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Lakefront Multifamily Investment Opportunity
For Sale
$8,600,000

1001 LAKEVIEW Dr, Sebring, FL 33870

43 units in Sebring, Florida, on 3.5 acres.

Property SizeContact for details
Lot Size3.50 Acres
Days on Market106

Property Features for 1001 LAKEVIEW Dr

General Information

Standard status Active
Lot size 3.50 Acres
Property subtype Commercial
Listing Agency: Arthur Pollio R.E. Broker
Listed By: Arthur Pollio · License #0194304
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 7 at 1:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arthur Pollio R.E. Broker

Investment Insights

Based on property information with market context.

This multifamily property features 43 units across six buildings on a 3.5-acre lakefront site. The property includes multiple 8-unit buildings and an 18-unit building. Constructed with double T concrete, the buildings are described as substantially built. Additionally, there is a two-story single-family lake house and a large office space with a reception area, conference room, office, and full kitchen. The property is located across the street from a shopping area with a Publix, CVS, Bealls Outlet, and Dollar Tree, at the double intersection of US 27 and Lakeview Drive in Sebring, Florida.

Key Highlights

  • 43 Units: Own a significant multi‑unit complex.
  • Lakefront Property: Prime location on the lake.
  • Commercial Potential: Includes a large office with reception, conference room, and full kitchen.

Property Analytics

Current Use

Sunset Beach Motel Hotel & Motel Waverly Apartments Apartment Building

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Bakery Cafe & Coffee Shop Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby

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

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

What type of property is this?
Apartment building - 43 units in Sebring, Florida, on 3.5 acres.
Where is this apartment building located?
The property is located at 1001 LAKEVIEW Dr Sebring, FL.
What is the asking price?
The asking price for this property is $8,600,000.
What are key features of this property?
This property features: 43 Units: Own a significant multi‑unit complex.; Lakefront Property: Prime location on the lake.; Commercial Potential: Includes a large office with reception, conference room, and full kitchen.
More about this property
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