21 days on rocket

2250 Covington Rd, Sebring, FL, 33870

$2,200,000

15.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #300392
Lot Size15.00 Acres
StatusActive

About 2250 Covington Rd

Welcome to a prime real estate opportunity spanning over 15 acres, presenting an approved Large Development Site for an impressive 275 units. This expansive property is strategically positioned at a hard corner intersection, making it an ideal location for a Multi-Family development. Benefiting from its proximity to major big box stores along the bustling North/South Highway 27, this parcel offers unparalleled convenience within minutes of shopping, dining, and entertainment options. The site's central location enhances its accessibility and attractiveness to potential residents, making it a highly sought-after investment opportunity. Utilities are readily available, with city water ensuring a reliable water supply and gravity-fed sewer providing an efficient waste management solution. These essential amenities contribute to the seamless development and operation of a thriving community on this spacious and well-situated property. Whether you are an experienced developer seeking a promising project or an investor looking for a lucrative opportunity, this 15-acre parcel stands as a testament to the potential for growth and prosperity. Don't miss the chance to be part of a visionary development in a location primed for success.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty Fort Myers and the Islands
  • Office Phone: (239) 236-4350

Virtual/3D Tour

  • Virtual Tour: 2250 Covington Rd
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Lot Features

Lot Information:

  • Lot: City Lot, Other, See Remarks, Cleared
  • Lot Size: 15.00 Acres

Other

Directions Information:

  • Directions: US 27 to Sebring Parkway. Property is on corner of Sebring Parkway and Scenic Hwy

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000

Tax Information:

  • Annual Amount: $4,275
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sebring, FL.

Med. Sold Price

$269.2K

Med. Price/SqFt

$174

Avg. Days On Market

70

# of Sold Homes

101

2250 Covington Rd vs Sebring

21 DAYS ON ROCKET

-49 Days

$2,200,000

+$1.9M More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price in Sebring, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HeartlandFL
  • MLS Number: #300392

Listing Office:

  • Office Name: Keller Williams Realty Fort Myers and the Islands
  • Office Phone: (239) 236-4350

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 2024 Highlands 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: 12/18/2024, 2:16:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

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

Tax History

YEARPROP. TAXASSESSMENT
2020$4,275$211,200
2019$4,287$211,200
2017$4,382$211,200

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7555
5
/10
  • Woodlawn Elementary School

  • 817 Woodlawn Dr

  • 2.13 miles

  • Public District Grades PK-5

school-card-donut-7556
4
/10
  • Memorial Elementary School

  • 867 Memorial Dr

  • 2.55 miles

  • Public District Grades PK-5

school-card-donut-7557
6
/10
  • Sun'N Lake Elementary School

  • 4515 Ponce De Leon Blvd

  • 2.62 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,726. Residents of Sebring, FL typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2250 Covington Rd

What is the listing price of this property?

The listing price of 2250 Covington Rd property is $2,200,000.

What type of property is this?

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

Is this property for sale now?

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

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,275 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

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

How much acreage is this property?

The property 2250 Covington Rd is 15.00 acres.
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Rocket HomesFloridaHighlands CountySebring338702250 Covington Rd

This home is located at 2250 Covington Rd in Sebring, FL and zip code 33870. This home sits on a 15.00 acre lot. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $2,200,000.

In November 2024 more than 9 listings in Sebring, FL were sold above the asking price. During the same period more than 36 listings were sold at asking price, while more than 53 were sold below. The number of listings in Sebring, FL increased by 1.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 70 days, the median list price was $269,227.

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

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