NOT LISTED FOR SALE
4 Beds
3 Baths
836 Sq Ft
6,750 Sq Ft Lot

Sale Details

Date Sold: October 11, 2023

Last sale price $290,000 $347 Per Sq Ft

17 Days on Market

Highlights

  • No HOA
  • Vinyl Flooring
  • 4-minute walk to Circle Park
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

About This Home

As of October 2023

Triplex located in the heart of the vibrant Downtown Sebring is a gem in the world of real estate investment. Boasting a solid 10% cap rate, fully rented units, a newer roof, improved exterior, and the potential for expansion up to 10 units, it presents an excellent return for investors seeking to capitalize on a dynamic and growing market. Its strategic location, separate parking, and separate utilities paid by tenant score in its value, making it an opportunity that shouldn't be missed for those looking to secure their financial future through real estate investments. Scheduled showing upon executed contract.

Last Agent to Sell the Property

Julian Chavez

IBUY SFL License #3361006 Listed on: 08/14/2023

Last Buyer's Agent

Julian Chavez

IBUY SFL License #3361006 Listed on: 08/14/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,137

Year Built

  • Built in 1926

Lot Details

  • 6,750 Sq Ft Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Window Unit Heating System

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number S-29-34-29-070-0780-0100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,137

Year Built

Built in 1926

Lot Details

6,750 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Directions: From US 27 and Hammock road South on US 27, Left on Lakeview, Right on Pine at the Palms to property on right
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1926
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Vinyl

Exterior Features

  • Pool Features: None
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • 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: ,,
  • Parcel #: S-29-34-29-070-0780-0100
  • Zoning Description: Multi Fam
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 2136.54
  • Tax Year: 2022

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Oct 10, 2023
Sold by
Bought by
Seller's Agent
Julian Chavez
IBUY SFL
Buyer's Agent
Julian Chavez
IBUY SFL
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,020
Interest Rate
0.0718%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2020
Closed on
Oct 27, 2020
Sold by
Bought by
Seller's Agent
Julian Chavez
IBUY SFL
Buyer's Agent
Julian Chavez
IBUY SFL
Sold Price
$650

Purchase Details

Listed on
Jan 22, 2019
Closed on
Mar 25, 2019
Sold by
Bought by
Seller's Agent
Diana Weber Williams
INACTIVE
Buyer's Agent
Audrey Asciutto
Sebring Lakefront Properties, LLC
List Price
$139,900
Sold Price
$107,000
Premium/Discount to List
-$32,900
-23.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,250
Interest Rate
0.043%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2005
Sold by
Bought by

Purchase Details

Closed on
May 17, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,100
Interest Rate
0.0598%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,750
Interest Rate
0.0677%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Buyer Sale Price Title Company
$290,000 Trustar Title
-- None Listed On Document
$145,000 New Title Company Name
$145,000 Trustar Title Company Inc
$107,000 Attorney
-- Exact Title Services Llc
$83,000 --
$49,000 South Ridge Abstract & Title
Source: Public Records

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 Borrower Loan Amount
Previous Owner $230,020
Previous Owner $161,250
Previous Owner $80,250
Previous Owner $45,100
Previous Owner $36,750
Source: Public Records

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
10/11/2023 10/11/23 Sold $290,000 -3.3% $347 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $299,900 0.0% $359 / Sq Ft
08/11/2023 08/11/23 Rented $1,200 0.0% --
07/25/2023 07/25/23 For Rent $1,200 0.0% --
10/14/2022 10/14/22 Rented $1,200 0.0% --
10/07/2022 10/07/22 For Rent $1,200 0.0% --
07/27/2022 07/27/22 Rented $1,200 0.0% --
07/24/2022 07/24/22 For Rent $1,200 0.0% --
12/22/2021 12/22/21 For Rent $1,200 0.0% --
12/22/2021 12/22/21 Rented $1,200 +84.6% --
10/30/2020 10/30/20 For Rent $650 0.0% --
10/30/2020 10/30/20 Rented $650 0.0% --
03/30/2019 03/30/19 Sold $107,000 -23.5% $128 / Sq Ft View Prior Sale
02/18/2019 02/18/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $139,900 -- $167 / Sq Ft
Source: Heartland Association of REALTORS®

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 $2,794 $97,173 $4,850 $92,323
2024 $2,382 $82,701 $4,122 $78,579
2023 $2,382 $60,944 $0 $0
2022 $2,137 $73,481 $4,122 $69,359
2021 $1,890 $49,629 $4,122 $45,507
2020 $1,651 $45,335 $0 $0
2019 $1,475 $36,534 $0 $0
2018 $1,444 $37,849 $0 $0
2017 $1,486 $42,232 $0 $0
2016 $1,394 $36,572 $0 $0
2015 $1,339 $34,937 $0 $0
2014 $1,252 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 297141

Heartland Association of REALTORS®
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