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About this home
Panther Parkway is a home Sebring. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
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.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,091,200
Time on market
126 days
Monthly payment
About $6,251/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $177 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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