1001 Lakeview Drive
Sebring, FL 33870
42
Bed
42
Bath
2.95Acres(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 42Bathroom Information
Total Baths: 42 Full Baths: 42Roofing Information
MetalFlooring Information
Carpet, Other -
Interior Features
Roof: MetalWindow Features: SingleHung -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallUnits
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Building Information
Year Built: 1972Construction Materials: BrickStories: 1Frontage Length: 316Pool Features: NonePrivate Pool: NoView: Lake
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Lot Information
Main Square Feet: 2.95 Lot Size Acres: 2.95 Lot Size Square Feet: 128,502
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Listing Price Information
Listing Price: $4500000Cash, Conventional
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Tax Information
Parcel Number: S-32-34-29-070-0030-0390 Tax Year: 2025 Annual Tax: $20634.8 Tax Legal Desc: SUNSET BEACH SUB PB 1-PGS 20-21 W 100 FT OF LOT 39 + CONTIG PART OF WARWICK AVE + LOTS 41 + 43 BLK 3
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Location Information
Direction: Take US 27 to Lakeview turn left and property will be on the left WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2121 Lakeview Drive #9, Sebring, FL, 33870 | $2,500,000 | 1 | 1 | -- |
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ByOwner last updated this listing 08/16/2026 @ 04:59
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