Bought with Dankally Fredericks • Paradise Real Estate International LLC
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Key Details
Sold Price $488,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 323851
Sold Date 06/19/26
Style One Story,Two Story
Bedrooms 4
Full Baths 4
Construction Status Good Condition,Resale
HOA Y/N No
Year Built 1984
Annual Tax Amount $4,608
Tax Year 2025
Lot Size 0.700 Acres
Acres 0.7
Property Sub-Type Apartment
Property Description
Multifamily Investment & Business Opportunity – High Visibility Highway Frontage!
Fully renovated four-unit property with 222 feet of high-visibility highway frontage just minutes from Sebring International Raceway. This versatile property offers strong potential for future rental income or mixed-use opportunities in a highly visible location with demand driven by tourism, seasonal visitors, and local workforce housing.
Units feature Ubatuba finely textured granite countertops, custom tile walk-in showers, updated soft-close cabinetry, modern lighting, and newer A/C systems. Efficiency upgrades include over 2 feet of added insulation and two electrical power boxes designed to help reduce utility costs. The property is serviced by Duke Energy, and a private well eliminates water bills, helping keep operating expenses low. The unit mix includes two efficiency units (one with private office and one with separate kitchen), one 1-bedroom/1-bath unit with office or storage, and one spacious 2-bedroom/1-bath unit. Additional features include a covered outdoor laundry area, secure shed with electricity and deadbolt, live security surveillance, 40' x 20' black galvanized swing-gate fenced enclosure, and a concrete pad with electrical hookup for an RV or camper. Marquee signage infrastructure is already in place.
B-2 commercial zoning allows multifamily use while offering flexibility for business, live/work, or redevelopment opportunities (subject to county approval). The property has previously operated as a beauty salon, barber shop, car wash, restaurant, and Airbnb, demonstrating its versatility. Located in Sebring—recently featured on HGTV's Hometown Takeover—just minutes from Sebring International Raceway, home of the legendary 12 Hours of Sebring, drawing racing teams and visitors year-round. Recent renovations, flexible zoning, high-visibility frontage, and tourism-driven demand create strong potential in one of Florida's growing investment corridors.
Location
State FL
County Highlands
Interior
Interior Features Ceiling Fan(s), Window Treatments
Heating Central, Electric
Cooling Central Air, Electric
Flooring Plank, Tile, Vinyl
Fireplace No
Appliance Cooktop, Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
Exterior
Parking Features Driveway, On Street
Pool None
Utilities Available Sewer Not Available
Water Access Desc Private,Well
Roof Type Metal
Building
Entry Level One,Two
Sewer None, Septic Tank
Water Private, Well
Architectural Style One Story, Two Story
Level or Stories One, Two
Construction Status Good Condition,Resale
Others
Tax ID C-34-35-29-020-0000-0080
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Financing Conventional
Special Listing Condition None
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