124 acres situated in City of Sebring with access of US 27 & SR 66 comprised of two parcels 88 acres and 44 acres with 1,342 linear feet of direct frontage on US 27. Sebring has supported townhouse development with commercial component on the 80 acre parcel; 28.7 acres of commercial (300,000 SF) and 51.3 acres of multifamily (12 units per acre or 612 units). 44 acre parcel offers access on SR 66 & access to Lake Josephine via canal with +/- 1,800 linear feet along the Lake Josephine canal. There's +/- 20 acres of beautiful old oaks hammocks mostly on the 44 acre parcel. Property is located less than 4 miles from Sebring International Raceway one of the oldest continuously operating race tracks in the US, since 1950, host of 12 Hours of Sebring and one of the classic race tracks in North America. This property offers wide range of opportunities from conventional residential and commercial development to recreational sporting and racing related uses. Considering the properties access and Florida's explosive growth in the industrial sector perhaps the highest and best use is industrial, please contact City of Sebring for more information, there is an industrial park just north of the property Properties strategically located between two growing populations; Lake Placid and Sebring / Avon Park. Highlands County, Florida's estimated 2024 population is 109,579 with a growth rate of 1.83% in the past year according to the most recent United States census data.