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Single-Story Triplex
For Sale
$229,900

231 S Orange Street, Sebring, FL 33870

Multi-Unit Investment, Single Story, Sebring, FL

Property SizeContact for details
Lot Size0.22 Acres
Days on Market261

Property Features for 231 S Orange Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 3
Directions from us 27 and lakeview drive head north, veer right onto s ridgewood, exit the traffic circle at E center ave, turn right onto orange, property is on right
Standard status Active
APN S-29-34-29-040-0560-0150
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PALMHURST SUB PB 1-PG 49 LOT 15-LESS A TRI TR IN SE COR BLK 56
Tax Annual Amount 3149
Legal Description PALMHURST SUB PB 1-PG 49 LOT 15-LESS A TRI TR IN SE COR BLK 56

Utilities

Cooling system Wall Unit(s)

Amenities

metal roof
privacy fencing

Building Details

Year built 1977
Floors in Building 1
Flooring type Tile
Building materials Concrete Block
Roof type Metal
Architectural style Other
Listing Agency: ADVANTAGE REALTY #1
Listed By: Benjamin Sommerville · License #3606976
Added: Jan 28 Changed: Sep 13 Last Checked: Oct 16 at 1:06AM
MLS# 321931

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.

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Investment Insights

Based on property information with market context.

This single-story triplex contains three separate studio units, each with its own bathroom. The 1977 property is constructed with concrete block and includes tile flooring, wall-unit cooling, and a metal roof. Privacy fencing provides separation among the individual residences.

The property is located at 231 S Orange Street in Sebring, Florida, within ZIP Code 33870. R3 zoning is identified for the site, which contains approximately 0.22 acres. The Sebring setting provides access to schools, shopping, dining, local amenities, and major highways.

Key Highlights

  • Three separate studio units, each with its own bathroom
  • R3 zoning on approximately 0.22 acres
  • Concrete block construction with a metal roof

Property Analytics

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Current Use

Triplexes

Suggested Use

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

886
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

Frequently Asked Questions

What type of property is this?
Triplex - Three studio residences feature separate living spaces, tile flooring, wall-unit cooling, and privacy fencing between tenants.
Where is this triplex located?
The property is located at 231 S Orange Street Sebring, FL.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Three separate studio units, each with its own bathroom; R3 zoning on approximately 0.22 acres; Concrete block construction with a metal roof
More about this property
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