NOT LISTED FOR SALE
2 Beds
1 Bath
836 Sq Ft
6,970 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
  • Wall Furnace
  • 4-minute walk to Circle Park
  • Vinyl Flooring

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: 08/15/2023

Last Buyer's Agent

Julian Chavez

IBuy SFL License #3361006

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,137

Year Built

  • Built in 1926

Lot Details

  • 6,970

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number S29342907007800100

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Downtown Sebring Subdivision

Building Details

  • Gross Income $2,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,137

Year Built

Built in 1926

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: From US 27 and Hammock road South on US 27, Left on Lakeview, Right on Pine at the Palms to property on right
  • Year Built: 1926
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl
  • Stories: 2

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Separate Meters, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: S29342907007800100
  • Mobile Dim Units: Feet
  • Zoning: Multi

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2137.0

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 2675.0

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Sebring, FL

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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
Lg Property Manager Llc -- None Listed On Document
Ibuy Fund Llc $145,000 New Title Company Name
Ibuy Fund Llc $145,000 Trustar Title Company Inc
1213 Investors Group Llc $107,000 Attorney
Cooper Warren S -- Exact Title Services Llc
Cooper Warren S $83,000 --
Puran Mahabir $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 Ibuy Fund Llc $161,250
Previous Owner 1213 Investors Group Llc $80,250
Previous Owner Cooper Warren S $45,100
Previous Owner Puran Mahabir $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 -- -- --
08/15/2023 08/15/23 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: BeachesMLS (Greater Fort Lauderdale)

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: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11436286

BeachesMLS (Greater Fort Lauderdale)
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