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For SaleLandActive

Panther Parkway

Sebring, FL 33870

$1,091,200

146 Days On Site

  • 19.86Acres
  • R3Zoning
  • HighlandsCounty
County
Highlands
MLS®
TB8520342

Overview

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.

Listing Snapshot

Price
$1,091,200
Days On Site
146 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
19.86 Acres
Year Built
N/A
MLS® Number
TB8520342
Status
Active
Property Tax
$176.69 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

7 items
Acres
19.86
Additional Property Use
Unimproved
Direction Faces
West
Sewer
Public Sewer
Utilities
Electricity Available, Sewer Available, Water Available
Water Source
None
Zoning
R3

Exterior Features

3 items
Frontage
1375
Lot Features
Cleared
Road Frontage
Highway

Community Features

3 items
MLS Area
33870 - Sebring
Township
34S
Roads
Asphalt

Location

Panther Parkway, Sebring, FL 33870 · 33870 - Sebring

$5M$2.9M$2.4M
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Neighborhood & Commute

ZIP Code 33870

Median household income
$44,075
Income per person
$28,850
Households
11,388
Average household size
2.19
Median age
55.7

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active

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Listing courtesy of SAUNDERS REAL ESTATE, LLC (863) 287-3281

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-10 09:52 PM EST

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