6213 CANDLER TERRACE Sebring, FL $ 499,900
6213 CANDLER TERRACE
$ 499,900
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6213 CANDLER TERRACE

Sebring, FL, 33876
$ 499,900
Bedrooms8 Baths8.0 Sq 3,792

Monthly Estimate*

$ 3,078

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Condo for sale in Sebring, FL

for $499,900 with 8 bedrooms and 8 full baths. This 3,792 square foot condo was built in 1983 on a lot size of 0.5.

Under contract-accepting backup offers. INVESTOR ALERT – PRICED FOR FAST SALE AT AN 8% PROFORMA CAP RATE! Rare opportunity to acquire an impeccably maintained, 100% occupied 4-Plex in the rapidly growing Spring Lake/Sebring market near the golf course, Sebring International Raceway, and Sebring Regional Airport. This high-demand rental location continues to benefit from migration from Florida’s coastal cities as buyers and renters seek the affordable lifestyle, natural beauty, spring-fed lakes, and quiet country living of the Lake Wales Ridge area. All four spacious 2BR/2BA units offer approximately 949 SF and remain consistently rented below current market rates, creating immediate built-in upside for investors. Current rents range from $1,100-$1,150/month with strong long-term tenants already in place. Simple rent adjustments of only $100 per unit could significantly increase NOI and future valuation potential while still remaining competitive in today’s market. Property has been exceptionally maintained with a New roof installed 2018, all 4 units have new HVAC & Waters heaters. Turnkey condition allows investors to cash flow immediately while implementing value-add improvements over time. Additional upside opportunities include: • Light cosmetic upgrades such as granite countertops and interior enhancements to push rents even higher • Potential future condo conversion opportunity with firewall-ready layout offering substantial resale upside • Strong long-term appreciation potential as Sebring growth accelerates around the Raceway, airport expansion, and recreational development • Excellent depreciation benefits and wealth-building hold strategy over the next 5-7 years Projected value-add scenarios could create substantial equity growth through improved rents, appreciation, and potential condo sellout strategy. Whether you are seeking immediate income, long-term appreciation, or future redevelopment upside, this property checks every box. Opportunities like this at an attractive cap rate are becoming increasingly difficult to find in Central Florida. Don’t miss your chance to secure a stabilized multifamily asset with major upside potential in one of Florida’s hidden growth markets! All buyer's must sign CA for financials and before any showing MUST provide a bilaterally signed purchase agreement on acceptable price and terms PRIOR to any Showings along with prequalification(s)/Proof of Funds.

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Condo Pending

Price

$ 499,900

Bedrooms

8

Full Bath

8

Property Type

Condo

Taxes

$ 5,133

Style

Condominium

Lot Size

0.5

Year Built

1983

Town/City

Sebring

County/Region

Highlands

MLS | Web ID

L4961924

Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Electricity Connected
Possession Close Of Escrow
Roof Shingle
Appliances Convection Oven Dishwasher Electric Water Heater Refrigerator
Zoning R3
Association Fee Includes None
Construction Materials Block
Year Built 1983
Levels One
Property Subtype Condominium
Tax Year 2025
Ownership Fee Simple
Community Features None
County Highlands
New Construction false
Property Type Residential
Subdivision Name SPRING LAKE SEC 01
Facing Direction South
Garage Y/N false
Total Rooms 3
Full Baths 8
Status Pending
Directions US 27 & Hammock Rd to south to hwy 98 to Spring Lake to right on Spring Lake Blvd to right on Candler Terr.
City SEBRING
Senior Community Y/N false
MLS Area 33876 - Sebring
Lot Size Units Square Feet
Lot Size Square Feet 21850
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 5133.46
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4961924
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Tenant
Tax Lot 3
Legal Description SPRING LAKE SEC 1 PB 9 PG 23 LOT 3 BLK A
Minimum Lease 1-2 Years
Water Access Y/N false
HOA Monthly Maintenance 0
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Primary Bedroom Main Floor Thermostat
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Inside
Total Bedrooms 8
Total Baths 8
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Exterior
Exterior Amenities Other
Water Source Public
Lot Size Area 21850
Foundation Details Block
Building Area Total 3792
Lot Dimensions 115 x 190
Lot Size Acres 0.5
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Advantage Realty 1

Broker

benjamins@advantagehighlands.com

Email

Affordability Calculator

$3,506
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$428
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$499,900 Listed Price

Map


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6213 CANDLER TERRACE, Sebring, FL, 33876 is a Condo for sale at $499,900 with 3,792 sqft and a lot size of 0.5. 6213 CANDLER TERRACE has 8 bedrooms, 8.0 baths, and was built in 1983. The property's zip code is 33876 which is in Sebring, FL