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Renovated Triplex with Impact Features
For Sale
$609,900

4702 Mercado Drive, Sebring, FL 33872

MULTI_FAMILY - Sebring, FL

Property SizeContact for details
Lot Size0.29 Acres
Days on Market111

Property Features for 4702 Mercado Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3NC
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 8, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 5, Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 7
Directions From Highway 27 and Sun N Lakes Blvd head west to the roundabout and take the third exit onto Ponce De Leon Blvd, Take the first(west) right onto Mercado and the destination will be on your right.
Standard status Active
APN C-04-34-28-130-2560-0071
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description LAKE ONTARIO I PER OR 867 PG 245 UNITS A-B-C + INTEREST IN COMMON AREA
Tax Annual Amount 2452
Legal Description LAKE ONTARIO I PER OR 867 PG 245 UNITS A-B-C + INTEREST IN COMMON AREA

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric

Building Details

Year built 1985
Floors in Building 1
Flooring type Tile
Building materials Concrete Block
Roof type Shingle
Architectural style Other
Listing Agency: Paradise Real Estate International LLC
Listed By: Clinton Davis · License #3439767
Added: Apr 24 Changed: Jul 6 Last Checked: Aug 12 at 3:06AM
MLS# 324876

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 fully renovated triplex contains three separate units: one 4-bedroom/2-bath home, one 2-bedroom/2-bath unit, and one 2-bedroom/1-bath unit. Renovations have been completed since 2017, and the property presents with updated, move-in-ready interiors. Exterior storm protection includes impact-resistant windows and hurricane shutters. A new roof was installed in 2022, adding durability for long-term ownership. Unit 2 also includes a whole-home generator, providing an additional layer of power security.

Located in the Sun 'n Lake community in Sebring, Florida, the property is described as offering quick access to schools, healthcare, shopping, dining, and recreation within minutes. The property is identified as zoned R3NC and sits on a 0.29-acre lot.

As a rental property, the mix of unit sizes supports tenant flexibility, from larger households to smaller living arrangements. With all three units renovated and equipped with named weather-resilience improvements, the triplex is positioned for an operator seeking a turnkey residential income asset in Sun 'n Lake. For sale as a complete investment opportunity.

Key Highlights

  • Triplex with 3 distinct units: 4 bed/2 bath, 2 bed/2 bath, and 2 bed/1 bath
  • Renovated in each unit since 2017 with updated interiors and contemporary finishes
  • Impact‑resistant windows and hurricane shutters for added storm protection

Property Analytics

Current Use

Craneberry Golf Carts Golf Cart Dealer

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

509
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully renovated three-unit triplex with updated interiors, impact-resistant protection, and a newer roof.
Where is this triplex located?
The property is located at 4702 Mercado Drive Sebring, FL.
What is the asking price?
The asking price for this property is $609,900.
What are key features of this property?
This property features: Triplex with 3 distinct units: 4 bed/2 bath, 2 bed/2 bath, and 2 bed/1 bath; Renovated in each unit since 2017 with updated interiors and contemporary finishes; Impact‑resistant windows and hurricane shutters for added storm protection
More about this property
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