For SaleQuadruplexActive
1001 Lakeview Drive
Sebring, FL 33870
$4,500,000
92 Days On Site
- 17,537Sq Ft
- $257Per Sq Ft
- 3.04Acres
- 1972Built
- Subdivision
- Sunset Beach Sub
- County
- Highlands
- MLS®
- L4964161
Overview
RARE SEBRING INVESTMENT/REDEVELOPMENT OPPORTUNITY! Former Sunset Beach Motel at US 27 & Lakeview Dr offers 42 units on 3± acres at a highly visible hard corner with 297± FT of frontage on beautiful Lake Jackson. Surrounded by major retailers/services including Publix, Bealls Outlet, Popeyes, Verizon & CVS. Existing improvements & infrastructure provide tremendous value as construction, utility & development costs continue to rise. Renovate/stabilize the 42 units for income while positioning this prime site for future redevelopment. Owner pro forma based on $800/unit/mo, 10% vacancy & 35% expenses projects $235,872 NOI. One building has a newer metal roof; additional updating needed. Exceptional potential for upscale hotel/resort, timeshare, lakefront restaurant, retail or mixed commercial redevelopment, subject to approvals. Sebring continues expanding with new residential, industrial & national brands including BJ’s Wholesale, First Watch, Wawa & Culver’s, driving demand for lodging, retail & services. Secure this irreplaceable lakefront commercial site while existing improvements offer holding-income potential. BUY THE LOCATION, IMPROVE THE INCOME & POSITION FOR THE FUTURE! Buyer to verify zoning, uses, measurements & financials.
Listing Snapshot
- Price
- $4,500,000
- Days On Site
- 92 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 17,537 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 3.04 Acres
- Year Built
- 1972
- MLS® Number
- L4964161
- Status
- Active
- Property Tax
- $20,634.8 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
7 items
- Acres
- 3.04
- Foundation
- Slab
- Property Sub Type
- Quadruplex
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Available
- Water Source
- Public
- Zoning
- MUQD
Interior Features
3 items
- Cooling
- Wall/Window Unit(s)
- Heating
- Heat Pump
- Laundry Features
- None
Exterior Features
8 items
- Construction Details
- Block
- Exterior
- Other
- Lot Features
- Waterfront
- Roof
- Metal
- View
- Lake, Water
- Waterfront
- Yes
- Waterfront Features
- Lake Privileges, Lake Front
- Waterview
- Lake, Water
Community Features
4 items
- MLS Area
- 33870 - Sebring
- Township
- 34S
- Financing Terms Available
- Cash, Conventional
- Roads
- Asphalt
Location
1001 Lakeview Drive, Sebring, FL 33870 · 33870 - Sebring
Neighborhood & Commute
ZIP Code 33870
- Median household income
- $44,075
- Income per person
- $28,850
- Households
- 11,388
- Average household size
- 2.19
- Median age
- 55.7
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Listing first seen on site
- Status changed to Active











