NOT LISTED FOR SALE

335 Walnut St Sebring, FL 33870

Estimated Value: $184,429 - $217,000

4 Beds
2 Baths
1,252 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 16, 2025

Last sale price $187,000 $149 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,248/month

15 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Carpet
  • Central Heating and Cooling System

About This Home

As of May 2025

This duplex offers a remarkable 9.5% cap rate—an ideal opportunity to launch or expand your investment portfolio. With a stellar rental history and zero vacancy, each unit features 2 bedrooms and 1 bath, ensuring consistent returns. Recent updates include a new roof (2023), new AC for Unit 333 (2025), new AC for Unit 335 (2018), and new hardy board siding 2023. Perfectly situated near historical downtown Sebring, The City on the Circle, Lake Jackson, county offices, restaurants, grocery stores, schools, and medical facilities, this property combines strong income potential with a prime location. Other investment properties can be with this, MLS numbers 313152,313258

Last Agent to Sell the Property

Denyelle Dibble

RE/MAX REALTY PLUS License #3058059 Listed on: 03/19/2025

RE/MAX REALTY PLUS

Last Buyer's Agent

Nora Flores

1st Look Realty Inc License #3223986

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,584

Year Built

  • Built in 1974

Lot Details

  • 6,750 Sq Ft Lot
  • Property is in average condition

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Blinds

Kitchen

  • Oven
  • Range
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number S-20-34-29-090-1230-0180

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $23,280
  • Net Operating Income $18,132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,584

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Directions: US 27 SOUTH AND HAMMOCK RD: US 27 SOUTH TO RIGHT ON LAKEVIEW (LIGHT AT CVS) FOLLOW LAKEVIEW DR TO RIGHT ON SPRUCE TO LEFT ON FRANKLIN TO RIGHT ON WALNUT.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1974
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Disposal, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Ceiling Fan(s), Cable TV, Window Treatments
  • Window Features: Single Hung, Blinds

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Frame, Concrete
  • Property Condition: Average Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: One Space, Two Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6750.0
  • Additional Parcels Description: ,,
  • Additional Parcels: No
  • Parcel #: S-20-34-29-090-1230-0180
  • Zoning Description: R1U
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 23280.0
  • Property Net Operating Income: 18132.0

Tax Info

  • Tax Annual Amount: 2584.32
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
May 16, 2025
Sold by
Paul Mezzetti Holdings Llc
Bought by
Upscale Improvement Llc
Seller's Agent
Denyelle Dibble
RE/MAX REALTY PLUS
Buyer's Agent
Nora Flores
1st Look Realty Inc
List Price
$189,800
Sold Price
$187,000
Premium/Discount to List
-$2,800
-1.48%
Views
39
Current Estimated Value
$197,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,107
Avg. Annual Appreciation
8.86%
Original Mortgage
$151,840
Outstanding Balance
$151,027
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$46,080

Purchase Details

Listed on
Dec 18, 2015
Closed on
Feb 19, 2016
Sold by
Luck Luther
Bought by
Paul Mezzetti Holdings Llc
Seller's Agent
Denyelle Dibble
RE/MAX REALTY PLUS
Buyer's Agent
Denyelle Dibble
RE/MAX REALTY PLUS
List Price
$83,800
Sold Price
$69,000
Premium/Discount to List
-$14,800
-17.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%
Original Mortgage
$54,400
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 3, 2006
Sold by
Luck Luther
Bought by
Luck Luther and The Luther Luck Revocable Trust

Purchase Details

Closed on
Aug 5, 2005
Sold by
Quinn Earl R
Bought by
Luck Luther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
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
Upscale Improvement Llc $187,000 Advantage Title
Paul Mezzetti Holdings Llc $69,000 Heartland Title Ins Agency C
Luck Luther -- Attorney
Luck Luther $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Upscale Improvement Llc $151,840
Previous Owner Paul Mezzetti Holdings Llc $54,400
Previous Owner Luck Luther $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2025 05/16/25 Sold $187,000 -1.5% $149 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $189,800 +175.1% $152 / Sq Ft
02/19/2016 02/19/16 Sold $69,000 -17.7% $55 / Sq Ft View Prior Sale
12/22/2015 12/22/15 Pending -- -- --
12/18/2015 12/18/15 For Sale $83,800 -- $67 / Sq Ft
Source: Heartland Association of REALTORS®

Tax History Compared to Growth

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 $2,584 $118,875 $4,850 $114,025
2024 $2,420 $122,022 $3,880 $118,142
2023 $2,420 $73,597 $0 $0
2022 $2,095 $93,423 $3,880 $89,543
2021 $1,856 $66,992 $3,880 $63,112
2020 $1,618 $58,449 $0 $0
2019 $1,498 $49,740 $0 $0
2018 $1,366 $48,326 $0 $0
2017 $1,279 $44,042 $0 $0
2016 $983 $29,863 $0 $0
2015 $1,000 $30,811 $0 $0
2014 $930 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Denyelle Dibble

    Seller's Agent in 2025

    Denyelle Dibble

    RE/MAX

    (863) 381-8988

    44 in this area

    101 Total Sales

    Denyelle Dibble
    Section Image
  • Nora Flores

    Buyer's Agent in 2025

    Nora Flores

    1st Look Realty Inc

    (786) 208-2293

    48 in this area

    122 Total Sales

    Nora Flores
    Section Image
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Map

Source: Heartland Association of REALTORS®

MLS Number: 313127

Heartland Association of REALTORS®

APN: S-20-34-29-090-1230-0180

Florida Highlands County Sebring 33870

335 Walnut St, Sebring, FL

Not Listed for Sale

MultiFamily

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