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1001 LAKEVIEW DRIVE Sebring, FL $ 4,500,000
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$ 4,500,000 Get more info
1001 LAKEVIEW DRIVE
$ 4,500,000
Back to search
Share Save

1001 LAKEVIEW DRIVE

Sebring, FL, 33870
$ 4,500,000
Bedrooms-- Baths0.0 Sq 17,537

Monthly Estimate*

$ 28,413

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Multi-Family Home for sale in Sebring, FL

for $4,500,000. This 17,537 square foot home was built in 1972 on a lot size of 3.04.

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.

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Multi-Family Active

Price

$ 4,500,000

Property Type

Multi-Family

Taxes

$ 20,634

Style

Quadruplex

Lot Size

3.04

Year Built

1972

Town/City

Sebring

County/Region

Highlands

MLS | Web ID

L4964161
Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Available
Possession Close Of Escrow
Roof Metal
Zoning MUQD
Construction Materials Block
Year Built 1972
Property Subtype Quadruplex
Tax Year 2025
Ownership Leasehold
Waterfront Features Lake Front
County Highlands
New Construction false
Property Type Residential Income
Subdivision Name SUNSET BEACH SUB
Garage Y/N false
Status Active
Directions Take US 27 to Lakeview turn left and property will be on the left.
City SEBRING
Senior Community Y/N false
MLS Area 33870 - Sebring
Lot Size Units Acres
Lot Size Square Feet 132292
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 20634.8
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4964161
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 39
Legal Description SUNSET BEACH SUB PB 1-PGS 20-21 W 100 FT OF LOT 39 + CONTIG PART OF WARWICK AVE + LOTS 41 + 43 BLK 3
Water View Lake
Water Access Type Lake
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE*
DockY/N false
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Interior
Interior Amenities Ninguno
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Other Sidewalk
Water Source Public
Lot Size Area 3.037
Foundation Details Slab
Number of Buildings 5
Lot Dimensions 316 x 415
Lot Size Acres 3.04
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N true
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* Excluded Features
List By
Advantage Realty 1

Broker

steve3060@gmail.com

Email

Affordability Calculator

$30,133
Per Month
94%
6%
0%
Monthly Principal & Interest
$28,413
Monthly Property Taxes
$1,720
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/10/2026$4,500,000 Listed Price

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1001 LAKEVIEW DRIVE, Sebring, FL, 33870 is a Multi-Family Home for sale at $4,500,000 with 17,537 sqft and a lot size of 3.04. 1001 LAKEVIEW DRIVE has 0.0 baths and was built in 1972. The property's zip code is 33870 which is in Sebring, FL

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