1001 Lakeview Drive
SEBRING, FL 33870
0
Bed
0
Bath
17,537Sqft
3.04Acres(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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Interior Features
Ninguno Roof: Metal Laundry Features: NoneRoofing Information
Metal -
Flooring Information
Construction Materials: Block -
Heating & Cooling
Heating: Heat Pump Cooling: Wall/Window Unit(s) Water front: 1 WaterSource: Public
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Building Information
Year Built: 1972 -
Exterior Features
Other, Sidewalk Construction Materials: Block Foundation Details: Slab
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Lot Information
Lot Dimensions: 316x415 Lot Square Feet: 132292 Lot Acres: 3.04 Lot Size (SqMt): 12290Property Information
Property Type: Residential Income Sub Type: Quadruplex
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Listing Price Information
Original List Price:$4500000
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Tax Information
Tax Block: 3 Tax Book Number: 1-20 Tax Lot: 39 Tax 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 Annual Tax: $20634.8 Tax Year: 2025 Parcel Number: S-32-34-29-070-0030-0390
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Virtual Tour
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Utility Information
Cable Available, Electricity Available Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: SUNSET BEACH SUB City: SEBRING Direction: Take US 27 to Lakeview turn left and property will be on the left.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2019 Colmar Avenue, Sebring, FL, 33870 | $250,000 | 4 | 2 | -- | |
| 1800 Wightman Avenue, Sebring, FL, 33870 | $235,000 | 4 | 2 | 1,784 | 1,784 SqFt |
| 231 S Orange Street, Sebring, FL, 33870 | $229,900 | -- | 3 | 1,533 | 1,533 SqFt |
| 2121 Lakeview Drive, Sebring, FL, 33870 | $2,500,000 | 15 | 15 | 700 | 700 SqFt |
| 4985 Casablanca Circle .., Sebring, FL, 33870 | $132,900 | 2 | 1 | 800 | 800 SqFt |
Similar Multifamily To 1001 Lakeview Drive
Nearby For Sale
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ByOwner last updated this listing 08/16/2026 @ 06:20
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