1001 Lakeview Dr
Sebring, FL 33870
Active
List price
$4,500,000
Listing courtesy of ADVANTAGE REALTY 1, 863-386-1111 (Steve Smith)
MLS# L4964161 Status Active
Listing updated August 15, 2026
- Sq ft
- 17,537
- Year built
- 1972
About this home
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.
Facts
- Home type
- Quadruplex
- Year built
- 1972
- Lot
- 3.04 acres
- Annual taxes
- $20,635
- Subdivision
- Sunset Beach Sub
- County
- Highlands
Features
- Waterfront
- Waterfront, Lake Front
Virtual tour
Location
Map: OpenFreeMap, © OpenMapTiles, © OpenStreetMap contributors
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