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2250 Covington Rd

Sebring FL 33870

621815 sq. ft.
Land
Currently for sale - view listing

Overview

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.

Features

621815 sq. ft. lot size
Land

Property history for 2250 Covington Rd

2021
Sold
$725,000
08 Oct 2021 by Drew Bishop, of KW Peace River Partners
2015
Sold
$215,000
29 May 2015 by Chip Boring

Happy sellers in Sebring

92%
92% of sellers in Sebring reported that their sale price either exceeded or met their price expectations.

Sebring stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Sebring over the last 12 months.

Local market activity for land plots in Sebring

In the last 12 months, 46 land plots similar to 2250 Covington Rd, have been sold.

This represents a 48% increase in land plots sales when compared to the previous 12 months.

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