$1,091,200

About this home

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 singlefamily 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/acre.

Property details

MLS #

MFRTB8520342

Property type

Land

Subdivision

N/A

Status

Active

Days on market

N/A

On market date

June 17, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

19.86 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).