1520 Lakeview Drive Sebring, FL 33870
COMMERCIAL - Sebring, FL
Property Features for 1520 Lakeview Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C2
- Interior features
- Private Restrooms, Public Restrooms
- Exterior features
- Stucco
- Standard status
- Active
- APN
- S-32-34-29-090-0020-0070
- Size
- 3,164 SF
- Lot size
- 0.83 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- KENILWORTH PROP UNREC AN IRREG TR IN SLY PORTION OF GOV LOT 2 + BEING A PORTION OF LOTS 8-9-10-11 BLK 2 SUNSET BEACH SUB PA NO 2-7
- Tax Annual Amount
- 6374
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1989
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Frame
- Architectural style
- Other
Listing agent Susan Geitner License #3050844 (863) 273-0145
Listing office ADVANTAGE REALTY #1 743 US 27 S, Sebring, FL (863) 386-0303
Listing date Jun 16, 2026
Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in downtown Sebring, with AADT reported at 16,100. Public remarks note the previous use as a Hardee’s and later Jimmy the Greeks.
The space is described as having an estimated interior seating capacity of 120 and includes room for patio expansion outside.
Key Highlights
- Former Hardees/Jimmy the Greeks stand‑alone restaurant in downtown Sebring
- 0.83‑acre property with drive‑through capability
- Partially renovated interior, stripped down to studs; blueprint plans for buyer’s buildout available
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.4k | $14.04 |
| − Vacancy | −$3.0k | −$0.95 |
| EGI | $41.4k | $13.09 |
| − OpEx | −$10.4k | −$3.27 |
| NOI | $31.1k | $9.81 |
