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624 Duane Palmer Blvd - Sebring Resort 160 Unit Senior Living Campus

13.12 Acres of Commercial Land Offered at $3,200,000 in Sebring, FL 33876

Investment Highlights

  • Site Approved for 160 Units of Assisted Living and Independent Living Community
  • Wastewater Treatment Plant & Upgraded Flood Control and Pump Station
  • The award-winning “Eco Park” & Stormwater Retention Center
  • Great Location within the Sebring International Golf Community
  • Installation of 6.4 miles of new Sewer Mains by the Spring Lake District
  • Community amenities, including Golf Courses, Dog Parks, Pickleball courts, and other recreational spaces

Executive Summary

Man-made water bodies that can be filled in without any impact on wetlands or mitigation. Fill dirt is available on-site.

Property Facts

Price $3,200,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units - Senior
  • Healthcare
  • Hold For Development
Total Lot Size 13.12 AC

1 Lot Available

Lot

Price $3,200,000
Price Per AC $243,902
Lot Size 13.12 AC

13.12 Acre Assisted Living and Independent Living Development Opportunity in the heart of the Sebring International Golf Resort.

Description

KW Commercial and My ALF Consultant are offering exclusively this prime 13-acre senior living development opportunity: To learn more and for a video overview, please visit: https://myalfconsultant.com/places/sebring-international-resort-160-bed-senior-living-campus/ This exceptional property boasts a prime location at the main entrance to the Spring Lake master development and the newly renovated Sebring International Golf Resort. Widely considered one of the most coveted parcels available for sale in the Spring Lake area, it comes with existing approvals for the development of up to 160 units. These entitlements offer versatility, allowing for the development of villas, independent living apartments, assisted living, and/or memory care. Furthermore, these 160 units can be configured as private or semi-private and, therefore, can accommodate up to 320 beds. To help you better understand some of the available options and opportunities, we have created several conceptual designs with a variety of unit mix options, however, the development mix is flexible and can be customized to align with your specific design and vision. As an example, you can explore one of our conceptual brands, the “Senior Living Village”, known as Oasis Gardens at The Sebring International Golf Resort, by visiting oasissl.com This future Senior Living Village is located within Spring Lake, a designated “Improvement District” in Sebring FL. Over the past 6 years, an impressive $16M+ in infrastructure upgrades and capital projects have been facilitated or installed by the Improvement District, positioning the community for rapid growth and development. These projects include: ? Wastewater Treatment Plant (approx. $3,500,000) – Designed to serve up to 1,500 additional residences and capable of modular expansion by the District when needed. ? Installation of 6.4 miles of new Sewer Mains by the District (approx. $2,500,000) ? Upgraded Pump Station (approx. $500,000) – Equipped to maintain water levels across the 17+ miles of canals within the community and capable of pumping 250,000 GPM ? The award-winning “Eco Park” & Stormwater Retention Center (approx. $3,500,000) ? Community amenities, including Dog Parks, Pickleball courts, and other recreational spaces (approx. $200,000) ? Multiple other water enhancement system projects (approx. $6,000,000+) ? Installation of high-speed fiber optic internet installed (Partnership with Comcast) In addition to these already completed improvements, the District has a list of pending and future forthcoming projects that will further enhance the desirability of the community as a whole. One of the most noteworthy aspects of both the County and the District is their developer-friendly approach, always proactively seeking to “make a project happen” rather than “hinder” a project. We share their enthusiasm for the future of the Spring Lake area and, currently, there are no impact fees imposed by the local municipalities. Sebring, located in Highlands County, is strategically located at the center point of Florida. Sebring is best known for the Sebring International Raceway, one of the oldest and most prestigious major raceways in all of North America. Its signature event, the world-renowned “12 Hours of Sebring” endurance race has attracted top drivers and manufacturers since 1952. The quaint town is situated along the shores of Lake Jackson and offers a relaxed small-town feel, yet with all of the amenities and conveniences of a larger metropolitan area. Rich in history, the Historic Downtown is a treasure trove of unique boutiques, restaurants, and the beautifully restored Circle Theatre, drawing both local residents and visitors. Additionally, Sebring offers a plethora of recreational activities, including boating, fishing, golfing, and more, thanks to its picturesque lakes and green spaces. This perfectly positioned 13-acre parcel is situated directly off of US Hwy 98, at the entrance to the Sebring International Golf Course within the Spring Lake District. The Spring Lake Improvement District, often referred to as just “Spring Lake”, is a special taxing district responsible for vital services such as water management, road maintenance, and recreational amenities for the residents of Spring Lake. We invite you to contact us for information on how this unique location offers developers distinct advantages over other areas in Florida as a whole.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C-16-35-30-010-00A0-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$27,412

zoning

Zoning Code AU (Approved 160 units of Assisted Living and Independent Living Campus.)
AU (Approved 160 units of Assisted Living and Independent Living Campus.)
  • Listing ID: 29758747

  • Date on Market: 10/11/2023

  • Last Updated:

  • Address: 624 Duane Palmer Blvd, Sebring, FL 33876

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