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3838 Thunderbird Hill Circle, Sebring, FL, 33872
Single-Family Home with Screened Porch

3838 Thunderbird Hill Circle Sebring, FL 33872

For Sale
$179,000

SINGLE_FAMILY - Sebring, FL

Property Size1,314 SF
Lot Size0.12 Acres
Price / SF$136.23
Days on Market119

Property Features for 3838 Thunderbird Hill Circle

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R2FUD
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
Parking features
Garage
Pets allowed
Yes
Appliances
Dishwasher, Dryer, Microwave, Refrigerator(s), Stove(s) / Range(s) Oven(s), Washer
Standard status
Active
APN
C-27-34-28-060-0000-019B
Size
1,314 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
THUNDERBIRD HILL VILLAGE I PB 14 PG 9 LOT 19B
Tax Annual Amount
832

Utilities

Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air

Building Details

Year built
1984
Floors in Building
1
Flooring type
Laminate, Carpet
Building materials
Concrete Block
Roof type
Shingle
Architectural style
Other
Listing Agency: RE/MAX REALTY PLUS
Listed By: Lisa Kneram PA
Added: Mar 30 Changed: Jul 23 Last Checked: Jul 26 at 12:06AM
MLS# 324296

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.

Single-family home located at 3838 Thunderbird Hill Circle in Sebring, Florida (33872). The interior layout transitions from a welcoming living room to the dining area, family room, and kitchen, supporting both everyday living and gatherings. The primary bedroom includes an ensuite bathroom and a generous walk-in closet. A guest bedroom sits on the opposite side and is served by a nearby bathroom. A screened-in porch provides an outdoor space for relaxing.

The property is situated in R2FUD zoning and is positioned near shopping, dining, and medical facilities, with a clubhouse nearby that features a pool and shuffleboard. Recent improvements include a roof installed in 2022 and an AC unit installed in 2025.

Key Highlights

  • Home built in 1984 with concrete block construction and shingle roof
  • Central AC (electric) with electric heating
  • Roof replaced in 2022; AC replaced in 2025

Financial Insights For Multifamily LT 5

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 $18.1k $13.80
− Vacancy −$1.2k −$0.90
EGI $17.0k $12.90
− OpEx −$5.1k −$3.87
NOI $11.9k $9.03
1,314 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$169.5K
$148.4K – $197.8K (±1% cap)
NOI $11,868 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$157.6K
$137.9K – $183.8K (±1% cap)
NOI $11,029 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$273.4K
$239.2K – $318.9K (±1% cap)
NOI $19,136 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Hair Salon Parking Lot & Garage Spa & Massage Center Electrical Service Auto Repair Shop Auto Parts Store Bakery Plumbing Service Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Single-family home with a screened-in porch, updated roof (2022) and AC (2025) and a functional living, dining, and kitchen layout.
Where is this duplex located?
The property is located at 3838 Thunderbird Hill Circle Sebring, FL.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Home built in 1984 with concrete block construction and shingle roof; Central AC (electric) with electric heating; Roof replaced in 2022; AC replaced in 2025
More about this property
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