Duplex with Private
For Sale
$380,000
6301 Candler Terrace, Sebring, FL 33876
Residential, Single Story, Sebring, FL
Property Size2,566 SF
Lot Size0.50 Acres
Price / SF$148.09
Days on Market184
Property Features for 6301 Candler Terrace
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 4
Parking features
Garage, Driveway
Interior features
BB / HS Internet Available, Cable TV Available, Ceiling Fans
Appliances
Refrigerator(s), Stove(s) / Range(s) Oven(s)
Directions
From US 98 in Sebring heading East, turn right onto Lakeview Blvd 0.1 mi. Turn right at the 1st cross street onto Candler Terrace and Destination will be on the right.
Standard status
Active
APN
C-15-35-30-010-00A0-0060
Size
2,566 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SPRING LAKE SEC 1 PB 9-PG 23 LOT 6 BLK A
Tax Annual Amount
5030
HOA Fee
$50 Annually
Legal Description
SPRING LAKE SEC 1 PB 9-PG 23 LOT 6 BLK A
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Building Details
Year built
2024
Floors in Building
1
Flooring type
Tile
Building materials
Concrete Block
Roof type
Shingle
Architectural style
Other
Listing Agency:
Paradise Real Estate International LLC
(863) 272-7540
Listed By:
Kenneth Oxsalida · License #3577009
(863) 272-2396
Added: Mar 17
Changed: Sep 15
Last Checked: Sep 16 at 8:06AM
MLS# 324097
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.
Built in 2024, this two-unit duplex at 6301 Candler Terrace contains 2,566 square feet on a 0.5-acre lot. The property is currently leased through the end of the year and includes matching interiors across both residences. Tile flooring, ceiling fans, central heating and cooling, and concrete-block construction support a durable, low-maintenance design.
Each unit has a private one-car garage and driveway parking. Kitchens include white cabinetry, granite countertops, a bar-height work surface, an oversized pantry, and an adjoining laundry room. Bathrooms feature tiled walk-in showers, while the property also includes refrigerators and range ovens. The duplex is located in Sebring, Florida, near Sebring International Raceway, and is zoned R3.
Each unit has a private one-car garage and driveway parking. Kitchens include white cabinetry, granite countertops, a bar-height work surface, an oversized pantry, and an adjoining laundry room. Bathrooms feature tiled walk-in showers, while the property also includes refrigerators and range ovens. The duplex is located in Sebring, Florida, near Sebring International Raceway, and is zoned R3.
Key Highlights
- 2024‑built duplex with 2,566 square feet of building area
- 0.5‑acre parcel at 6301 Candler Terrace, Sebring, FL 33876
- Two matching units with leases in place through the end of the year
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
$23,176
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
6.10%
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%
$463,520
$463.5K
Cap Rate 7%
$331,086
$331.1K
Cap Rate 9%
$257,511
$257.5K
Market Conditions
NOI Build-Up for 2,566 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
$35.4K $13.80/SF
− Vacancy
−$2.3K −$0.90/SF
EGI
$33.1K $12.90/SF
− OpEx
−$9.9K −$3.87/SF
NOI
$23.2K $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 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%
$463,520
Cap Rate 7%
$331,086
Cap Rate 9%
$257,511
Alternative Uses
Best Use
Multifamily LT 5
$331.1K
$289.7K – $386.3K
NOI $23,176 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$307.7K
$269.2K – $359.0K
NOI $21,537 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$533.8K
$467.1K – $622.8K
NOI $37,369 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 33876, FL
5,239
Population
3,313
Households
1.6
Avg Household Size
60
Median Age
16%
College-Educated
86%
High-School Grad
31.4 sq mi
ZIP Area
167
Density / Sq Mi
$55,490
Median Household Income
$31,953
Median Earnings
$892
Median Rent
$161,500
Median Home Value
Check the figures for this property
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 - R3-zoned duplex with matching units, contemporary tile finishes, and leases in place through year-end.
Where is this duplex located?
The property is located at 6301 Candler Terrace Sebring, FL.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 2024‑built duplex with 2,566 square feet of building area; 0.5‑acre parcel at 6301 Candler Terrace, Sebring, FL 33876; Two matching units with leases in place through the end of the year
