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Lakefront 17-Unit Apartment Building
For Sale
$2,500,000

2121 Lakeview Drive, Sebring, FL 33870

MULTI_FAMILY - Sebring, FL

Property SizeContact for details
Lot Size1.00 Acre
Days on Market8

Property Features for 2121 Lakeview Drive

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning multi
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1
Interior features Unfurnished
Appliances Dishwasher, Refrigerator(s), Stove(s) / Range(s) Oven(s)
Directions Take 27 to Lakeview turn right to property on left.
Standard status Active
APN S-29-34-29-070-0940-001A
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2024
Tax Description TOWN OF SEBRING TRANS BK-PG 6 LOT 1A BLK 94
Tax Annual Amount 14959
Legal Description TOWN OF SEBRING TRANS BK-PG 6 LOT 1A BLK 94

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric

Amenities

in ground pool
laundry area
laundry/BBQ pavilion area
gated entry
mailboxes
dumpster

Building Details

Year built 1950
Floors in Building 1
Flooring type Tile
Building materials Concrete Block
Roof type Metal
Architectural style Other
Listing Agency: ADVANTAGE REALTY #1
Listed By: Stephen Edward Smith
Added: Jul 31 Changed: Aug 6 Last Checked: Aug 7 at 4:06AM
MLS# 326982

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 17-unit apartment property occupies 1 acre along Lake Jackson in Sebring. The improvements date to 1950 and feature concrete-block construction, metal roofing, tile flooring, central electric heating, central air, and public sewer service. Units include laundry hookups, while select property details include dishwashers, refrigerators, and stove/range ovens. The site also provides an in-ground pool, laundry area, gated entry, mailboxes, dumpster service, and a BBQ pavilion.

The property is positioned near the City Pier and within walking distance of downtown Sebring. The surrounding downtown area includes boutiques, coffee shops, wine bars, and local restaurants. Multi zoning and the existing apartment configuration support continued multifamily use, subject to applicable regulations.

Key Highlights

  • 17‑unit apartment property on 1 acre along Lake Jackson
  • In‑ground pool, laundry area, gated entry, mailboxes, and dumpster on site
  • Units include laundry hookups; select apartments have dishwashers, refrigerators, and stove/range ovens

Property Analytics

Current Use

Banyan Bay Club Apartment Building Herbalife Independent Specialty Food Shop

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Catering Service Big Box & Wholesale 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

17
Residential units

Location Intelligence

Trade Area within ½ mile

34
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Lakefront apartment property with an on-site pool, laundry area, and convenient access to downtown Sebring.
Where is this apartment building located?
The property is located at 2121 Lakeview Drive Sebring, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 17‑unit apartment property on 1 acre along Lake Jackson; In‑ground pool, laundry area, gated entry, mailboxes, and dumpster on site; Units include laundry hookups; select apartments have dishwashers, refrigerators, and stove/range ovens
More about this property
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