Active · Land

PANTHER PARKWAY

SEBRING, FL 33870

$1,091,200

Beds

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Baths

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Area

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LandBuilt null865,102 sqft lot44 days on market

About this home

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.

Facts & features

Exterior & lot

Lot size: 865,102 sqft (19.86 ac)

Financial

Annual tax: $177 (2025)

Utilities

Water: None
Sewer: Public Sewer
Utilities: Electricity Available, Sewer Available, Water Available

Property

Property type: Land
County: Highlands

Listing

Status: Active
Days on market: Today
MLS #: MFR793823464
Source: Stellar MLS

Listed by Paul Linder · SAUNDERS REAL ESTATE, LLC

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQEstimate

Sample estimate — not an appraisal

$1.16M

+5.9% vs asking

$1.09M low$1.22M high

Based on 29 comparable sales within 3 miles of SEBRING, FL. priced under RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA

Down payment (%)

Interest rate (%)

Loan term (yrs)

Property tax (% / yr)

Home insurance ($ / yr)

HOA dues ($ / mo)

Estimated monthly payment$6,826/mo

Principal & interest: $5,808/mo
Property tax: $818/mo
Home insurance: $200/mo

Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.