Furnished Half-Duplex Income
For Sale
$209,900
3717 Sunbird Circle, Sebring, FL 33872
Residential, Single Story, Sebring, FL
Property Size1,743 SF
Lot Size0.13 Acres
Price / SF$120.42
Days on Market25
Property Features for 3717 Sunbird Circle
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R2FUD
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Parking features
Garage
Interior features
Blinds, Cable TV Available, Ceiling Fans, Drapes, Garage Door Opener
Exterior features
Concrete, Stucco
Appliances
Dishwasher, Dryer, Microwave, Refrigerator(s), Stove(s) / Range(s) Oven(s), Washer
Directions
From US Hwy 27 & Thunderbird Road, go west on Thunderbird Road, to left on Thunderbird Hills Road, to right on Sunbird Circle, to home on right.
Standard status
Active
APN
C-27-34-28-070-0000-029B
Size
1,743 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
THUNDERBIRD HILL VILL II PB 14 PG 40 LOT 29B
Tax Annual Amount
2411
HOA Fee
$95 Monthly
Legal Description
THUNDERBIRD HILL VILL II PB 14 PG 40 LOT 29B
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Amenities
clubhouse
heated pool
shuffleboard
enclosed back porch
Building Details
Year built
1986
Floors in Building
1
Flooring type
Tile, Carpet
Building materials
Concrete Block
Roof type
Shingle
Architectural style
Other
Listing Agency:
BHHS Florida Properties Group · Berkshire Hathaway HomeServices
(863) 402-5701
Listed By:
Helen Ferry
(863) 381-1089
Added: Aug 10
Changed: Sep 1
Last Checked: Sep 3 at 5:06PM
MLS# 327116
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 residential income property is configured as a two-bedroom, two-bath half duplex with 1,743 square feet of living area. The interior includes porcelain tile flooring, carpeting, a living room with bay window and vaulted ceiling, a family room, and a kitchen equipped with newer appliances. The primary bedroom has a walk-in closet and an updated bathroom with a walk-in shower. Furnishings and decor are included, along with an enclosed back porch and one-car garage.
The property is located within Thunderbird Hills, a 55+ community in Sebring. Community amenities include a clubhouse, heated pool, and shuffleboard, while lawn care, edging, and irrigation are covered through the HOA. The home is near shopping, restaurants, banks, and medical facilities. A 2022 roof, central air, electric heating, concrete-block construction, and shingle roofing add to the property's established features.
The property is located within Thunderbird Hills, a 55+ community in Sebring. Community amenities include a clubhouse, heated pool, and shuffleboard, while lawn care, edging, and irrigation are covered through the HOA. The home is near shopping, restaurants, banks, and medical facilities. A 2022 roof, central air, electric heating, concrete-block construction, and shingle roofing add to the property's established features.
Key Highlights
- Two‑bedroom, two‑bath half duplex with 1,743 square feet
- 0.13‑acre lot in Thunderbird Hills, a 55+ community
- 2022 roof and concrete‑block construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,629
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$292,580
$292.6K
Cap Rate 7%
$208,986
$209.0K
Cap Rate 9%
$162,544
$162.5K
Market Conditions
NOI Build-Up for 1,743 SF
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.
Gross rent
$28.2K $16.20/SF
− Vacancy
−$1.6K −$0.94/SF
EGI
$26.6K $15.26/SF
− OpEx
−$12.0K −$6.87/SF
NOI
$14.6K $8.39/SF
Area
Highlands County, FL
Vacancy
5.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$292,580
Cap Rate 7%
$208,986
Cap Rate 9%
$162,544
Alternative Uses
Best Use
Apartment 5plus
$209.0K
$182.9K – $243.8K
NOI $14,629 @ 7.0% cap · market cap 6.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$362.6K
$317.3K – $423.1K
NOI $25,384 @ 7.0% cap · market cap 12.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 33872, FL
13,167
Population
7,882
Households
1.7
Avg Household Size
62
Median Age
29%
College-Educated
91%
High-School Grad
22.7 sq mi
ZIP Area
580
Density / Sq Mi
$68,086
Median Household Income
$42,831
Median Earnings
$1,157
Median Rent
$193,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Single-story furnished residence with tile floors, an enclosed porch, garage, and access to community recreation.
Where is this residential income property located?
The property is located at 3717 Sunbird Circle Sebring, FL.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Two‑bedroom, two‑bath half duplex with 1,743 square feet; 0.13‑acre lot in Thunderbird Hills, a 55+ community; 2022 roof and concrete‑block construction
