Furnished 55+ Villa with
For Sale
$228,500
Pending
2018 Ashley Oaks Circle, Sebring, FL 33870
Residential, Single Story, Sebring, FL
Property Size1,679 SF
Lot Size0.04 Acres
Days on Market136
Property Features for 2018 Ashley Oaks Circle
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Parking features
Garage
Pets allowed
Yes, Number Limit
Interior features
Blinds, Cable TV Available, Ceiling Fans, Garage Door Opener
Exterior features
Stucco, Well Irrigation
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator(s), Stove(s) / Range(s) Oven(s), Washer
Directions
Via US 27 head west on Hammock Rd, right on Ashley Oaks Cir, right to stay on Ashley Oaks Cir and home will be on your right.
Standard status
Pending
APN
S-36-34-28-060-0000-0090
Size
1,679 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 9, ASHLEY OAKS, PB 16, PG 37
Tax Annual Amount
1652
HOA Fee
$180 Monthly
Legal Description
LOT 9, ASHLEY OAKS, PB 16, PG 37
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
2002
Floors in Building
1
Flooring type
Laminate, Tile, Carpet
Building materials
Concrete Block
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX REALTY PLUS · RE/MAX International
(863) 385-0077
Listed By:
Jeanny Campbell · License #325143
(863) 385-3101
Added: Apr 15
Changed: Aug 19
Last Checked: Aug 28 at 10:06AM
MLS# 324646
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.
This furnished villa offers a well-laid-out interior with high ceilings and plantation shutters throughout. The home includes a kitchen with a breakfast bar, pantry, and corner lazy Susan, a dining room sized for additional storage, and a living room with access to a tiled Florida Room. The primary bedroom features double closets and an ensuite with an extra-wide cultured marble vanity and a walk-in tile shower. A generously sized guest bedroom can serve as a second master suite and includes direct access to a second bathroom with a cultured marble vanity, plus a tub/shower with tile. A roomy 2-car garage includes an attic stairway, and washer and dryer are included. City water and sewer are provided, with a 2021 roof and a 2023 AC.
Located in the Ashley Oaks gated 55+ community at 2018 Ashley Oaks Circle in Sebring, the property is about half a mile from US Hwy 27 and approximately 2.5 miles from Highlands Hammock State Park. The HOA covers lawn maintenance, bush trimming, maintenance of the subdivision, and access to amenities including the clubhouse, pool, and shuffleboard courts.
Rental terms allow stays longer than a month, and pets are permitted per HOA rules: one dog or one cat and one house bird.
Located in the Ashley Oaks gated 55+ community at 2018 Ashley Oaks Circle in Sebring, the property is about half a mile from US Hwy 27 and approximately 2.5 miles from Highlands Hammock State Park. The HOA covers lawn maintenance, bush trimming, maintenance of the subdivision, and access to amenities including the clubhouse, pool, and shuffleboard courts.
Rental terms allow stays longer than a month, and pets are permitted per HOA rules: one dog or one cat and one house bird.
Key Highlights
- Furnished 55+ gated community villa in Ashley Oaks
- 2021 roof and 2023 AC; central electric heating and central air
- 2‑bedroom, 2‑bath layout with high ceilings and plantation shutters
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,092
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$281,840
$281.8K
Cap Rate 7%
$201,314
$201.3K
Cap Rate 9%
$156,578
$156.6K
Market Conditions
NOI Build-Up for 1,679 SF
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.
Gross rent
$27.2K $16.20/SF
− Vacancy
−$1.6K −$0.94/SF
EGI
$25.6K $15.26/SF
− OpEx
−$11.5K −$6.87/SF
NOI
$14.1K $8.39/SF
Area
Highlands County, FL
Vacancy
5.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$281,840
Cap Rate 7%
$201,314
Cap Rate 9%
$156,578
Alternative Uses
Best Use
Apartment 5plus
$201.3K
$176.2K – $234.9K
NOI $14,092 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.3K
$305.7K – $407.5K
NOI $24,452 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
Demographics for 33870, FL
24,238
Population
13,933
Households
1.7
Avg Household Size
51
Median Age
18%
College-Educated
84%
High-School Grad
95.3 sq mi
ZIP Area
254
Density / Sq Mi
$50,606
Median Household Income
$28,475
Median Earnings
$977
Median Rent
$154,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Furnished villa in a gated 55+ community with a 2-car garage, updated roof and HVAC, and HOA-managed exterior upkeep.
Where is this single family property located?
The property is located at 2018 Ashley Oaks Circle Sebring, FL.
What is the asking price?
The asking price for this property is $228,500.
What are key features of this property?
This property features: Furnished 55+ gated community villa in Ashley Oaks; 2021 roof and 2023 AC; central electric heating and central air; 2‑bedroom, 2‑bath layout with high ceilings and plantation shutters
