Rented Duplex Investment
2019 Colmar Avenue Sebring, FL 33870
For Sale
$270,000
Two leased 2-bedroom, 1-bath units in a zoned multifamily duplex with recent interior upgrades.
Property Size1,700 SF
Price / SF$158.82
Days on Market401
Property Features for 2019 Colmar Avenue
General Information
- Standard status
- Active
- Size
- 1,700 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1978
Listing Agency:
LPT Realty
(786) 942-7380
Listed By:
Branly Hernandez Morales · License #279622389
(786) 942-7380
Source:
Compass
Added: Jun 21, 2025
Changed: Jul 23
Last Checked: Jul 26 at 12:49PM
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 LPT Realty
Investment Insights
Based on property information with market context.
This fully rented duplex features two separate 2-bedroom, 1-bath residences. One unit was renovated in 2021 with an updated kitchen and bathroom, and the other unit was updated in 2019 with new appliances. Both units have been freshly painted and include modern lighting, along with efficient A/C systems.
The property is zoned MULTI-FAM <10 UNITS and is located in Sebring, FL near shopping, dining, and schools. Flood insurance is noted as not being required.
For showings, a 24-hour notice is required. The seller has indicated that first-time homebuyers may also be welcome, with cash or financing options and no seller financing.
The property is zoned MULTI-FAM <10 UNITS and is located in Sebring, FL near shopping, dining, and schools. Flood insurance is noted as not being required.
For showings, a 24-hour notice is required. The seller has indicated that first-time homebuyers may also be welcome, with cash or financing options and no seller financing.
Key Highlights
- Fully rented duplex in Sebring, FL with two leased 2‑bedroom, 1‑bath units
- Each unit is approx. 850 sq ft; 1978 build with efficient A/C systems
- 2021 unit: fully renovated kitchen and bathroom
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.5k | $13.80 |
| − Vacancy | −$1.5k | −$0.90 |
| EGI | $21.9k | $12.90 |
| − OpEx | −$6.6k | −$3.87 |
| NOI | $15.4k | $9.03 |
1,700 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$219.4K
$191.9K – $255.9K
NOI $15,355 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$203.8K
$178.4K – $237.8K
NOI $14,268 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$353.7K
$309.5K – $412.6K
NOI $24,757 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two leased 2-bedroom, 1-bath units in a zoned multifamily duplex with recent interior upgrades.
Where is this duplex located?
The property is located at 2019 Colmar Avenue Sebring, FL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Fully rented duplex in Sebring, FL with two leased 2‑bedroom, 1‑bath units; Each unit is approx. 850 sq ft; 1978 build with efficient A/C systems; 2021 unit: fully renovated kitchen and bathroom
