$624,990

4702 Mercado Dr Sebring, FL 33872

Sun N Lake Neighborhood

Estimated payment $3,479/month

Total Views 1,816
8 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

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

Clinton Davis

Paradise Real Estate International LLC License #3439767 Listed on: 10/15/2025

Paradise Real Estate International LLC

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,452

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • Directions: From Highway 27 and Sun N Lakes Blvd head west to the roundabout and take the third exit onto Ponce De Leon Blvd, Take the first(west) right onto Mercado and the destination will be on your right.
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1985
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Flooring: Tile

Exterior Features

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

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: 12500.0
  • Additional Parcels Description: ,,
  • Parcel #: C-04-34-28-130-2560-0071
  • Zoning Description: R3NC

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2451.94
  • Tax Year: 2023

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List 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
10/15/2025 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®

Source: Heartland Association of REALTORS®

MLS Number: 319048

Heartland Association of REALTORS®

APN: C-04-34-28-130-2560-0071

Florida Highlands County Sebring 33872 Sun N Lake

4702 Mercado Dr, Sebring, FL

For Sale

MultiFamily

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Heartland Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Clinton Davis
Section Image
Paradise Real Estate International LLC
(863) 777-4107