NOT LISTED FOR SALE

227 S Orange St Sebring, FL 33870

2 Beds
1 Bath
665 Sq Ft
0.3 Acres

Last Sold June 13, 2023

Last sale price $155,000 $233 Per Sq Ft

Highlights

  • No HOA
  • Ceiling Fan
  • 1-Story Property
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

About This Home

As of March 2025

Fully occupied triplex for sale located in downtown Sebring, FL. This well-maintained property consists of one 2-bedroom, 1-bathroom apartment and two studio apartments, all currently leased to reliable tenants on annual leases. The 2/1 unit rents for $1,000 per month, and each studio rents for $875 per month. All tenants pay their own water and electric bills, keeping expenses low for the owner. The property also features a coin-operated laundry machine that provides additional income. Each unit is equipped with a stainless steel refrigerator and stove, and the interiors feature durable terrazzo flooring throughout. There is plenty of parking available for tenants, and the property’s downtown location offers convenient access to shops, dining, and local attractions. This is a turnkey investment opportunity generating consistent income in the heart of Sebring.

Last Agent to Rent the Property

Julian Chavez

IBUY SFL License #3361006 Listed on: 03/25/2025

Last Renter's Agent

Julian Chavez

IBUY SFL License #3361006 Listed on: 03/25/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1960

Lot Details

  • 0.3

Interior Spaces

  • 665 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Window Unit Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 3/25/25
  • Assessor Parcel Number S-29-34-29-040-0560-0160

Property Details

Home Type

Apartment

Year Built

Built in 1960

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-03-25

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Road Surface Type: Paved
  • Directions: From US Hwy 27 and Lakeview Drive, Follow US Hwy 27 N, US-98 S and Lakeview Dr to E Center Ave, Continue on E Center Ave. Drive to S Orange S
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Unfurnished, Window Treatments
  • Living Area: 665.0
  • Window Features: Blinds

Exterior Features

  • Pool Features: None
  • Disclosures: No Smoking

Garage/Parking

  • Parking Features: Driveway, On Street

Utilities

  • Cooling: 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Association: No

Lot Info

  • Additional Parcels Description: ,,
  • Parcel #: S-29-34-29-040-0560-0160
  • Zoning Description: r3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3724.42
  • Tax Year: 2024

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2025 10/08/25 For Sale $325,000 0.0% $244 / Sq Ft
03/28/2025 03/28/25 Rented $1,050 -4.5% --
03/25/2025 03/25/25 For Rent $1,100 +25.7% --
10/18/2023 10/18/23 Rented $875 0.0% --
10/03/2023 10/03/23 For Rent $875 0.0% --
06/13/2023 06/13/23 Sold $155,000 -13.9% $117 / Sq Ft View Prior Sale
05/01/2023 05/01/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $180,000 0.0% $135 / Sq Ft
11/03/2020 11/03/20 For Rent $600 0.0% --
11/03/2020 11/03/20 Rented $600 +9.1% --
11/27/2019 11/27/19 Rented $550 0.0% --
10/28/2019 10/28/19 Under Contract -- -- --
10/08/2019 10/08/19 For Rent $550 +4.8% --
08/05/2019 08/05/19 Rented $525 -8.7% --
07/06/2019 07/06/19 Under Contract -- -- --
07/02/2019 07/02/19 For Rent $575 -- --
Source: Heartland Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Julian Chavez

    Landlord's Agent in 2025

    Julian Chavez

    IBUY SFL

    (786) 521-8539

    17 in this area

    75 Total Sales

    Julian Chavez
    Section Image

  • C

    Seller's Agent in 2023

    Cullen Wheeler

    Future Home Realty, Inc.

    48 in this area

    148 Total Sales

    Cullen Wheeler
    Section Image

  • H

    Seller's Agent in 2020

    Heather Carter

    Central Florida Property Management, LLC

    (863) 214-5016

    Heather Carter
    Section Image
See All Agents

Map

Source: Heartland Association of REALTORS®

MLS Number: 313330

Heartland Association of REALTORS®

APN: S-29-34-29-040-0560-0160

Florida Highlands County Sebring 33870

227 S Orange St, Sebring, FL

Not Listed for Sale

MultiFamily

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