Single-Story Office
For Sale
$235,000
351 S Commerce Avenue, Sebring, FL 33870
Commercial, Single Story, Sebring, FL
Property Size1,350 SF
Lot Size0.17 Acres
Price / SF$174.07
Days on Market507
Property Features for 351 S Commerce Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Interior features
Cable TV Available, Private Restrooms
Directions
From US Hwy 27 and Hammock Rd, travel S on US 27 to left on Lakeview, at next light left on Lakeview continue straight until Circle Park Drive, turn right, make first right onto S Commerce Ave, destination will be on the right.
Standard status
Active
APN
S-29-34-29-070-0730-0050
Size
1,350 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TOWN OF SEBRING 8TH ADD PB 1-PG 3 LOT 5 BLK 73
Tax Annual Amount
2247
Legal Description
TOWN OF SEBRING 8TH ADD PB 1-PG 3 LOT 5 BLK 73
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Building Details
Year built
1952
Floors in Building
1
Flooring type
Vinyl
Building materials
Concrete Block
Roof type
Metal
Architectural style
Other
Listing Agency:
RE/MAX REALTY PLUS · RE/MAX International
(863) 385-0077
Listed By:
C Boring III
(863) 381-1298
Added: May 23, 2025
Changed: Sep 13
Last Checked: Oct 11 at 10:06PM
MLS# 315418
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-story office property provides 1,350 square feet with three offices, a private restroom, kitchen, and a sizable rear storage area. Concrete block construction, vinyl flooring, a metal roof, central electric heating, and central air conditioning are in place. Public sewer serves the building, which was constructed in 1952.
The 0.17-acre property is located near the courthouse and Highlands County Clerk of Court in downtown Sebring. Parking is available on both the front and rear portions of the property. C1 zoning supports its commercial office classification, while the existing layout offers a practical configuration for professional or small-service operations.
The 0.17-acre property is located near the courthouse and Highlands County Clerk of Court in downtown Sebring. Parking is available on both the front and rear portions of the property. C1 zoning supports its commercial office classification, while the existing layout offers a practical configuration for professional or small-service operations.
Key Highlights
- 1,350‑square‑foot office property on a 0.17‑acre parcel
- Three offices with a private restroom and kitchen
- Large rear area available for storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,742
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,840
$274.8K
Cap Rate 7%
$196,314
$196.3K
Cap Rate 9%
$152,689
$152.7K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$23.5K $17.40/SF
− Vacancy
−$5.2K −$3.83/SF
EGI
$18.3K $13.57/SF
− OpEx
−$4.6K −$3.39/SF
NOI
$13.7K $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%
$274,840
Cap Rate 7%
$196,314
Cap Rate 9%
$152,689
Alternative Uses
Best Use
Office B
$196.3K
$171.8K – $229.0K
NOI $13,742 @ 7.0% cap · market cap 5.85%
Second Best
Retail
$181.2K
$158.6K – $211.5K
NOI $12,687 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$280.9K
$245.8K – $327.7K
NOI $19,660 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
951
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - C1-zoned commercial office property with private restroom, kitchen, storage area, and parking at the front and rear.
Where is this office units located?
The property is located at 351 S Commerce Avenue Sebring, FL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 1,350‑square‑foot office property on a 0.17‑acre parcel; Three offices with a private restroom and kitchen; Large rear area available for storage
