$2,845,350
●
Land -
Off Market
2400 Ashbury Drive
Sebring, FL 33870
Studio
0 Bath
$22,297
Est. Monthly
About This Property
63+/- acre R-3 Multi-Family Site Accented Nicely with C-1
Corner/Prime Parkway Frontage with a smaller R1A Single Family
portion nestled a little closer to the beautiful Lake Jackson! All
this coveted property is framed with 4,290+Feet on Sebring's Newest
& busiest thorough fare only 1.5 miles from the Highest Traffic
Count in Highlands County at Walmart US 27/Sebring Parkway
Intersection. Easy to Develop as site is Annexed to the City of
Sebring to receive Water & Sewer that runs along the Parkway. 14.35
acres R-1A (3.48 DU/AC), 13.84 Acres C-1, 32.39 Acres R-3 (12
DU/AC), and 3.47 Acres AU(not annexed). EXTREME PRIME EXPOSURE on
SEBRING PARKWAY!!! Don't wait... this parcel is "HOT" and sure to
receive multiple offers like the last adjacent site we listed &
sold within days on market!
Unit Size
-
Days on Market
535 days
Land Size
63.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$98
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 9 months ago (Beaches MLS #F10451278)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2026 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by Advantage Realty #1 | $4,520,945 | |
| Listed by Advantage Realty #1 | |||
| Jun 28, 2024 | Price Increased |
$4,520,945
↑ $411K
(10%) | |
| Price Increased | |||
| May 29, 2024 | Listed by ADVANTAGE REALTY 1 | $4,109,950 | |
| Listed by ADVANTAGE REALTY 1 | |||
| | |||
|
63+/- acre Premium R-3 Multi-Family Site Accented Nicely with C-1 Corner/Prime Parkway Frontage not to mention a smaller R1A Single Family portion nestled a little closer to the beautiful Lake Jackson! All this coveted property is framed with 4,290+Feet on Sebrings Newest & busiest thorough fare only 1.5 miles from the Highest Traffic Count in Highlands County at Walmart US 27/Sebring Parkway Intersection. Easy to Develop as site is Annexed to the City of Sebring to receive Water & Sewer that runs along the Parkway. 14.35 acres R-1A (3.48 DU/AC), 13.84 Acres C-1, 32.39 Acres R-3 (12 DU/AC), and 3.47 Acres AU(not annexed). EXTREME PRIME EXPOSURE on SEBRING PARKWAY!!! Don't wait.., this parcel is “HOT” and sure to receive multiple offers like the last adjacent site we listed & sold within days on market!
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sebring
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Listed by: Gregory S Karlson
Advantage Realty #1
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# F10451278
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Advantage Realty #1
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# F10451278
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