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3050 Desoto City Rd - 309 Units Approved Apartment & Town Home Dev 38.73 Acres of Residential Land Offered at $1,600,000 in Sebring, FL 33870
Investment Highlights
- Near Hospital & Shopping
- Near US Hwy 27 and Sebring Parkway
- Sebring is growing with 2 hospitals, 2 Walmart Supercenters, 3 WAWAs
- Close proximity to Sebring High school and Lake Jackson Fishing Pier
- Convenient to Airport and famous NASCAR Sebring International Raceway
- HGTV selected Sebring and has aired 6 episodes!
Executive Summary
Close proximity to restaurants, shopping, and other facilities: restaurants and Shopping 1.5 mile; HCA Florida Highlands Hospital and surrounding clinics 1.6 mile; new WAWA 1.5 mile, Lake Jackson Fishing Pier & lakefront park 3.3 miles; Sebring International Raceway 5.5 miles; Amtrak Sebring Station 3.1 miles; Sebring High School 2.4 miles. Great location and very convenient!
The Property is in Opportunity Zone! For investments held for at least 10 years, investors pay no taxes on any capital gains produced through their investment in Opportunity Funds.
President Trump signed legislation in July 2025 to renew and make the Opportunity Zones program permanent. This legislation, called the "One Big Beautiful Bill Act," extends the program indefinitely and introduces new provisions for a modernized version of the incentive, known as OZ 2.0.
Permanent extension: The original program was set to expire at the end of 2026, but the new law removes the sunset provision, making it a permanent part of the tax code.
The Property is in Opportunity Zone! For investments held for at least 10 years, investors pay no taxes on any capital gains produced through their investment in Opportunity Funds.
President Trump signed legislation in July 2025 to renew and make the Opportunity Zones program permanent. This legislation, called the "One Big Beautiful Bill Act," extends the program indefinitely and introduces new provisions for a modernized version of the incentive, known as OZ 2.0.
Permanent extension: The original program was set to expire at the end of 2026, but the new law removes the sunset provision, making it a permanent part of the tax code.
Property Facts
| Price | $1,600,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 38.73 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | Apartment-Town Home Dev - RM Land Use, 8 du/ac | ||
| Price | $1,600,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 38.73 AC |
| Opportunity Zone |
Yes |
| Zoning | Apartment-Town Home Dev - RM Land Use, 8 du/ac |
1 Lot Available
Lot 1
| Price | $1,600,000 | Lot Size | 38.73 AC |
| Price Per AC | $41,311.64 |
| Price | $1,600,000 |
| Price Per AC | $41,311.64 |
| Lot Size | 38.73 AC |
A square parcel NEQ of DeSoto Rd and DeSoto City Rd conveniently located near HCA Hospital 1.5 mile, Winn Dixie 1.4 mile, and Publix 1.7 mile! Approved for 309 units, best for 200 du Apartment & 109 du Town Home development ! Opportunity Zone!
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | C-34-34-29-020-0490-0000 | Improvements Assessment | $88 |
| Land Assessment | $580,950 | Total Assessment | $581,038 |
Property Taxes
Parcel Number
C-34-34-29-020-0490-0000
Land Assessment
$580,950
Improvements Assessment
$88
Total Assessment
$581,038
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Global Properties
3050 Desoto City Rd - 309 Units Approved Apartment & Town Home Dev
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