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.
Lot/land
$1,091,200
PANTHER PARKWAY, SEBRING, FL 33870
--beds
0baths
19.86Acres
Unimproved Land
Built in ----
19.86 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Clean rectangular configurationFlat topographyPrime infill locationDual-road frontage
- 104 days
- 10
- 2
Zillow last checked:
Listing updated:
Listed by:
Paul Linder 863-287-3281,
SAUNDERS REAL ESTATE, LLC 863-648-1528
Source: Stellar MLS,MLS#: TB8520342
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Lot
- Size: 19.86 Acres
- Dimensions: 925 x 1500
- Features: Buildable, Cleared, City Lot
Details
- Parcel number: S133428A0000500000
- Zoning: R3
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: None
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Pet fee: $0 monthly
HOA
- Has HOA: No
Location
- Region: Sebring
Financial & listing details
- Annual tax amount: $176
- Date on market: 6/17/2026
- Cumulative days on market: 51 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $1,091,200 |
Source: | ||
Public tax history
Tax history is unavailable.










