NOT LISTED FOR SALE

1837 Rainbow Ave Sebring, FL 33870

Estimated Value: $31,361 - $160,000

0.52 Acres
$166,576 Price per Acre
22,520 Sq Ft Lot

Sale Details

Date Sold: January 14, 2025

Last sale price $31,000

Est. 178% increase in value since last sale

Current estimated payment $478 / mo

116 Days on Market

Highlights

  • 0.52 Acre Lot
  • No HOA
  • Interior Lot

About This Lot

As of January 2025

Attention Investors! With rising land improvement costs, this multifamily lot offers a cost-effective and time-saving opportunity. Spanning over half an acre and measuring 150 x 150, this partially cleared parcel is ideal for your next multifamily project—no septic system required! It has access to central water and sewer services. Don’t miss your chance to acquire this prime half-acre lot within the historic city limits of Sebring!

Last Agent to Sell the Property

Lazaro Martinez

Hammock Realty License #3154284 Listed on: 08/28/2024

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $168

Lot Details

  • 22,520 Sq Ft Lot
  • Interior Lot
  • Zoning described as R2

Location

  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number S-33-34-29-100-1530-0060

Property Details

Property Type

Land

Est. Annual Taxes

$168

Lot Details

0.52 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Land
  • Lot Size Acres: 0.517
  • Road Surface Type: Paved
  • Directions: FROM HWY 27 TO EAST ON LAKEVIEW DR TO RIGHT ON KENILWORTH BLVD TO RIGHT ON RAINBOW AVE TO PROPERTY ON THE RIGHT.
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot, Interior Lot, Public Road
  • Exterior Features: None

Utilities

  • Utilities: Electricity Available, See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 22520.0
  • Additional Parcels Description: ,,
  • Parcel #: S-33-34-29-100-1530-0060
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 167.58
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2025
Sold by
Martinez Posadas Delmy Marisol and Soto Guerrero Francisco Antonio
Bought by
Pasadas Delmy Marisol Mart
Current Estimated Value
$86,120

Purchase Details

Listed on
Aug 28, 2024
Closed on
Jan 14, 2025
Sold by
Renner Rebecca Ann
Bought by
Posadas Delmy Marisol Mart and Guerrero Francisco Antonio
Seller's Agent
Lazaro Martinez
Hammock Realty
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$36,500
Sold Price
$31,000
Premium/Discount to List
-$5,500
-15.07%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
131.06%

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 11, 2022
Sold by
Perez Melendez Aneudy and Ma Shayra
Bought by
Renner Rebecca Ann
Seller's Agent
Maria Quintero
AGENT TRUST REALTY CORPORATION
Buyer's Agent
Maria Quintero
AGENT TRUST REALTY CORPORATION
List Price
$19,500
Sold Price
$17,000
Premium/Discount to List
-$2,500
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.42%

Purchase Details

Closed on
Aug 6, 2021
Sold by
Direct Land Buyers Llc
Bought by
Melendez Aneudy Perez and Nazario Shayra Isabel

Purchase Details

Closed on
Jan 27, 2011
Sold by
Eloi Lourdes St Cloud
Bought by
Maler George A

Purchase Details

Closed on
Jun 30, 2005
Sold by
Cooper Warren S and Hayes Matthew
Bought by
Eloi Lourdes St Cloud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
13%
Mortgage Type
Balloon

Purchase Details

Closed on
May 14, 2004
Sold by
Hayes Cephas
Bought by
Cooper Warren S and Hayes Matthew
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pasadas Delmy Marisol Mart $100 Pinnacle Title Services
Posadas Delmy Marisol Mart $31,000 C & C Title Agency Inc
Posadas Delmy Marisol Mart $31,000 C & C Title Agency Inc
Renner Rebecca Ann $17,000 Ronnie Henderson Pa
Melendez Aneudy Perez $8,000 Equity Title Llc
Direct Land Buyers Llc $3,500 Equity Title Llc
Maler George A -- Attorney
Eloi Lourdes St Cloud $126,000 Security First Title Partner
Cooper Warren S $18,000 American Service Title & Esc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eloi Lourdes St Cloud $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2025 01/14/25 Sold $31,000 -15.1% --
12/22/2024 12/22/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $36,500 +114.7% --
04/18/2022 04/18/22 Sold $17,000 -12.8% -- View Prior Sale
03/24/2022 03/24/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $19,500 -- --
Source: Heartland Association of REALTORS®

Tax History

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 $170 $11,250 $11,250 --
2024 $168 $7,500 $7,500 --
2023 $168 $7,500 $7,500 $0
2022 $165 $7,500 $7,500 $0
2021 $162 $7,500 $7,500 $0
2020 $159 $7,500 $0 $0
2019 $159 $7,500 $0 $0
2018 $160 $7,500 $0 $0
2017 $160 $7,500 $0 $0
2016 $160 $7,500 $0 $0
2015 $161 $7,500 $0 $0
2014 $163 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lazaro Martinez

    Seller's Agent in 2025

    Lazaro Martinez

    Hammock Realty

    (863) 458-0532

    130 in this area

    369 Total Sales

    Lazaro Martinez
    Section Image

  • S

    Buyer's Agent in 2025

    SEBRING NON MLS

    NON-MLS OFFICE

  • Maria Quintero

    Seller's Agent in 2022

    Maria Quintero

    AGENT TRUST REALTY CORPORATION

    (407) 954-2888

    1 in this area

    21 Total Sales

    Maria Quintero
    Section Image
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Map

Source: Heartland Association of REALTORS®

MLS Number: 307382

Heartland Association of REALTORS®

APN: S-33-34-29-100-1530-0060

Florida Highlands County Sebring 33870

1837 Rainbow Ave, Sebring, FL

Not Listed for Sale

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