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Renovated Triplex with Generator
For Sale
$609,900

4702 Mercado Drive, Sebring, FL 33872

Multi-Unit Investment, Single Story, Sebring, FL

Property SizeContact for details
Lot Size0.29 Acres
Days on Market138

Property Features for 4702 Mercado Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3NC
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 5, Bedroom 2, Bathroom 1, Bedroom 8, Bathroom 4, Bathroom 3
Directions From Highway 27 and Sun N Lakes Blvd head west to the roundabout and take the third exit onto Ponce De Leon Blvd, Take the first(west) right onto Mercado and the destination will be on your right.
Standard status Active
APN C-04-34-28-130-2560-0071
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description LAKE ONTARIO I PER OR 867 PG 245 UNITS A-B-C + INTEREST IN COMMON AREA
Tax Annual Amount 2452
Legal Description LAKE ONTARIO I PER OR 867 PG 245 UNITS A-B-C + INTEREST IN COMMON AREA

Utilities

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

Building Details

Year built 1985
Floors in Building 1
Flooring type Tile
Building materials Concrete Block
Roof type Shingle
Architectural style Other
Listing Agency: Paradise Real Estate International LLC
Listed By: Clinton Davis · License #3439767
Added: Apr 24 Changed: Sep 8 Last Checked: Sep 8 at 12:06PM
MLS# 324876

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 single-story triplex in Sun 'n Lake contains three separate residences: a 4-bedroom, 2-bath unit, a 2-bedroom, 2-bath unit, and a 2-bedroom, 1-bath unit. Each residence has been renovated since 2017, with tile flooring, concrete block construction, central heating and cooling, and electric systems. Unit 2 includes a whole-home generator. Impact-resistant windows, hurricane shutters, and a shingle roof installed in 2022 add resilience for Florida conditions.

The property occupies 0.29 acres at 4702 Mercado Drive in Sebring, Florida, with public sewer service. Built in 1985, the triplex is located within the Sun 'n Lake community and offers access to nearby schools, healthcare, shopping, dining, and recreation as described in the property information.

Key Highlights

  • Three‑unit configuration with 4 bed/2 bath, 2 bed/2 bath, and 2 bed/1 bath residences
  • Each unit renovated since 2017
  • Whole‑home generator installed in Unit 2

Property Analytics

Current Use

Craneberry Golf Carts Golf Cart Dealer

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

509
Businesses Nearby

Demographics for 33872, FL

13,167
Population
7,882
Households
1.7
Avg Household Size
62
Median Age
29%
College-Educated
91%
High-School Grad
22.7 sq mi
ZIP Area
580
Density / Sq Mi
$68,086
Median Household Income
$42,831
Median Earnings
$1,157
Median Rent
$193,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property with updated interiors, durable construction, and hurricane-prepared features in Sun 'n Lake.
Where is this triplex located?
The property is located at 4702 Mercado Drive Sebring, FL.
What is the asking price?
The asking price for this property is $609,900.
What are key features of this property?
This property features: Three‑unit configuration with 4 bed/2 bath, 2 bed/2 bath, and 2 bed/1 bath residences; Each unit renovated since 2017; Whole‑home generator installed in Unit 2
More about this property
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