1877 ARBUCKLE CREEK RD, Sebring, FL 33870

This waterfront townhome development includes three completed units that have been issued certificates of occupancy. Each home is a three-story design with a garage, kitchen, laundry, living room with 20-foot soaring ceilings, balcony, and a lakeview primary suite. The basement level includes additional living space with walk-out doors to a screened porch, while the upper level provides two bedrooms, a bathroom, and an open loft area. Finishes noted include granite countertops, staggered cabinetry, rounded corners, crown molding, and upgraded fixtures. The roof system is metal with a barrel-tile appearance and includes a stated 60-year warranty. Association documents and the association corporation have been formed and approved by the state for transfer to a new owner.

The development is set on 2.5 acres with more than 210 feet of frontage on Dinner Lake. Over $4 million has already been invested in site infrastructure, including roads, underground electric, irrigation, a lift station, and central water and sewer extended to individual lots. The adjoining 2.5 acres may be included for a total of 5 acres, and it was originally slated for a Phase II expansion.

For developers and investors, the practical advantage here is that the work is already underway and completed units are available, with infrastructure extended to lots ready for continued construction. The current site plan supports construction of 17 additional units, and the optional Phase II land is described as having potential for up to 31 additional units. The Phase II parcel also presents possibilities for HOA community amenities such as a clubhouse, pool, and common areas, as outlined in the development materials.