Prime ±38.75-acre development opportunity located along the rapidly growing Memorial Drive corridor in Highlands County. This Planned Unit Development (PUD) site offers exceptional upside potential for residential or mixed-use development in a high-demand Central Florida market. The property features approximately 1,300 feet of direct frontage on Memorial Drive, providing excellent visibility and accessibility. The site is partially cleared, allowing for a more efficient and cost-effective development process, and benefits from nearby access to water and sewer utilities—ideal for streamlined project planning and execution. With flexible zoning in place, this parcel is well-suited for a single-family residential community, investment hold, or future phased development. The expansive acreage offers versatility in site design while still maintaining proximity to local amenities, schools, and major transportation routes. Located in a steadily expanding area of Highlands County, this property presents a rare opportunity for developers, builders, and investors seeking scale, location, and long-term growth potential in Central Florida.