2250 Covington RdSebring, FL 33870

Property Details for 2250 Covington Rd

Lot size

15.00 AC

Property type

Land

Description

This exceptional 15-acre parcel in Sebring, Florida, presents a remarkable opportunity for large-scale residential development. Located at a high-visibility hard corner intersection on Covington Road, this R3-zoned property boasts approved plans for a 275-unit multi-family development. Its prime location offers unparalleled convenience, situated near major retail establishments along the heavily trafficked Highway 27, providing residents with easy access to shopping, dining, and entertainment. The property's strategic positioning ensures high visibility and accessibility, making it an attractive location for potential residents. The site is serviced by readily available city water and a gravity-fed sewer system, simplifying infrastructure development and ensuring efficient waste management. With a total asking price of $2,200,000, this translates to a land value of $126,000 per acre, representing a compelling investment opportunity for developers seeking a high-potential project in a thriving Florida market. The existing approvals significantly reduce development timelines and associated costs, making this a truly exceptional opportunity for significant returns. This 15-acre site in Highlands County, zip code 33870, offers a unique blend of location, zoning, and infrastructure, making it an ideal platform for a successful multi-family development. Don't miss this chance to acquire a prime piece of Florida real estate poised for substantial growth.

Location Insight

City

Sebring

County

Highlands

State

Florida

Latitude

27.5173

Longitude

-81.4746

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].