$1,950,000

2250 Covington Rd Sebring, FL 33870

14.7 acres
Land

Property details

About 2250 Covington Rd

Prime 15± Acre Hard Corner Multi-Family Development Site – Sebring, FL 275± Units | Only $7,091 Per Unit – Priced for Immediate Sale! Don’t miss this rare opportunity to secure a premier development site in one of Sebring’s most strategic, high-growth locations. Positioned directly on a hard corner with over 300 feet of frontage on Sebring Parkway, this property offers unmatched visibility and access for a state-of-the-art multi-family community or mixed-use development. Plus 1000+Ft on Scenic Hwy facing the New Budweiser Showplace Facility adding a special element to this superb location. Just 1.5± miles from Sebring’s Walmart and surrounded by national retailers including Chick-fil-A, WaWa (4 locations), Chipotle, and Rural King—with more on the way—this site sits in the highest-traffic retail corridor in the region. Investors and developers alike are recognizing Sebring's impressive growth potential, and this is your chance to join them. With zoning that supports approximately 275 units, the land is priced at only $7,091 per unit—an exceptional value for this location. Act now to take advantage of Sebring’s ongoing transformation, fueled by Florida’s new wave of industrial expansion. Major players like Amazon are already establishing a presence, further increasing future demand for housing and retail services. Future upside: As DOT expands the surrounding Highways to accommodate the eminent growth, consider rezoning the hard corner for high-value commercial uses such as a convenience store (WaWa-type $1M+/acre user) or professional services like an eye care center—while developing the remaining parcel through a joint venture with an established multi-family builder. Multiple Comps are available upon request like the 300 unit parcel on the other side of Budweiser recently listing and SOLD by our firm plus see aerials of surrounding New Communities presently being developed: Stone Ridge, Watersedge Resort, Rocklyn Townhomes, etc. Whether you're a seasoned developer or a savvy investor seeking exceptional returns, this 15± acre flagship parcel offers the ideal foundation for a dynamic and profitable project. Opportunities like this don’t wait. Stake your claim in Sebring’s future—before someone else does.

Highlights

Home typeOther
StatusActive
Lot size14.7 Acres
MLS #314891

Virtual tour

Summary

  • List Price: $1,950,000
  • Annual Tax Amount: $8,386
  • Tax Year: 2023
  • Lot: City Lot, Cleared
  • Directions: From 743 US Hwy 27 S, Head North on Hwy 27, Turn right onto Sebring Parkway, Property is on left adjacent to Budweiser.
  • Lot Size: 14.7 Acres
  • MLS Number: 314891
  • MLS Name: HeartlandFL
  • Office Name: ADVANTAGE REALTY #1
  • Office Phone: (863) 386-0303
  • Office Email: gregadvantagerealty@gmail.com

Broker Reciprocity The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with a Broker Reciprocity logo provided. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2025 Heartland Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 3:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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2250 Covington Rd, Sebring, FL 33870

$1,950,000

2250 Covington Rd

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Price information

Property sales

DateEventPrice
Oct 12, 2021
Home Sold
$725,000
Jun 11, 2015
Home Sold
$215,000
Jul 07, 2005
Home Sold
$500,000
Jul 17, 2001
Home Sold
$17,900

Tax history

YearAssessmentProperty Tax
2023$422,400$8,386
2022$422,400$8,336
2021$422,400$8,336
2019$211,200$4,287
2017$211,200$4,381

History based on county public records data.

Nearby schools

6

Woodlawn Elementary School

Public District PK-5

2.1 mi

817 Woodlawn Dr

3

Memorial Elementary School

Public District PK-5

2.5 mi

867 Memorial Dr

6

Sun'N Lake Elementary School

Public District PK-5

2.6 mi

4515 Ponce De Leon Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,726. Typical income of Sebring, FL residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

24%
<35k
62%
35k-100k
13%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
13%
Single, with Kids
30%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
8%
12-17 yrs old
16%
18-34 yrs old
40%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NASCARNASCAR
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dollar GeneralDollar General
  • KmartKmart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • BuickBuick
  • RamRam
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2250 Covington Rd

The listing price of 2250 Covington Rd property is $1,950,000.

The property 2250 Covington Rd is land located in Sebring, Florida, 33870.

Active Listing: 2250 Covington Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2250 Covington Rd are: Woodlawn Elementary School (GreatSchools Rating 6/10), Memorial Elementary School (GreatSchools Rating 3/10), Sun'N Lake Elementary School (GreatSchools Rating 6/10), Hill Gustat Middle School (GreatSchools Rating 5/10), Sebring Middle School (GreatSchools Rating 5/10), Avon Park Middle School (GreatSchools Rating 4/10), Sebring High School (GreatSchools Rating 3/10), Highlands Virtual School (GreatSchools Rating 3/10), The Academy at Youth Care Lane (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $8,386 (source: MLS/based on county public records data).

The last sale was on October 12, 2021 for $725,000 (source: MLS/tax record).

The property 2250 Covington Rd is 14.7 acres.

This home is located at 2250 Covington Rd in Sebring, FL and zip code 33870. Features: 0 bathroom. It has been listed on Rocket Homes since May 3, 2025 and is currently priced at $1,950,000.

While more than 7 listings in Sebring, FL in May 2025 were sold above asking price, there were more than 26 listings sold at asking price, and more than 82 were sold below. In May 2025 in Sebring, FL there were 5.5% more homes for sale than in April. In May 2025 median list price was $270,027 and the average listing age was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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