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.
Property Details
Price:
$4,500,000
MLS #:
L4964161
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
SUNSET BEACH SUB
Neighborhood:
33870sebring
Listed Date:
Aug 10, 2026
Finished Sq Ft:
17,537
Lot Size:
132,292 sqft / 3.04 acres (approx)
Year Built:
1972
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Heating
Heat Pump
Interior Features
Ninguno
Laundry Features
None
Exterior
Construction Materials
Block
Exterior Features
Other, Sidewalk
Roof
Metal
Waterfront Features
Lake Front
Financial
Tax Year
2025
Taxes
$20,635
Map
Community
- Address1001 LAKEVIEW DRIVE SEBRING FL
- SubdivisionSUNSET BEACH SUB
- CitySEBRING
- CountyHighlands
- Zip Code33870
Market Summary
Current real estate data for Multi Family in SEBRING as of Oct 31, 2026
13
Multi Family Listed
102
Avg DOM
492
Avg $ / SqFt
$1,381,069
Avg List Price
Property Summary
- Located in the SUNSET BEACH SUB subdivision, 1001 LAKEVIEW DRIVE SEBRING FL is a Multi Family for sale in SEBRING, FL, 33870. It is listed for $4,500,000 To schedule a showing of MLS#l4964161 at 1001 LAKEVIEW DRIVE in SEBRING, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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Courtesy of ADVANTAGE REALTY 1. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1001 LAKEVIEW DRIVE
SEBRING, FL