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1001 Lakeview Dr, Sebring, Florida 33870

  • $4,500,000
1001 LAKEVIEW DRIVE, Sebring, FL 33870
Active For Sale
1001 Lakeview Dr, Sebring, Florida 33870
1001 LAKEVIEW DRIVE, Sebring, FL 33870
  • $4,500,000

Overview

Property ID: HZL4964161
  • Quadruplex, Residential Income
  • Property Type
  • 1972
  • Year Built

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.

  • Address 1001 LAKEVIEW DRIVE
  • City Sebring
  • State/county FL
  • Zip/Postal Code 33870
  • Country US

Details

Updated on August 15, 2026 at 9:32 pm
  • Property ID: HZL4964161
  • Price: $4,500,000
  • Land Area: 3.04 Acres
  • Year Built: 1972
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active, For Sale

Additional details

  • Listing Terms: Cash, Conventional
  • Roof: Metal
  • Utilities: Cable Available, Electricity Available
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Heat Pump
  • County: Highlands
  • Property Type: Residential Income
  • Waterfront: Lake Front

Features

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