$4,500,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

1001 Lakeview Dr Sebring, FL 33870

Sebring Area

Estimated payment $27,125/month

Total Views 1,317
-- Beds
-- Baths
17,537 Sq Ft
$257 Price per Sq Ft

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

Steve Smith

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,635

Year Built

Built in 1972

Lot Details

3.04 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 17537
  • Lot Size Acres: 3.04
  • New Construction: No
  • Year Built: 1972
  • Lot Size Sq Ft: 132292
  • Status: Active
  • Ownership: Leasehold
  • Escrow State: FL
  • RATIO Current Price By Calculate: 256.60
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • MFR_DockYN: 0
  • Attribution Contact: 863-386-1111
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Foundation Details: Slab
  • Living Area Meters: 1629.24

Exterior Features

  • Exterior Features: Other, Sidewalk
  • Roof: Metal
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 1
  • Flood Zone Panel: 12055C0227C
  • Water Frontage Feet Lake: 1

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Heat Pump
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: MUQD
  • Parcel Number: S-32-34-29-070-0030-0390
  • Additional Parcels: No
  • Lot Dimensions: 316x415
  • Flood Zone Code: AE*

Rental Info

  • Terms Of Lease: Other

Tax Info

  • Tax Annual Amount: 20634.8
  • Tax Block: 3
  • Tax Book Number: 1-20
  • Tax Lot: 39

Multi Family

  • Waterfront Features: Lake Front
  • Total Num Buildings: 5
  • Unit Count: 0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 -- --
Source: Stellar MLS

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
Source: Public Records

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: Public Records

Source: Stellar MLS

MLS Number: L4964161

Stellar MLS

APN: S-32-34-29-070-0030-0390

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