon Ave
• Utility Ready: City of Sebring municipal water and sewer available