Sebring Multifamily Investment
For Sale
$814,900
615 Memorial Drive, Sebring, FL 33870
MULTI_FAMILY - Sebring, FL
Property SizeContact for details
Lot Size0.50 Acres
Days on Market93
Property Features for 615 Memorial Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
0310
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 8, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 6, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 8, Bathroom 1, Bathroom 7
Parking features
Driveway
Directions
North on US 27 Right on Sebring Parkway Left On Memorial Dr
Standard status
Active
APN
C-14-34-28-020-3100-0110
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LAKE BOULEVARD SUB PB 2-PG 82 LOT 11 BLK 310 -LESS RD R/W
Tax Annual Amount
3533
Legal Description
LAKE BOULEVARD SUB PB 2-PG 82 LOT 11 BLK 310 -LESS RD R/W
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Year built
2007
Floors in Building
1
Flooring type
Vinyl
Building materials
Concrete Block
Roof type
Metal
Architectural style
Other
Listing Agency:
Paradise Real Estate International LLC
(863) 272-7540
Listed By:
Brooke Foster
(863) 441-0781
Added: May 27
Changed: Jun 8
Last Checked: Aug 27 at 4:06PM
MLS# 325389
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Investment Insights
Based on property information with market context.
This is an excellent investment opportunity featuring four well-maintained duplex units situated in Sebring. These income-producing properties offer rental potential with desirable floor plans and spacious living areas. The low-maintenance construction adds to the appeal. Each unit includes 2 bedrooms, 2 bathrooms, and open-concept living spaces. Vinyl flooring and indoor laundry are featured in each unit, along with ample parking. The location is convenient to shopping, dining, schools, medical facilities, and downtown Sebring. Its proximity to SFSC makes it suitable for student housing. This property is ideal for investors seeking steady cash flow or owner-occupants looking to live in one unit while generating rental income from the others. It presents a great opportunity to expand a multifamily portfolio in a growing rental market. The property is being sold as 2 buildings with 2 units per building, totaling 4 rentable units. The current rental income is $1250 per unit, with a lease. The lot size is 0.5 acres.
Key Highlights
- Four duplex units total, sold as 2 buildings (2 units per building) with 4 rentable units overall
- Each unit features 2 bedrooms and 2 bathrooms with open‑concept living and vinyl flooring
- Indoor laundry in each unit and ample parking plus driveway parking
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Explore this area
Business Placement
Demographics for 33870, FL
24,238
Population
13,933
Households
1.7
Avg Household Size
51
Median Age
18%
College-Educated
84%
High-School Grad
95.3 sq mi
ZIP Area
254
Density / Sq Mi
$50,606
Median Household Income
$28,475
Median Earnings
$977
Median Rent
$154,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Four well-maintained duplex units in Sebring, Florida.
Where is this duplex located?
The property is located at 615 Memorial Drive Sebring, FL.
What is the asking price?
The asking price for this property is $814,900.
What are key features of this property?
This property features: Four duplex units total, sold as 2 buildings (2 units per building) with 4 rentable units overall; Each unit features 2 bedrooms and 2 bathrooms with open‑concept living and vinyl flooring; Indoor laundry in each unit and ample parking plus driveway parking
