624 Duane Palmer BlvdSebring, FL 33876

Property Details for 624 Duane Palmer Blvd

Lot size

13.12 AC

Property type

Retirement homes

Property subtype

Assisted living facilities

Description

This exceptional 13.115-acre parcel in Sebring, Florida, presents a unique opportunity to develop a 160-unit senior living campus. Located at the main entrance to the Spring Lake master development and the renovated Sebring International Golf Resort, this highly desirable site boasts existing approvals for a diverse range of senior living options, including villas, independent living apartments, assisted living, and memory care facilities. The 160 units can be configured for up to 320 beds, offering flexibility in design and unit mix to meet market demands. Conceptual designs are available to explore various development options. The Spring Lake Improvement District has invested over $16 million in infrastructure upgrades in the past six years, including a new wastewater treatment plant, sewer mains, an upgraded pump station, and the award-winning Eco Park. These improvements, along with the absence of impact fees and a developer-friendly environment, create a compelling investment opportunity. Sebring's strategic location in central Florida, coupled with its recreational amenities and small-town charm, further enhances the appeal of this prime development site. The property's proximity to US Hwy 98 and the Sebring International Golf Course ensures high visibility and accessibility. This is a rare chance to capitalize on the significant demand for senior housing in a thriving community with robust infrastructure and a supportive local government. The site is situated within the Spring Lake Improvement District, which provides essential services such as water management, road maintenance, and recreational amenities.

Location Insight

City

Sebring

County

Highlands

State

Florida

Latitude

27.4369

Longitude

-81.3235

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