4702 Mercado Dr Sebring, FL 33872
Sun N Lake NeighborhoodEstimated payment $3,456/month
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
- Tile Flooring
- Fence is in good condition
- 4-minute walk to Sun N Lakes Raquet Club
About This Home
Exceptional Investment Opportunity in Sun ‘n Lake, Sebring Unlock the potential of this fully renovated triplex in the highly sought-after Sun ‘n Lake community—a perfect blend of modern comfort, lasting value, and reliable rental income. Property Highlights: Versatile Layout: Featuring three distinct units—a spacious 4 bed / 2 bath, a comfortable 2 bed / 2 bath, and a charming 2 bed / 1 bath—this property attracts a wide range of tenants, ensuring steady occupancy and income flexibility. Updated & Move-In Ready: Each unit has been renovated since 2017, offering updated interiors and contemporary finishes that appeal to today’s renters. Built for Peace of Mind: Equipped with impact-resistant windows, hurricane shutters, and a new roof (2022), the property is prepared for Florida weather and built for long-term stability. Reliable Power: Unit 2 includes a whole-home generator, ensuring uninterrupted power and added security for your tenants. Prime Location: Situated in the heart of Sun ‘n Lake, residents enjoy quick access to schools, healthcare, shopping, dining, and recreation—all within minutes. Whether you’re expanding your portfolio or entering the market for the first time, this triplex delivers exceptional value and dependable returns. Invest with confidence—schedule your private showing today!
Listing Agent
Paradise Real Estate International LLC License #3439767 Listed on: 10/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,452
Year Built
- Built in 1985
Lot Details
- 0.29 Acre Lot
- Fence is in good condition
Home Design
- Shingle Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 1-Story Property
- Tile Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Assessor Parcel Number C-04-34-28-130-2560-0071
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,095 | $343,790 | $18,500 | $325,290 |
| 2024 | $2,452 | $204,097 | -- | -- |
| 2023 | $2,452 | $156,341 | $0 | $0 |
| 2022 | $2,117 | $133,275 | $0 | $0 |
| 2021 | $2,105 | $129,393 | $0 | $0 |
| 2020 | $1,978 | $127,607 | $0 | $0 |
| 2019 | $1,970 | $129,130 | $0 | $0 |
| 2018 | $1,973 | $126,722 | $0 | $0 |
| 2017 | $1,899 | $124,116 | $0 | $0 |
| 2016 | $2,231 | $103,357 | $0 | $0 |
| 2015 | $1,844 | $85,722 | $0 | $0 |
| 2014 | $1,809 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2025 10/15/25 | For Sale | $624,990 | +13.6% | -- | |
| 07/01/2024 07/01/24 | Sold | $550,000 | -12.0% | $618 / Sq Ft | View Prior Sale |
| 05/02/2024 05/02/24 | Pending | -- | -- | -- | |
| 04/06/2024 04/06/24 | Price Changed | $624,900 | -3.8% | $702 / Sq Ft | |
| 01/08/2024 01/08/24 | For Sale | $649,900 | -- | $730 / Sq Ft |
Source: Heartland Association of REALTORS®
MLS Number: 319048
APN: C-04-34-28-130-2560-0071
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