$270,000
$5K PRICE DROP

2019 Colmar Ave Sebring, FL 33870

Estimated payment $1,656/month

Total Views 3,885
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Room in yard for a pool
  • Patio
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • 1-Story Property

About This Home

Prime Investment Opportunity in Sebring, FL! This fully rented duplex offers immediate income and long-term upside. Each 2-bedroom, 1-bath unit is approx. 850 sq ft. The 2021 unit features a fully renovated kitchen and bathroom, while the 2019 unit includes new appliances. Both units have been freshly painted, upgraded with modern lighting, and have efficient A/C systems. No flood insurance required. Conveniently located near shopping, dining, and schools—ideal for attracting quality tenants. Zoned MULTI-FAM UNITS. Cap rate 8.8%. First-time homebuyers are also welcome. CASH OR FINANCING - NO SELLER FINANCE. 24-hour notice required for showings.

Listing Agent

Branly Hernandez Morales

LPT Realty, LLC License #3413728 Listed on: 07/18/2025

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,041

Year Built

  • Built in 1978

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number S-33-34-29-021-0030-0100

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Altamont Place Add Condos
  • Altamont Place Add Subdivision

Building Details

  • Operating Expense $3,000
  • Net Operating Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,041

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1978
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Altamont Place Add
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 270000
  • InternetRemarks: Prime Investment Opportunity in Sebring, FL where investors can enjoy a CAP RATE 8.8%
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: Room For Pool
  • Construction Type: Concrete Block Construction, CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Altamont Place Add
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: S-33-34-29-021-0030-0100
  • Zoning: 08 - MULTI-FAM <10 U

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 25800
  • Number Of Units In Community: 2
  • Annual Operating Expense: 3000
  • Total Actual Rent: 2400

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3041

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,134 $133,910 $5,925 $127,985
2024 $2,812 $136,896 $3,950 $132,946
2023 $2,812 $103,905 $0 $0
2022 $2,490 $94,459 $3,950 $90,509
2021 $1,709 $64,051 $3,950 $60,101
2020 $1,495 $56,801 $0 $0
2019 $1,382 $47,686 $0 $0
2018 $1,301 $48,846 $0 $0
2017 $1,222 $45,581 $0 $0
2016 $1,085 $31,888 $0 $0
2015 $1,096 $33,025 $0 $0
2014 $1,064 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2025 11/01/25 Rented $1,100 0.0% --
10/15/2025 10/15/25 Off Market $1,100 -- --
08/29/2025 08/29/25 Price Changed $1,100 0.0% $1 / Sq Ft
08/08/2025 08/08/25 Price Changed $270,000 0.0% --
08/08/2025 08/08/25 For Rent $1,150 0.0% --
07/18/2025 07/18/25 For Sale $275,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $190,000 C & C Title Agency
Warranty Deed $190,000 C & C Title Agency
Warranty Deed $75,000 Attorney
Warranty Deed $39,000 Heartland Title Ins Agency C
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $31,200 No Value Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11842638

MIAMI REALTORS® MLS

APN: S-33-34-29-021-0030-0100

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