2019 COLMAR AVE Sebring, FL 33870
MULTI_FAMILY - Sebring, FL
Property Features for 2019 COLMAR AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3
- Parking
- 4
- Patio and Porch features
- Patio
- Exterior features
- Patio, Room For Pool
- Standard status
- Active
- APN
- S-33-34-29-021-0030-0100
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- ALTAMONT PLACE ADD NO 2 PB 10-PG 45 LOT 10 BLK 3
- Tax Annual Amount
- 3041
Utilities
- Sewer type
- Public Sewer, Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1978
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
Listing agent Branly Hernandez Morales License #3413728 (786) 942-7380
Listing office LPT Realty, LLC 1400 S International Parkw Suite 1020, Lake Mary, FL (877) 366-2213
Listing date Jul 14, 2026
Copyright © 2026 Miami REALTORS®. 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 described as being zoned MULTI-FAM <10 UNITS. The seller notes that no flood insurance is required. Showings require 24-hour notice.
As a fully rented duplex, this configuration is suited for an owner-operator or investor seeking a residential income property with two comparable living units and recent interior upgrades, including renovation activity in one unit and appliance updates in the other. The listing indicates first-time homebuyers are also welcome. Terms are cash or financing, with no seller financing provided.
Key Highlights
- Fully rented duplex in Sebring, FL with zoning for MULTI‑FAM <10 UNITS
- 2‑bed, 1‑bath units, each approx. 850 SF; cap rate stated as 8.8%
- 2021 unit updates include fully renovated kitchen and bathroom; both units freshly painted with upgraded modern lighting
Local Financial Insights For Multifamily LT 5
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 | $23.5k | $13.80 |
| − Vacancy | −$1.5k | −$0.90 |
| EGI | $21.9k | $12.90 |
| − OpEx | −$6.6k | −$3.87 |
| NOI | $15.4k | $9.03 |
