1001 LAKEVIEW DR, Sebring, FL 33870
1001 LAKEVIEW DR, Sebring, FL 33870
1001 LAKEVIEW DR, Sebring, FL 33870
1001 LAKEVIEW DR, Sebring, FL 33870
1001 LAKEVIEW DR, Sebring, FL 33870
1001 LAKEVIEW DR, Sebring, FL 33870
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Natali "Kiwi" Slampa

Natali "Kiwi" Slampa

+1(386) 274-9668
$ 4,500,000
Est. payment | /mo

17,537 SqFt

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$ 4,500,000
Est. payment | /mo
Save Virtual Tour

17,537 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 17,537 sqft

Price per Sqft $256

Subdivision Sunset Beach Sub

MLS Listing ID L4964161

HOA Y/N No

Year Built 1972

Annual Tax Amount $20,634

Lot Size 3.040 Acres

Acres 3.04

Lot Dimensions 316x415

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

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.

Location

State FL

County Highlands

Community Sunset Beach Sub

Area 33870 - Sebring

Zoning MUQD

Interior

Interior Features Ninguno

Heating Heat Pump

Cooling Wall/Window Unit(s)

Fireplace false

Laundry None

Exterior

Exterior Feature Other, Sidewalk

Utilities Available Cable Available, Electricity Available

Waterfront Description Lake Front

View Y/N Yes

Water Access Yes

Water Access Desc Lake

Roof Type Metal

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Leasehold

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4964161

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Steve Smith ADVANTAGE REALTY 1

Schools and Properties Nearby

Natali "Kiwi" Slampa

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(386) 274-9668

nat@realestatekiwi.com

Ormond Beach, FL 32174, USA

Learn More About LPT Realty

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1001 LAKEVIEW DR