2250 Covington Road
Sebring, FL 33870
- – beds
- – baths
- – sqft
- ~14 acre lot
- – on site
Prime 15± Acre Hard Corner Multi-Family Development Site – Sebring, FL 275± Units | Only $7,091 Per Unit – Priced for Immediate Sale! Don’t miss this rare opportunity to secure a premier development site in one of Sebring’s most strategic, high-growth locations. Positioned directly on a hard corner with over 300 feet of frontage on Sebring Parkway, this property offers unmatched visibility and access for a state-of-the-art multi-family community or mixed-use development. Plus 1000+Ft on Scenic Hwy facing the New Budweiser Showplace Facility adding a special element to this superb location. Just 1.5± miles from Sebring’s Walmart and surrounded by national retailers including Chick-fil-A, WaWa (4 locations), Chipotle, and Rural King—with more on the way—this site sits in the highest-traffic retail corridor in the region. Investors and developers alike are recognizing Sebring's impressive growth potential, and this is your chance to join them. With zoning that supports approximately 275 units, the land is priced at only $7,091 per unit—an exceptional value for this location. Act now to take advantage of Sebring’s ongoing transformation, fueled by Florida’s new wave of industrial expansion. Major players like Amazon are already establishing a presence, further increasing future demand for housing and retail services. Future upside: As DOT expands the surrounding Highways to accommodate the eminent growth, consider rezoning the hard corner for high-value commercial uses such as a convenience store (WaWa-type $1M+/acre user) or professional services like an eye care center—while developing the remaining parcel through a joint venture with an established multi-family builder. Multiple Comps are available upon request like the 300 unit parcel on the other side of Budweiser recently listing and SOLD by our firm plus see aerials of surrounding New Communities presently being developed: Stone Ridge, Watersedge Resort, Rocklyn Townhomes, etc. Whether you're a seasoned developer or a savvy investor seeking exceptional returns, this 15± acre flagship parcel offers the ideal foundation for a dynamic and profitable project. Opportunities like this don’t wait. Stake your claim in Sebring’s future—before someone else does.
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Last updated May 3, 2025
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MLS# 314891 —
Financial & Terms
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Possession:Closing
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Listing Terms:Cash, Conventional, Owner May Carry
Location
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Directions:From 743 US Hwy 27 S, Head North on Hwy 27, Turn right onto Sebring Parkway, Property is on left adjacent to Budweiser.
The Property
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Parcel Number:S-13-34-28-090-0010-0000
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Property Type:Land
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Property Subtype:Acreage
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Property Subtype Additional:Acreage
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Lot Features:City Lot, Public Road, Acreage, Cleared
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Lot Size Acres:14.7
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Lot Size Area:14.7
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Lot Size Square Feet:621815
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Lot Size Units:Acres
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Current Use:Unimproved
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Zoning Description:PD
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Frontage Length:335
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Road Responsibility:Public Maintained Road
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (863) 386-0303
- Office phone:
- (863) 386-0303
Taxes
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Tax Year:2024
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Tax Legal Description:KAHNS REPLAT PB 4-PG 2 ALL-LESS S 125 FT PKWY 14.08 AC
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Tax Annual Amount:8241.08
The Listing
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Virtual Tour URL Branded:https://www.propertypanorama.com/instaview/heartland/314891
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/heartland/314891
Utilities
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Utilities:See Remarks, Sewer Available
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Sewer:Public Sewer
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Water Source:Public, See Remarks
Schools
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Middle Or Junior School:Sebring Middle
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High School:Sebring High
The Community
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Association:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.