Virtual TourMap

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

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active

Friends & Family

Listing courtesy of ADVANTAGE REALTY 1 (865) 803-3045

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. 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. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-10 01:24 PM EST

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