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    Renovated Duplex Investment Property Title is generated by Realmo AI

    2019 COLMAR AVE, Sebring, FL 33870

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    For Sale
    $265,000

    MULTI_FAMILY - Sebring, FL

    Property size:
    1,700 SF
    Price / SF:
    $155/SF
    Added:
    May 14, 2026
    Days on Market:
    50
    Last Refresh:
    Jul 2 at 4:06 pm

    Property Features for 2019 COLMAR AVE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Rooms
    Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
    Parking
    4
    Patio and Porch features
    Patio
    Exterior features
    Patio, Room For Pool
    Standard status
    Active
    APN
    S-33-34-29-021-0030-0100

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    ALTAMONT PLACE ADD NO 2 PB 10-PG 45 LOT 10 BLK 3
    Tax Annual Amount
    3041

    Utilities

    Sewer type
    Public Sewer, Septic Tank
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1978
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Shingle

    We can help!

    Contact an agent
    Branly Hernandez Morales

    Listing agent Branly Hernandez Morales License #3413728

    Listing office LPT Realty, LLC 1400 S International Parkw Suite 1020, Lake Mary, FL

    Listing date May 14, 2026

    MLS# A11842638 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully rented duplex in Sebring, FL with zoning for MULTI‑FAM <10 UNITS
    • 2‑bed, 1‑bath units, each approx. 850 SF; cap rate stated as 8.8%
    • 2021 unit updates include fully renovated kitchen and bathroom; both units freshly painted with upgraded modern lighting
    • 2019 unit includes new appliances; central heating and central A/C with central air
    • 1978 construction with block exterior, tile flooring, and shingle roof; public water with public sewer and septic tank listed
    • Outdoor features include a patio and room for a pool

    Overview

    This duplex for sale at 2019 Colmar Ave, Sebring, FL 33870 includes two separate 2-bedroom, 1-bath units, each approximately 850 square feet. The 2021 unit features a fully renovated kitchen and bathroom. The 2019 unit includes new appliances. Both units have been freshly painted and upgraded with modern lighting, with efficient A/C systems.

    The property is described as being zoned MULTI-FAM <10 UNITS. The seller notes that no flood insurance is required. Showings require 24-hour notice.

    As a fully rented duplex, this configuration is suited for an owner-operator or investor seeking a residential income property with two comparable living units and recent interior upgrades, including renovation activity in one unit and appliance updates in the other. The listing indicates first-time homebuyers are also welcome. Terms are cash or financing, with no seller financing provided.

    Local 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 (±1% cap)
    NOI $15,355 @ 7.0% cap · market cap 5.79%
    Second Best
    Apartment 5plus
    $203.8K
    $178.4K – $237.8K (±1% cap)
    NOI $14,268 @ 7.0% cap · market cap 5.38%
    Theoretical Best
    Office A
    $353.7K
    $309.5K – $412.6K (±1% cap)
    NOI $24,757 @ 7.0% cap · market cap 9.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sebring
    County
    Highlands
    State
    Florida
    Longitude
    -81.42518
    Latitude
    27.480043

    FAQs

    What type of property is this?
    Duplex - Two 2-bedroom, 1-bath units with updated kitchens, fresh paint, and efficient HVAC for steady rental use.
    Where is this duplex located?
    The property is located at 2019 COLMAR AVE Sebring, FL.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: Fully rented duplex in Sebring, FL with zoning for MULTI‑FAM
    More about this property
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