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2250 Covington Road, 
Sebring, FL 33870

$1,950,000


Bed


Bath


-

Sq Ft


14.70

Acres (Lot)


Land


Virtual Tour

Active

Listed by

Gregory Karlson

Advantage Realty #1

863-386-0303

Last updated:

May 4, 2025, 02:43 PM

MLS#

314891

Source:

FL HAR

About This Land

2250 Covington Road

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

14.70

MLS #:

314891

Last Updated:

May 4, 2025, 02:43 PM

Added:

1 day(s) ago


Finances & Disclosures

Finances

Price:

$1,950,000

Source:FL HAR
The information being provided by Heartland Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Heartland Association of Realtors All rights reserved.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.