5-Unit Multifamily Rental
For Sale
$1,045,000
6803 Dickinson Drive, Sebring, FL 33872
Commercial, Single Story, Sebring, FL
Property Size5,000 SF
Lot Size0.85 Acres
Price / SF$209
Days on Market113
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Property Features for 6803 Dickinson Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
r3
Interior features
Ceiling Fans, Garage Door(s)
Directions
From US 27 and Sun and lakes BLVD in sebring head west. turn right onto san bruno and all properties will be in this area.
Standard status
Active
APN
C-04-34-28-160-3370-0031
Size
5,000 SF
Lot size
0.85 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SUN N LAKE EST OF SEBRING UNIT 16 PB 10 PG 4 SWLY 1/2 LOT 3 BLK 337
Tax Annual Amount
3110
Legal Description
SUN N LAKE EST OF SEBRING UNIT 16 PB 10 PG 4 SWLY 1/2 LOT 3 BLK 337
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Building Details
Year built
2023
Floors in Building
1
Building materials
Concrete Block
Roof type
Shingle
Architectural style
Other
Listing Agency:
ADVANTAGE REALTY #1
(863) 386-0303
Listed By:
Benjamin Sommerville · License #3606976
(863) 414-8045
Added: Jun 25
Changed: Sep 13
Last Checked: Oct 15 at 5:06PM
MLS# 326231
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 multifamily rental portfolio includes 5 newer 2/2 units arranged in a mix of half-duplex floor plans. The residences include both garage and non-garage configurations, with interiors featuring modern cabinetry, quality countertops, coordinated finishes, ceiling fans, and garage doors where applicable. Built in 2023, the property totals 5,000 square feet on 0.85 acres and is constructed with concrete block. Central electric heating and central air conditioning serve the units, complemented by shingle roofing.
The property is located in the Sun 'n Lake community of Sebring, with access to golf, medical facilities, recreation, shopping, and dining. R3 zoning supports the multifamily classification, while the existing unit mix provides a combination of residential layouts within one offering. Additional units may be available from the seller, allowing the package composition to be adjusted.
The property is located in the Sun 'n Lake community of Sebring, with access to golf, medical facilities, recreation, shopping, and dining. R3 zoning supports the multifamily classification, while the existing unit mix provides a combination of residential layouts within one offering. Additional units may be available from the seller, allowing the package composition to be adjusted.
Key Highlights
- 5 newer 2/2 rental units in a half‑duplex portfolio
- 5,000 square feet on 0.85 acres
- Built in 2023 with concrete block construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,966
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,320
$839.3K
Cap Rate 7%
$599,514
$599.5K
Cap Rate 9%
$466,289
$466.3K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$81.0K $16.20/SF
− Vacancy
−$4.7K −$0.94/SF
EGI
$76.3K $15.26/SF
− OpEx
−$34.3K −$6.87/SF
NOI
$42.0K $8.39/SF
Area
Highlands County, FL
Vacancy
5.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,320
Cap Rate 7%
$599,514
Cap Rate 9%
$466,289
Alternative Uses
Best Use
Apartment 5plus
$599.5K
$524.6K – $699.4K
NOI $41,966 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$910.2K – $1.21M
NOI $72,816 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Five newer two-bedroom, two-bath residences offer garage and non-garage layouts with contemporary interiors.
Where is this multifamily property located?
The property is located at 6803 Dickinson Drive Sebring, FL.
What is the asking price?
The asking price for this property is $1,045,000.
What are key features of this property?
This property features: 5 newer 2/2 rental units in a half‑duplex portfolio; 5,000 square feet on 0.85 acres; Built in 2023 with concrete block construction
