12360 US Highway 27 S - Apartments FOR SALE


Sebring, FL 33876
$449,000 USD
863-446-1280
12360 US Highway 27 S, Sebring, FL for Sale
$449,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

12360 US Highway 27 S
Sebring, FL 33876


HIGHLIGHTS

  • High Traffic Count
  • Featured HGTV
  • Multi Family
  • Office Hub

OVERVIEW

Prime Highway 27 Redevelopment Opportunity Vacant | Commercial Zoning | Multifamily Expansion Potential This exceptional redevelopment asset offers a rare convergence of commercial visibility, multifamily scalability, and vacant possession in one of Highlands County’s most traveled corridors. Located directly on Highway 27 between Sebring and Lake Placid, the property benefits from strong daily traffic counts, prominent frontage, and seamless regional connectivity. The property is currently completely vacant, allowing for immediate repositioning or redevelopment without operational disruption. Formerly configured as a 4-unit apartment building, the structure and zoning present the potential to expand offering a compelling value-add opportunity for investors seeking increased density and long-term cash flow. Equally significant is the site’s commercial zoning, positioning it as an ideal candidate for a professional office hub, medical or administrative use, mixed-use concept, or business headquarters. The strategic Highway 27 placement provides exceptional exposure and accessibility, making the property well-suited for businesses requiring visibility, convenience, and a central location within the Sebring–Lake Placid corridor. With multiple viable redevelopment paths—commercial, multifamily, or hybrid mixed-use—this asset presents a flexible investment platform for buyers with vision and execution capability. Opportunities offering this level of location, zoning versatility, and redevelopment upside are increasingly scarce in this market. This is a high-impact acquisition for investors seeking to create scale, reposition value, and capitalize on one of the area’s most recognizable transportation corridors.

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$77 USD /SF

# OF UNITS

4

PRICE/UNIT

$112,250

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi Office Hub - Multi Family

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,130 SF

ZONING

B2

APN/PARCEL ID

C-34-35-29-020-0000-0080

ASK ABOUT THIS PROPERTY

Drew BishopKeller Williams Realty Fort Myers and the IslandsMore Info
863-446-1280

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Drew BishopKeller Williams Realty Fort Myers and the IslandsMore Info
863-446-1280

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.