Duplex with Updated 2-Bedroom
For Sale
$229,900
2225 Hidden Creek Circle, Sebring, FL 33870
Residential, Single Story, Split Floor Plan, Sebring, FL
Property Size1,421 SF
Lot Size0.12 Acres
Price / SF$161.79
Days on Market58
Property Features for 2225 Hidden Creek Circle
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R2FUD
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
Parking features
Garage
Interior features
BB / HS Internet Available, Blinds, Ceiling Fans, Drapes, Garage Door Opener, Vaulted Ceilings
Exterior features
Central Irrigation, Concrete, Stucco
Appliances
Dishwasher, Dryer, Stove(s) / Range(s) Oven(s), Washer
Directions
At the INTERSECTION of US HIGHWAY 27 and HAMMOCK RD, Travel NORTH on US HIGHWAY 27. Turn RIGHT onto BAYVIEW. Turn RIGHT onto LAKEVIEW DRIVE. Turn RIGHT onto ST. AGNES. Turn LEFT onto GOSE. Turn RIGHT into the HIDDEN CREEK community. The property will be located to the LEFT.
Standard status
Active
APN
C-23-34-28-080-0000-22B0
Size
1,421 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HIDDEN CREEK VILLAS PB 14 PG 49 LOT 22B
Tax Annual Amount
997
HOA Fee
$160 Monthly
Legal Description
HIDDEN CREEK VILLAS PB 14 PG 49 LOT 22B
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Amenities
clubhouse
heated pool
Building Details
Year built
1987
Floors in Building
1
Flooring type
Tile
Building materials
Concrete Block
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX REALTY PLUS · RE/MAX International
(863) 385-0077
Listed By:
Will Dibble, Jr · License #3541305
(863) 273-4978
Added: Jul 2
Changed: Aug 19
Last Checked: Aug 28 at 9:06AM
MLS# 326350
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.
Updated duplex with a remodeled 2-bedroom, 2-bath interior and a split floor plan designed for comfortable everyday living. The open living and dining areas feature a vaulted white pine tongue-and-groove ceiling, while the main living space has brand-new tile flooring. The updated kitchen includes granite countertops, glazed ash wood soft-close cabinets with crown molding, a 9-foot breakfast bar, a walk-in pantry, and stainless steel appliances, including an induction range with a built-in air fryer. The primary suite offers a 6' x 6' walk-in closet and a completely renovated bathroom with a solid-surface walk-in shower, updated vanity, and new fixtures. A second guest bedroom and bath are also remodeled.
A climate-controlled enclosed lanai with Thermopane windows and a wood-lined ceiling overlooks the landscaped backyard with mature oak trees. The attached one-car garage includes the washer and dryer. The home is constructed with concrete block and has stucco exterior finishes, central irrigation, central electric heating, and central electric A/C.
Additional highlights include a roof shingle replacement in 2022, electric A/C replacement in 2023, and a 1987 year built.
A climate-controlled enclosed lanai with Thermopane windows and a wood-lined ceiling overlooks the landscaped backyard with mature oak trees. The attached one-car garage includes the washer and dryer. The home is constructed with concrete block and has stucco exterior finishes, central irrigation, central electric heating, and central electric A/C.
Additional highlights include a roof shingle replacement in 2022, electric A/C replacement in 2023, and a 1987 year built.
Key Highlights
- Remodeled 2‑bedroom, 2‑bath split floor plan
- 2022 shingle roof and 2023 central electric A/C
- Brand‑new tile flooring throughout the main living area
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
$12,835
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
5.58%
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%
$256,700
$256.7K
Cap Rate 7%
$183,357
$183.4K
Cap Rate 9%
$142,611
$142.6K
Market Conditions
NOI Build-Up for 1,421 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
$19.6K $13.80/SF
− Vacancy
−$1.3K −$0.90/SF
EGI
$18.3K $12.90/SF
− OpEx
−$5.5K −$3.87/SF
NOI
$12.8K $9.03/SF
Area
Highlands County, FL
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$256,700
Cap Rate 7%
$183,357
Cap Rate 9%
$142,611
Alternative Uses
Best Use
Multifamily LT 5
$183.4K
$160.4K – $213.9K
NOI $12,835 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$170.4K
$149.1K – $198.8K
NOI $11,927 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$295.6K
$258.7K – $344.9K
NOI $20,694 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
357
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated 2-bedroom, 2-bath home with vaulted ceilings, 2022 roof, 2023 A/C, and an enclosed lanai overlooking the backyard.
Where is this duplex located?
The property is located at 2225 Hidden Creek Circle Sebring, FL.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Remodeled 2‑bedroom, 2‑bath split floor plan; 2022 shingle roof and 2023 central electric A/C; Brand‑new tile flooring throughout the main living area
