3621 Cemetery Rd Sebring, FL 33870
This exceptional 14.73-acre parcel, located at 3621 Cemetery Road in Sebring, Florida, presents a compelling investment opportunity. Zoned R3PD, this property offers significant potential for multi-family development, with preliminary site plans suggesting the possibility of constructing over 112 units. The asking price of $450,000 translates to an attractive estimated cost per unit, making this a highly competitive offering in the growing South Central Florida market. Situated just minutes from Sebring's historic downtown area, the land benefits from convenient proximity to restaurants and shopping amenities. The property's APN is C-21-34-29-050-0450-0000. This large lot provides ample space for a substantial development project, catering to the increasing demand for housing in the region. The property's location in Highlands County, Florida, and its R3PD zoning designation ensure a clear path for multi-family construction. Detailed information, including the preliminary site plan, is available upon request. This is a rare opportunity to acquire a large, well-located parcel of land with significant upside potential in a thriving market. Don't miss out on this chance to secure a prime piece of real estate in Sebring, Florida.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.