New Construction
For Sale
$440,000
4123 MANDARIN Road, Sebring, FL 33875
Residential Income, SEBRING, FL
Property Size2,240 SF
Lot Size0.22 Acres
Price / SF$196.43
Days on Market156
Property Features for 4123 MANDARIN Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R3
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 3, Bathroom 1, Dining Room, Bedroom 1, Bathroom 2
Pets allowed
Dogs OK, Cats OK
Interior features
High Ceilings, Living Room/Dining Room Combo, Open Floorplan
Appliances
Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Subdivision
ORANGE BLOSSOM ESTATE
Directions
From Lakewood Road, go west on aloha Terr. Turn right on Mandarin Road. House will be on the left
Standard status
Active
APN
C-24-35-28-090-0030-0320
Size
2,240 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ORANGE BLOSSOM EST UNIT 9 PB 7 PG 50 LOT 32 BLK 3
Tax Annual Amount
3773
Legal Description
ORANGE BLOSSOM EST UNIT 9 PB 7 PG 50 LOT 32 BLK 3
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2024
Floors in Building
1
Flooring type
Tile - Ceramic, Carpet
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Steve Montgomery
(407) 906-0248
Added: May 24
Changed: Oct 24
Last Checked: Oct 26 at 9:06AM
MLS# O6410588
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2024-built duplex contains 2,240 square feet on a 0.22-acre lot, with two 2-bedroom, 2-bathroom units. Each side includes a 1-car garage, an open living and dining arrangement, high ceilings, a covered patio, and private outdoor space. Interior finishes include quartz countertops, wood cabinetry, stainless steel appliances, luxury vinyl plank flooring, ceramic tile, and carpet. The property is constructed with block and stucco, with central electric heating, central air conditioning, a shingle roof, public water, and septic service. R3 zoning and no HOA add to the property’s documented configuration.
The duplex is in Sebring, near shopping, restaurants, golf courses, medical facilities, and downtown. Additional property features include a public water source, cable availability, and a complete appliance package with washer and dryer.
The duplex is in Sebring, near shopping, restaurants, golf courses, medical facilities, and downtown. Additional property features include a public water source, cable availability, and a complete appliance package with washer and dryer.
Key Highlights
- 2024‑built duplex with 2,240 square feet of total property size
- Two units, each with 2 bedrooms, 2 bathrooms, and a 1‑car garage
- Situated on a 0.22‑acre lot with R3 zoning and no HOA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,232
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$404,640
$404.6K
Cap Rate 7%
$289,029
$289.0K
Cap Rate 9%
$224,800
$224.8K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$30.9K $13.80/SF
− Vacancy
−$2.0K −$0.90/SF
EGI
$28.9K $12.90/SF
− OpEx
−$8.7K −$3.87/SF
NOI
$20.2K $9.03/SF
Area
Highlands County, FL
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$404,640
Cap Rate 7%
$289,029
Cap Rate 9%
$224,800
Alternative Uses
Best Use
Multifamily LT 5
$289.0K
$252.9K – $337.2K
NOI $20,232 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$268.6K
$235.0K – $313.4K
NOI $18,801 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$466.0K
$407.8K – $543.7K
NOI $32,622 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
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Business Placement
Demographics for 33875, FL
11,004
Population
5,655
Households
1.9
Avg Household Size
53
Median Age
26%
College-Educated
92%
High-School Grad
53.4 sq mi
ZIP Area
206
Density / Sq Mi
$76,990
Median Household Income
$48,235
Median Earnings
$1,130
Median Rent
$216,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature open layouts, private covered patios, garages, and contemporary interior finishes without an HOA.
Where is this duplex located?
The property is located at 4123 MANDARIN Road Sebring, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 2024‑built duplex with 2,240 square feet of total property size; Two units, each with 2 bedrooms, 2 bathrooms, and a 1‑car garage; Situated on a 0.22‑acre lot with R3 zoning and no HOA
