4702 Mercado Dr Sebring, FL 33872
Sun N Lake NeighborhoodEstimated payment $3,673/month
Highlights
- No HOA
- Central Heating and Cooling System
- 3-minute walk to Sun N Lakes Raquet Club
- Tile Flooring
- 1-Story Property
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: 04/24/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,452
Year Built
- Built in 1985
Home Design
- Shingle Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 1-Story Property
- Tile Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Additional Features
- 12,500 Sq Ft Lot
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,002 | $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/06/2026 07/06/26 | Price Changed | $609,900 | -0.8% | -- | |
| 04/24/2026 04/24/26 | For Sale | $614,900 | +11.8% | -- | |
| 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $550,000 | Heartland Title | |
| Warranty Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Special Warranty Deed | $99,000 | Premium Title Services Inc | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $290,000 | None Available | |
| Warranty Deed | $129,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $522,500 | New Conventional | |
| Previous Owner | $200,800 | New Conventional | |
| Previous Owner | $200,800 | New Conventional | |
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $261,000 | Commercial | |
| Previous Owner | $96,500 | Commercial |
Source: Heartland Association of REALTORS®
MLS Number: 324876
APN: C-04-34-28-130-2560-0071
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
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