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Occupied Apartment Property Portfolio
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239-247 S Commerce Ave, Sebring, FL 33870

Fully occupied holdings combine multifamily and office space with supporting land and storage improvements.

Property SizeContact for details
Days on Market143

Property Features for 239-247 S Commerce Ave

General Information

Standard status Active
Property subtype Retail, Multifamily, Office
Occupancy 100%

Building Details

Buildings 6
Tenancy Multi
Listing Agency: NNN Investment Advisors
Listed By: Lorrie Garbarz · License #FL BK316389
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 12:02PM

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 NNN Investment Advisors

Investment Insights

Based on property information with market context.

This apartment property portfolio includes a primary building serving 18 tenants across multifamily and office uses, along with an onsite parking lot. The offering also includes four duplexes, adding multiple residential structures to the overall property configuration.

Additional improvements consist of a 1/2-acre parcel with a 1,200-square-foot storage barn and two mobile home hookups. The properties are located at 239-247 S. Commerce Ave in Sebring, Florida, and the portfolio is reported as 100% occupied.

Key Highlights

  • 18‑tenant building with multifamily and office uses
  • Four duplexes included in the portfolio
  • 1/2‑acre parcel with a 1,200 sf storage barn

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

951
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied holdings combine multifamily and office space with supporting land and storage improvements.
Where is this apartment building located?
The property is located at 239-247 S Commerce Ave Sebring, FL.
What are key features of this property?
This property features: 18‑tenant building with multifamily and office uses; Four duplexes included in the portfolio; 1/2‑acre parcel with a 1,200 sf storage barn
More about this property
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