Lakefront 42-Unit Apartment
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 Market15
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
Bedroom 38, Bathroom 24, Bedroom 22, Bathroom 29, Bathroom 17, Bathroom 27, Bathroom 36, Bedroom 42, Bedroom 19, Bedroom 39, Bedroom 40, Bathroom 33, Bathroom 31, Bedroom 1, Bedroom 28, Bedroom 11, Bathroom 34, Bathroom 14, Bathroom 42, Bedroom 6, Bedroom 10, Bedroom 23, Bedroom 18, Bedroom 15, Bedroom 31, Bathroom 19, Bathroom 37, Bedroom 34, Bedroom 29, Bedroom 30, Bedroom 33, Bathroom 12, Bathroom 7, Bathroom 4, Bedroom 16, Bathroom 20, Bedroom 3, Bathroom 2, Bathroom 25, Bedroom 9, Bathroom 8, Bedroom 13, Bathroom 13, Bedroom 32, Bathroom 1, Bedroom 14, Bathroom 11, Bathroom 23, Bedroom 36, Bathroom 9, Bathroom 5, Bedroom 20, Bedroom 8, Bedroom 26, Bathroom 28, Bedroom 7, Bedroom 37, Bathroom 26, Bathroom 41, Bathroom 16, Bedroom 24, Bathroom 32, Bathroom 22, Bathroom 38, Bedroom 5, Bedroom 25, Bathroom 40, Bathroom 30, Bedroom 12, Bedroom 4, Bathroom 39, Bathroom 21, Bedroom 27, Bathroom 18, Bedroom 17, Bathroom 3, Bathroom 6, Bedroom 21, Bathroom 15, Bedroom 41, Bathroom 35, Bedroom 2, Bathroom 10, Bedroom 35
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
(863) 386-0303
Listed By:
Gregory Karlson · License #F10542710
(863) 381-4932
Added: Aug 10
Changed: Aug 19
Last Checked: Aug 24 at 7:06PM
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 property includes existing lodging improvements constructed in 1972. The buildings feature brick construction, carpeted interiors, wall-unit cooling, a metal roof, and public sewer service. One building has a newer metal roof, while additional updating is needed. The property is classified as an apartment building and carries commercial zoning.
The site sits at the intersection of US 27 and Lakeview Dr, with 297+/- FT of frontage along Lake Jackson. Publix, Bealls Outlet, Popeyes, Verizon, and CVS are among the surrounding retailers and services. The existing improvements can support renovation and stabilization, while redevelopment concepts identified for the site include an upscale hotel or resort, timeshare, lakefront restaurant, retail, or mixed commercial uses, subject to approvals.
The site sits at the intersection of US 27 and Lakeview Dr, with 297+/- FT of frontage along Lake Jackson. Publix, Bealls Outlet, Popeyes, Verizon, and CVS are among the surrounding retailers and services. The existing improvements can support renovation and stabilization, while redevelopment concepts identified for the site include an upscale hotel or resort, timeshare, lakefront restaurant, retail, or mixed commercial uses, subject to approvals.
Key Highlights
- 42‑unit property with existing lodging improvements
- 297+/- FT of frontage on Lake Jackson
- Located at US 27 and Lakeview Dr
Property Analytics
Property Profile
Current Use
Lease Details
42
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
473
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?
Apartment building - Existing lodging improvements occupy a visible commercial corner with lake frontage, public sewer, and redevelopment potential subject to approvals.
Where is this apartment building 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 property with existing lodging improvements; 297+/- FT of frontage on Lake Jackson; Located at US 27 and Lakeview Dr
