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$4,500,000
Monthly Est:$22,398
-- Bed
-- Bath
17,537sqft
1001 Lakeview Dr, Sebring, FL 33870
$4,500,000
$22,398/moEst:
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Quadruplex
Built in 1972
$-- HOA
3.04 acres lot
$257/sq.ft
Description
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.
- Houzeo last checked: 0 minutes ago
- Listing updated: August 15, 2026 at 9:32 pm
- Listing Provided by: Steve Smith (865) 803-3045 | ADVANTAGE REALTY 1 (863) 386-1111
- Source: Stellar MLS-FL | MLS#: L4964161
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1972
HOA Fees
-
Finished Area
17,537 sqft
Lot Size
3.04 acres lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
L4964161
MLS Status
Active
Days on Market
60
Cumulative Days on Market
5
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Wall/window Unit(s)
Sewer
Public Sewer
Exterior Features
Other, Sidewalk
Interior Features
Ninguno
Heating
Heat Pump
Construction
Year Built
Year Built: 1972
Home type
Quadruplex
Foundation Details
Slab
Construction Materials
Block
Roof
Metal
Utilities & Energy
Utilities
Cable Available, Electricity Available
Laundry Features
None
Water Source
Public
Other Features
Subdivision Name
Sunset Beach Sub
Price History
| Date | Event | Price |
|---|---|---|
07/29/2026 Source: | Listed for Sale | $4,500,000 $103/sqft |
12/03/2025 Source: | Price Decreased | $4,500,000 -47.67% $103/sqft |
12/03/2025 Source: | Price Increased | $8,600,000 +1074900.00% $197/sqft |
07/01/2025 Source: #316037 | Off Market | $800 $0/sqft |
07/01/2025 Source: #316037 | Listed for Sale | $800 -20.00% $0/sqft |
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Based on information from Stellar MLS® through Oct 10, 2026, 03:15PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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