1001 Lakeview Dr Sebring, FL 33870
Sebring AreaEstimated payment $27,125/month
Highlights
- Lake Waterfront
- 3.04 Acre Lot
- No HOA
About This Home
RARE SEBRING INVESTMENT/REDEVELOPMENT OPPORTUNITY! Former Sunset Beach Motel at US 27 & Lakeview Dr offers 42 units on 3± acres at a highly visible hard corner with 297± FT of frontage on beautiful Lake Jackson. Surrounded by major retailers/services including Publix, Bealls Outlet, Popeyes, Verizon & CVS. Existing improvements & infrastructure provide tremendous value as construction, utility & development costs continue to rise. Renovate/stabilize the 42 units for income while positioning this prime site for future redevelopment. Owner pro forma based on $800/unit/mo, 10% vacancy & 35% expenses projects $235,872 NOI. One building has a newer metal roof; additional updating needed. Exceptional potential for upscale hotel/resort, timeshare, lakefront restaurant, retail or mixed commercial redevelopment, subject to approvals. Sebring continues expanding with new residential, industrial & national brands including BJ’s Wholesale, First Watch, Wawa & Culver’s, driving demand for lodging, retail & services. Secure this irreplaceable lakefront commercial site while existing improvements offer holding-income potential. BUY THE LOCATION, IMPROVE THE INCOME & POSITION FOR THE FUTURE! Buyer to verify zoning, uses, measurements & financials.
Listing Agent
ADVANTAGE REALTY 1 Brokerage Phone: 863-386-1111 License #3629146 Listed on: 08/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,635
Year Built
- Built in 1972
Lot Details
- 3.04 Acre Lot
- Lot Dimensions are 316x415
- Lake Waterfront
- Lake Front
Home Design
- Quadruplex
- Slab Foundation
- Metal Roof
- Block Exterior
Interior Spaces
- 17,537 Sq Ft Home
- Lake Views
Outdoor Features
- Access To Lake
Utilities
- Cooling System Mounted To A Wall/Window
- Heat Pump System
- Cable TV Available
Community Details
- No Home Owners Association
- 5 Buildings
- Sunset Beach Sub Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 39 / 3
- Assessor Parcel Number S-32-34-29-070-0030-0390
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,103 | $932,020 | $932,020 | |
| 2024 | $19,330 | $933,995 | $933,995 | |
| 2023 | $19,330 | $891,267 | $0 | $0 |
| 2022 | $17,398 | $821,323 | $0 | $821,323 |
| 2021 | $16,212 | $736,585 | $0 | $736,585 |
| 2020 | $15,778 | $739,208 | $0 | $0 |
| 2019 | $15,986 | $739,208 | $0 | $0 |
| 2018 | $15,851 | $733,316 | $0 | $0 |
| 2017 | $17,691 | $888,845 | $0 | $0 |
| 2016 | $18,659 | $875,969 | $0 | $0 |
| 2015 | $18,156 | $842,050 | $0 | $0 |
| 2014 | $18,322 | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2026 08/10/26 | For Sale | $4,500,000 | 0.0% | $257 / Sq Ft |
| 06/30/2025 06/30/25 | For Rent | $800 | -20.0% | -- |
| 03/16/2021 03/16/21 | Rented | $1,000 | -28.6% | -- |
| 03/16/2021 03/16/21 | Rented | $1,400 | 0.0% | -- |
| 02/14/2021 02/14/21 | Under Contract | -- | -- | -- |
| 02/14/2021 02/14/21 | Under Contract | -- | -- | -- |
| 01/02/2014 01/02/14 | For Rent | $1,400 | +40.0% | -- |
| 07/20/2012 07/20/12 | For Rent | $1,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $875,000 | Attorney |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $875,000 | Future Advance Clause Open End Mortgage |
Source: Stellar MLS
MLS Number: L4964161
APN: S-32-34-29-070-0030-0390
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Ask me questions while you tour the home.