Maintained Duplex With Screened
For Sale
Under Contract
$319,900
5333 Surrey Lane, Sebring, FL 33875
Residential, Single Story, Sebring, FL
Property Size2,497 SF
Price / SF$128.11
Days on Market50
Property Features for 5333 Surrey Lane
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3FUD
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Garage
Interior features
BB / HS Internet Available, Blinds, Cable TV Available, Ceiling Fans, Garage Door Opener, Tray Ceilings
Exterior features
Central Irrigation, Stucco
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator(s), Stove(s) / Range(s) Oven(s), Washer, Wtr Heater-Electric
Directions
From US Hwy 27 & Hammock Road, go west on Hammock Rd to left on CR 635, to right into The Country Club of Sebring (Haw Branch Road), follow Haw Branch past the restaurant, pro shop & pool to Country Club Downs on left.
Standard status
Active Under Contract
APN
C-09-35-28-200-0050-00A0
Size
2,497 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
COUNTRY CLUB DOWNS UNREC BUILDING 5 UNIT A + INT IN COMMON AREA
Tax Annual Amount
3417
HOA Fee
$750 Annually
Legal Description
COUNTRY CLUB DOWNS UNREC BUILDING 5 UNIT A + INT IN COMMON AREA
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Amenities
covered front porch
screened lanai
inside laundry room
community pool
golf course
tennis courts
pickleball courts
restaurant
Building Details
Year built
2006
Floors in Building
1
Flooring type
Carpet, Tile
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: Jul 24
Changed: Sep 4
Last Checked: Sep 11 at 7:06AM
MLS# 326797
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 2,497-square-foot, single-story duplex property was built in 2006 and features an open interior with 10-foot ceilings, 8-foot doors, tile and carpet flooring, and abundant natural light. The kitchen includes wood cabinetry, granite counters, a tile backsplash, stainless steel appliances, and a breakfast bar. Additional features include a den, bonus room, inside laundry, central air, electric heating, and a primary suite with two walk-in closets, dual vanities, a jetted tub, and a walk-in shower. A screened lanai extends toward the backyard, while the exterior includes stucco construction, a shingle roof, central irrigation, and garage parking.
The property is located in Sebring, Florida, within The Country Club of Sebring. Community amenities include a pool, golf course, pro shop, tennis and pickleball courts, and a restaurant. Public sewer serves the property, and zoning is R3FUD.
The property is located in Sebring, Florida, within The Country Club of Sebring. Community amenities include a pool, golf course, pro shop, tennis and pickleball courts, and a restaurant. Public sewer serves the property, and zoning is R3FUD.
Key Highlights
- 2,497 square feet with 10‑foot ceilings and 8‑foot doors
- Built in 2006 with concrete block construction and a shingle roof
- Kitchen with granite countertops, tile backsplash, wood cabinetry, and stainless steel appliances
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
$22,553
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
7.05%
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%
$451,060
$451.1K
Cap Rate 7%
$322,186
$322.2K
Cap Rate 9%
$250,589
$250.6K
Market Conditions
NOI Build-Up for 2,497 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
$34.5K $13.80/SF
− Vacancy
−$2.2K −$0.90/SF
EGI
$32.2K $12.90/SF
− OpEx
−$9.7K −$3.87/SF
NOI
$22.6K $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 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%
$451,060
Cap Rate 7%
$322,186
Cap Rate 9%
$250,589
Alternative Uses
Best Use
Multifamily LT 5
$322.2K
$281.9K – $375.9K
NOI $22,553 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$299.4K
$262.0K – $349.3K
NOI $20,958 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$519.5K
$454.6K – $606.1K
NOI $36,364 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Single-story duplex property with upgraded finishes, a two-car garage, and access to Country Club of Sebring amenities.
Where is this duplex located?
The property is located at 5333 Surrey Lane Sebring, FL.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 2,497 square feet with 10‑foot ceilings and 8‑foot doors; Built in 2006 with concrete block construction and a shingle roof; Kitchen with granite countertops, tile backsplash, wood cabinetry, and stainless steel appliances
