1001 LAKEVIEW DRIVE SEBRING FL 33870 | MLS #L4964161

1001 LAKEVIEW DRIVE
SEBRING, FL, 33870
$4,500,000
Beds
0 Baths
17,537 SqFt
3.04 Acres
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MLS #L4964161 image #0
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.

Property Details

Price:
$4,500,000
MLS #:
L4964161
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
SUNSET BEACH SUB
Neighborhood:
33870sebring
Listed Date:
Aug 10, 2026
Finished Sq Ft:
17,537
Lot Size:
132,292 sqft / 3.04 acres (approx)
Year Built:
1972
WaterfrontLakefront33870 – Sebring33870sebringSunset Beach Sub

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Schools

Interior

Cooling
Wall/Window Unit(s)
Heating
Heat Pump
Interior Features
Ninguno
Laundry Features
None

Exterior

Construction Materials
Block
Exterior Features
Other, Sidewalk
Roof
Metal
Waterfront Features
Lake Front

Financial

Tax Year
2025
Taxes
$20,635

Map

Community

Subdivisions in SEBRING

Market Summary

Current real estate data for Multi Family in SEBRING as of Aug 17, 2026
10
Multi Family Listed
75
Avg DOM
535
Avg $ / SqFt
$1,527,480
Avg List Price

Property Summary

    Located in the SUNSET BEACH SUB subdivision, 1001 LAKEVIEW DRIVE SEBRING FL is a Multi Family for sale in SEBRING, FL, 33870. It is listed for $4,500,000 To schedule a showing of MLS#l4964161 at 1001 LAKEVIEW DRIVE in SEBRING, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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