Office Building with Reception
2605 Bayview St Sebring, FL 33870
2605 Bayview St, Sebring, FL, 33870
$949,900
Pending
For Sale
$949,900
Pending
Office building with offices, garage, living quarters, and a reception area with a covered entry on 1.67 acres.
Property Size6,200 SF
Lot Size1.67 Acres
Days on Market164
Property Features for 2605 Bayview St
General Information
- Standard status
- Pending
- Size
- 6,200 SF
- Lot size
- 1.67 Acres
Listing Agency
ADVANTAGE REALTY #1
(863) 273-0145
Listed by
Susan Geitner · License #3050844
(863) 273-0145
Source
Exprealty
Added: Feb 4 Checked: Jul 17 at 2:28 am
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 ADVANTAGE REALTY #1
Investment Insights
Based on property information with market context.
This office building totals 6,816 square feet and sits on 1.67 acres. The practical layout includes living quarters, a garage, and office space, along with a reception area featuring a covered entry.
The property is located in the heart of Sebring and neighbors Chick-Fil-A. It is visible from US 27, approximately one-tenth of a mile from the corridor, providing convenient access for business use.
An additional parcel area of almost one-half acre on the north side may support expansion, subject to applicable approvals. The property is currently under contract accepting backup offers.
The property is located in the heart of Sebring and neighbors Chick-Fil-A. It is visible from US 27, approximately one-tenth of a mile from the corridor, providing convenient access for business use.
An additional parcel area of almost one-half acre on the north side may support expansion, subject to applicable approvals. The property is currently under contract accepting backup offers.
Key Highlights
- 6,816 SF office building on 1.67 acres in Sebring
- Reception area with a covered entry
- Layout includes offices, garage, and living quarters
Local Financial Insights For Office B
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 | $107.9k | $17.40 |
| − Vacancy | −$23.7k | −$3.83 |
| EGI | $84.1k | $13.57 |
| − OpEx | −$21.0k | −$3.39 |
| NOI | $63.1k | $10.18 |
6,200 SF · lease $17.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$901.6K
$788.9K – $1.05M
NOI $63,110 @ 7.0% cap · market cap 6.64%
Second Best
Mixed Use
$799.9K
$699.9K – $933.3K
NOI $55,995 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,292 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dowden Funeral Home
Social Service Agency
Similar For Sale Nearby
Similar Off Market Nearby
- Petco Vaccination Clinic — 1704 US Hwy 27 N, Sebring, FL 33870
FAQs
What type of property is this?
Medical Office Space - Office building with offices, garage, living quarters, and a reception area with a covered entry on 1.67 acres.
Where is this medical office space located?
The property is located at 2605 Bayview St Sebring, FL.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: 6,816 SF office building on 1.67 acres in Sebring; Reception area with a covered entry; Layout includes offices, garage, and living quarters
