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Lakefront 42-Unit Motel
For Sale
$4,500,000

1001 Lakeview Drive, Sebring, FL 33870

Multi-Unit Investment, Single Story, Two Story, Sebring, FL

Property SizeContact for details
Lot Size2.95 Acres
Days on Market49

Property Features for 1001 Lakeview Drive

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning comm
Bedrooms 42
Bathrooms 42
Full bathrooms 42
Rooms Bathroom 29, Bedroom 14, Bathroom 16, Bedroom 6, Bathroom 8, Bathroom 1, Bathroom 6, Bathroom 13, Bathroom 31, Bedroom 42, Bedroom 16, Bedroom 7, Bedroom 30, Bedroom 3, Bathroom 32, Bedroom 32, Bathroom 5, Bathroom 17, Bedroom 34, Bathroom 14, Bathroom 12, Bedroom 39, Bathroom 24, Bedroom 27, Bedroom 20, Bedroom 25, Bedroom 28, Bedroom 2, Bathroom 19, Bathroom 3, Bathroom 11, Bathroom 20, Bathroom 9, Bedroom 31, Bedroom 12, Bedroom 11, Bathroom 10, Bedroom 35, Bathroom 25, Bedroom 24, Bedroom 40, Bedroom 15, Bedroom 22, Bedroom 1, Bathroom 28, Bedroom 36, Bathroom 37, Bathroom 34, Bedroom 37, Bathroom 21, Bedroom 29, Bedroom 18, Bathroom 26, Bathroom 7, Bathroom 39, Bathroom 15, Bedroom 10, Bathroom 35, Bedroom 23, Bedroom 33, Bedroom 38, Bathroom 27, Bathroom 38, Bathroom 42, Bathroom 33, Bathroom 18, Bedroom 21, Bathroom 30, Bathroom 36, Bedroom 19, Bathroom 22, Bedroom 13, Bathroom 2, Bathroom 4, Bedroom 26, Bedroom 17, Bathroom 40, Bathroom 23, Bathroom 41, Bedroom 41, Bedroom 5, Bedroom 8, Bedroom 4, Bedroom 9
View Lake
Directions Take US 27 to Lakeview turn left and property will be on the left
Standard status Active
APN S-32-34-29-070-0030-0390
Lot size 2.95 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SUNSET BEACH SUB PB 1-PGS 20-21 W 100 FT OF LOT 39 + CONTIG PART OF WARWICK AVE + LOTS 41 + 43 BLK 3
Tax Annual Amount 20635
Legal Description SUNSET BEACH SUB PB 1-PGS 20-21 W 100 FT OF LOT 39 + CONTIG PART OF WARWICK AVE + LOTS 41 + 43 BLK 3

Utilities

Sewer type Public Sewer
Heating system Other (Heating)
Cooling system Wall Unit(s)

Building Details

Year built 1972
Floors in Building 2
Flooring type Carpet
Building materials Brick
Roof type Metal
Architectural style Other
Listing Agency: ADVANTAGE REALTY #1
Listed By: Gregory Karlson · License #3229372
Added: Aug 10 Changed: Sep 13 Last Checked: Sep 27 at 12:06PM
MLS# 327097

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 42-unit motel property occupies 2.95 acres at the intersection of US 27 and Lakeview Dr. The improvements date to 1972 and include brick construction, carpeted interiors, wall-unit cooling, other heating, public sewer, and metal roofing. One building has a newer metal roof, while additional updating is needed across the property.

The site includes 297+/- FT of frontage on Lake Jackson and sits near Publix, Bealls Outlet, Popeyes, Verizon, and CVS. Existing improvements and infrastructure support continued lodging use, while the property information also identifies hotel, resort, timeshare, restaurant, retail, and mixed commercial concepts as redevelopment possibilities subject to required approvals and verification.

Key Highlights

  • 42‑unit motel on 2.95 acres
  • 297+/- FT of frontage on Lake Jackson
  • Located at US 27 & Lakeview Dr

Property Analytics

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Current Use

Sunset Beach Motel Hotel & Motel Waverly Apartments Apartment Building

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Bakery (Bike/Boat/Book/etc) Store 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.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Sebring Inn — 3751 US Hwy 27 S, Sebring, FL 33870
  • The Pavilion on Little Lake Jackson — 1775 US Hwy 27 S, Sebring, FL 33870
  • Residence Inn Sebring — 3221 Tubbs Rd, Sebring, FL 33870
  • Sherrie — 30478 Misty View Court not, Tanglewood St, Sebring, FL 33870, United States
  • Tru by Hilton Sebring — 1775 US Hwy 27 S, Sebring, FL 33870

Frequently Asked Questions

What type of property is this?
Motel - Commercial-zoned lodging property with Lake Jackson frontage, existing guest-room improvements, and redevelopment potential subject to approvals.
Where is this motel located?
The property is located at 1001 Lakeview Drive Sebring, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 42‑unit motel on 2.95 acres; 297+/- FT of frontage on Lake Jackson; Located at US 27 & Lakeview Dr
More about this property
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