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    343 S Commerce Ave Sebring, FL 33870

    View on Map
    Sponsored
    For Sale
    $399,000

    COMMERCIAL - Sebring, FL

    Property size:
    2,886 SF
    Lot size:
    0.17 Acres
    Days on Market:
    165
    Last Refresh:
    Mar 6 at 6:06 am

    Property Features for 343 S Commerce Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Lighting
    Zoning
    C1
    APN
    S-29-34-29-070-0730-0060
    Parking
    50
    Patio and Porch features
    Patio
    Interior features
    Cable TV Available, Handicap Facilities, Private Restrooms, Public Restrooms
    Exterior features
    Fruit Trees, Patio
    Accessibility
    Accessible Approach with Ramp
    Size
    2,886 SF
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    1955
    Floors in Building
    1
    Flooring type
    Carpet, Tile
    Building materials
    Concrete Block
    Roof type
    Metal

    We can help!

    Listing Contact
    Emily Jones
    Emily Jones

    RE/MAX Realty Plus (863) 385-0077

    Listing agent Emily Jones

    Listing date Sep 23, 2025

    MLS# 317585

    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.

    Learn more

    Property Insight Report

    Overview

    Sebring Commercial Building For Sale

    This commercial building, located in downtown Sebring, Florida, presents an investment opportunity. The solid concrete block construction features a metal roof updated in 2018. Situated directly across the street from the Highlands County Courthouse, City of Sebring Annex, a public parking lot, and county government establishments, the property is currently operating as the Sebring Medical Walk-In Clinic. The layout includes 4 exam rooms, a reception and waiting area, file storage, a central lab area, and 3 restrooms, one of which is private to the physician's office. The building has a double-door front entryway and a back exit, with both front and back parking available. The property measures 44 feet wide by 64 feet long. A 20x20 residential cottage is located at the back of the property, suitable for use as an apartment or rental. A delivery/work area is located near the back door, along with dedicated office and storage spaces. City water and sewer utilities are in place. The C1 zoning allows for various uses, including financial institutions, insurance agencies, law practices, rental and real estate offices, personal service establishments such as barbershops and beauty shops, and medical, dental, legal, scientific, engineering, fine arts, and literary offices. Trade service establishments, retail stores, department stores, drug stores, restaurants, and cafes are also permitted where the materials for sale are housed primarily within a building. The property size is 2,886 square feet and the lot size is 0.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cirilo M Seralde, ... Physician Sebring Medical Walk-In ... Medical Clinic Victor M Seralde ... Pediatrician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sebring
    County
    Highlands
    State
    Florida
    Longitude
    -81.4384772
    Latitude
    27.4931558

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    FAQs

    What type of property is this?
    Medical space - Commercial building in downtown Sebring, an excellent investment opportunity.
    Where is this medical space located?
    The property is located at 343 S Commerce Ave Sebring, FL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Prime downtown Sebring location directly across from the Highlands County Courthouse and other government buildings.; - Zoned-C1 commercial property suitable for a wide range of businesses.; - Solid concrete block construction with an updated metal roof (2018).
    (863) 385-0077
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    343 S Commerce Ave Sebring, FL 33870
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    Sebring, FL 33870
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    343 S Commerce Ave Sebring, FL 33870
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    We can help!
    Listing Contact
    Emily Jones
    Emily Jones
    Real Estate License ID: 3402440
    (863) 385-0077 (863) 446-3246
    Learn more
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