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Single-Story Office Building
For Sale
$949,900

2605 Bayview Street, Sebring, FL 33870

Commercial, Single Story, Sebring, FL

Property Size6,816 SF
Lot Size1.67 Acres
Price / SF$153.21
Days on Market270

Property Features for 2605 Bayview Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C1
Exterior features Stucco
Directions From US 27 and Hammock Rd in Sebring, travel NORTH to RIGHT on Bayview St to property on the LEFT.
Standard status Active
APN S-23-34-28-A00-0131-0000
Size 6,200 SF
Lot size 1.67 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E 201.9 FT OF S 360 FT OF N 1058 FT OF SE 1/4 OF NW 1/4 OF SEC 23 23-34-28/13.1 1.67 ACRES -FUNERAL HOME-
Tax Annual Amount 14627
Legal Description E 201.9 FT OF S 360 FT OF N 1058 FT OF SE 1/4 OF NW 1/4 OF SEC 23 23-34-28/13.1 1.67 ACRES -FUNERAL HOME-

Utilities

Sewer type Public Sewer
Cooling system Central Air, Electric

Building Details

Year built 1997
Floors in Building 1
Building materials Concrete Block
Roof type Barrel
Architectural style Other
Listing Agency: ADVANTAGE REALTY #1
Listed By: Susan Geitner · License #3050844
Added: Jan 18 Changed: Sep 25 Last Checked: Oct 15 at 11:06AM
MLS# 321607

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 single-level office property was built in 1997 and occupies 1.67 acres in Sebring. The building includes office areas, a reception space, living quarters, and a garage, with a covered entry supporting visitor access. Concrete-block construction, stucco exterior, a barrel roof, central air, and electric cooling are documented features.

The property is located at 2605 Bayview Street near Chick-fil-A and can be seen from US 27, approximately one-tenth of a mile away. C1 zoning and public sewer service are in place, providing a defined commercial setting for the existing office-oriented layout.

Key Highlights

  • 1.67‑acre office property in Sebring
  • C1 zoning with public sewer service
  • Visible from US 27, approximately 0.1 mile away

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,110
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,262,200 $1.3M
Cap Rate 7%
$901,571 $901.6K
Cap Rate 9%
$701,222 $701.2K
Market Conditions
NOI Build-Up for 6,200 SF
Gross rent
$107.9K $17.40/SF
− Vacancy
−$23.7K −$3.83/SF
EGI
$84.1K $13.57/SF
− OpEx
−$21.0K −$3.39/SF
NOI
$63.1K $10.18/SF
Area
Highlands County, FL
Vacancy
22.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,262,200
Cap Rate 7%
$901,571
Cap Rate 9%
$701,222

Alternative Uses

Best Use
Office B
$901.6K
$788.9K – $1.05M (±1% cap)
NOI $63,110 @ 7.0% cap · market cap 6.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,292 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Dowden Funeral Home Social Service Agency

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Hair Salon Grocery & Convenience Store Accounting Firm

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

414
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
View Realmo Analytics

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - C1-zoned property with reception, offices, living quarters, and a garage in a professional commercial setting.
Where is this office building located?
The property is located at 2605 Bayview Street 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: 1.67‑acre office property in Sebring; C1 zoning with public sewer service; Visible from US 27, approximately 0.1 mile away
More about this property
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