$1,350,000
SOLD JUN 24, 2025

419 Grapefruit Ave Sebring, FL 33870

24 Beds
24 Baths
9,680 Sq Ft
0.38 Acres

Recently Sold

$139 Per Sq Ft

0 Day on Market

About This Home

As of June 2025

Discover prime investment potential with this exceptional multi-unit apartment complex, ideally situated within walking distance to the charming historical downtown of Sebring. Boasting proximity to shopping boutiques and dining establishments, this property offers unparalleled convenience for tenants seeking a vibrant lifestyle. The complex's proximity to the serene shores of Lake Jackson adds to its allure, offering residents easy access to the lake's swimming beach and recreational activities. Whether enjoying a leisurely stroll downtown or unwinding by the lakeside, this location epitomizes the perfect blend. Invest in the future of downtown Sebring with this exceptional opportunity to own a multi-unit apartment complex that promises not only robust rental income but also a coveted lifestyle for tenants. Don't miss out on this chance to capitalize on Sebring's growing appeal and secure your stake in its flourishing real estate market. Property Manager lives on site. Currently two vacancies.

Last Agent to Sell the Property

SEBRING NON MLS

NON-MLS OFFICE Listed on: 04/18/2025

Last Buyer's Agent

Drew Bishop

Keller Williams Realty Fort Myers and the Islands License #3346767

Keller Williams Realty Fort Myers and the Islands

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,653

Year Built

  • Built in 1969

Lot Details

  • 0.38 Acre Lot
  • Property is in average condition

Home Design

  • Rolled or Hot Mop Roof
  • Concrete Siding
  • Block Exterior

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 24 Full Bathrooms

Additional Features

  • 2-Story Property
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 24 Units

Listing and Financial Details

  • Assessor Parcel Number S-29-34-29-070-0340-0021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,653

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • Road Surface Type: Paved
  • Directions: 209 N Ridgewood Dr, Sebring Head south on FL-17 / N Ridgewood Dr toward N Mango St Make a U-turn 299 ft Turn right onto N Pine St 351 ft Turn left onto Grapefruit Ave
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1969
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 24
  • Total Bedrooms: 24
  • Flooring: Other

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Concrete
  • Property Condition: Average Condition, Resale
  • Roof: Rolled/Hot Mop

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: 16671.0
  • Additional Parcels Description: ,,
  • Parcel #: S-29-34-29-070-0340-0021
  • Zoning Description: C1

Multi Family

  • Number Of Units In Community: 24

Tax Info

  • Tax Annual Amount: 23652.57
  • 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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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
06/24/2025 06/24/25 Sold $1,350,000 +52.5% $139 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
10/06/2020 10/06/20 Sold $885,000 0.0% $91 / Sq Ft View Prior Sale
09/11/2020 09/11/20 Sold $885,000 -1.7% $91 / Sq Ft View Prior Sale
07/09/2020 07/09/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $900,000 0.0% $93 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
04/19/2020 04/19/20 For Sale $900,000 +114.3% $93 / Sq Ft
03/24/2014 03/24/14 Sold $420,000 -14.3% $43 / Sq Ft View Prior Sale
02/27/2014 02/27/14 Pending -- -- --
11/05/2013 11/05/13 For Sale $490,000 -- $51 / Sq Ft
Source: Heartland Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 315718

Heartland Association of REALTORS®

APN: S-29-34-29-070-0340-0021