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1705 Duane Palmer Blvd 28.7 Acres of Residential Land Offered at $2,880,000 in Sebring, FL 33876
Investment Highlights
- 28 Acres: 144 Lots entitled for 68 Townhomes, 50 Interior Single-Family and 26 Waterfront Single-Family.
- $23M+ invested in Infrastructure (sewer, water, fiber, parks, etc)
- Roads, Water, Electric and Sewer at Entrances
- Currently NO IMPACT FEES in County jurisdiction
- FEMA-Certified Flood Zone X
Executive Summary
Currently NO IMPACT FEES in County jurisdiction
$23M+ invested in Infrastructure (sewer, water, fiber, parks, etc)
388 Acres in Total with a newly-renovated 39-hole golf resort
All Entitlements Fully Approved for 548 lots (Potential for 600+)
Proximity to the Airport and the Sebring International Raceway
FEMA-Certified Flood Zone X (500-year Protection)
Located in Spring Lake Special District - Developer Friendly
Property Facts
| Price | $2,880,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 28.70 AC |
| Property Type | Land | ||
| Zoning | R3PD - R3PD | ||
| Price | $2,880,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 28.70 AC |
| Zoning | R3PD - R3PD |
1 Lot Available
Lot
| Price | $2,880,000 | Lot Size | 28.70 AC |
| Price Per AC | $100,348.43 |
| Price | $2,880,000 |
| Price Per AC | $100,348.43 |
| Lot Size | 28.70 AC |
28 Acres: 144 Lots entitled for 68 Townhomes, 50 Interior Single-Family and 26 Waterfront Single-Family.
Description
28 Acres: 144 Lots entitled for 68 Townhomes, 50 Interior Single-Family and 26 Waterfront Single-Family. This Community Development Opportunity (CDO) offers 8 unique shovel-ready sites within the 352-acre Sebring International Golf Resort featuring 143 acres for development with 548 units approved. This community has seen $23M in recent upgrades including water, sewer, and fiber optic connectivity. NO IMPACT FEES in the County jurisdiction, which resides in FEMA-Certified Flood Zone X (500-year Protection). The Sebring community in Highlands County offers a prime location in central Florida that is within a 2-hour radius of Tampa, Orlando, Miami, Sarasota and Naples. Close proximity to the Airport, the Sebring International Raceway, Advent Health and Publix. The entire development can be acquired altogether or as separate CDO’s, with the option to create a scheduled takedown structure. Additionally, there is potential for some Owner-Financing with an experienced, qualified buyer. Contact Jim Engelmann and Jeff Clapacs with Commercial Partners Realty: Jim@CPRteam.com 813-508-4981 Jeff@CPRteam.com 813-833-0788
Property Taxes
| Parcel Number | C-15-35-30-071-00A0-0501 | Improvements Assessment | $0 |
| Land Assessment | $861,300 | Total Assessment | $861,300 |
Property Taxes
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1705 Duane Palmer Blvd
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