351 S Commerce Avenue Sebring, FL 33870
COMMERCIAL - Sebring, FL
- Added:
- May 23, 2025
- Days on Market:
- 417
- Last Refresh:
- Jul 13 at 1:06 am
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
- 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
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1952
- Floors in Building
- 1
- Flooring type
- Vinyl
- Building materials
- Concrete Block
- Roof type
- Metal
- Architectural style
- Other
Listing agent C Boring III (863) 385-0077
Listing office RE/MAX REALTY PLUS 809 US 27 S, Sebring, FL (863) 385-0077
Listing date May 23, 2025
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.
Key Highlights
- Commercial building in downtown Sebring near the Courthouse and Highlands County Clerk of Court
- Building layout includes 3 offices plus a kitchen and a large back storage area
- Includes 1 private restroom
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 | $23.5k | $17.40 |
| − Vacancy | −$5.2k | −$3.83 |
| EGI | $18.3k | $13.57 |
| − OpEx | −$4.6k | −$3.39 |
| NOI | $13.7k | $10.18 |
