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Lakefront 17-Unit Apartment Building
For Sale
$2,385,000

2121 Lakeview Drive, Sebring, FL 33870

Multi-Unit Investment, Single Story, Sebring, FL

Property SizeContact for details
Lot Size1.00 Acre
Days on Market54

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 Bedroom 1, Bathroom 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

pool
gated entry
in-unit laundry hookups
laundry/BBQ pavilion area

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: Sep 15 Last Checked: Sep 22 at 9:06PM
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 community occupies 1 acre along Lake Jackson. The single-story property includes an in-ground pool, laundry area, in-unit laundry hookups, gated entry, a BBQ pavilion, mailboxes, and an on-site dumpster. Apartments are offered unfurnished and include tile flooring, electric central heating and cooling, and kitchens equipped with dishwashers, refrigerators, and stove or range ovens. The building was constructed in 1950 with concrete block construction, a metal roof, and public sewer service.

The property is located at 2121 Lakeview Drive in Sebring, near Downtown Sebring and the City Pier. The surrounding setting provides access to the lakefront, downtown shops, coffee shops, bars, and other local businesses, with the City Pier and a lakeside pool located nearby.

Key Highlights

  • 17‑unit apartment community on 1 acre
  • Lakefront setting along Lake Jackson near Downtown Sebring
  • In‑ground pool, laundry area, and in‑unit laundry hookups

Property Analytics

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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

857
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Single-story community with an on-site pool, laundry area, and direct Lake Jackson setting.
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 $2,385,000.
What are key features of this property?
This property features: 17‑unit apartment community on 1 acre; Lakefront setting along Lake Jackson near Downtown Sebring; In‑ground pool, laundry area, and in‑unit laundry hookups
More about this property
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