Office Building With Residential
For Sale
$4,000,000
7177 S George Boulevard, Sebring, FL 33875
CommercialSale, Sebring, FL
Property Size18,600 SF
Price / SF$215.05
Days on Market344
Property Features for 7177 S George Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
52
Subdivision
Skyview Sub
Standard status
Active
APN
C-09-35-29-050-0000-0280
Taxes and HOA fees
Tax Year
2025
Tax Description
SKYVIEW SUB SEC 1 PB 9-PG 20 LOT 28 + LOT 29-LESS COUNTY RD R/W
Tax Annual Amount
25000
Legal Description
SKYVIEW SUB SEC 1 PB 9-PG 20 LOT 28 + LOT 29-LESS COUNTY RD R/W
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
monument signage
Building Details
Floors in Building
2
Flooring type
Tile, Carpet
Building materials
Block, Concrete, Stucco
Roof type
Shingle, Composition
Listing Agency:
RE/MAX of Stuart · RE/MAX International
(772) 288-1111
Listed By:
Rosi Shepard · License #3320083
(772) 323-7037
Added: Nov 5, 2025
Changed: Sep 13
Last Checked: Oct 15 at 12:06PM
MLS# M20052828
Copyright © 2026 Martin County REALTORS® of the Treasure Coast, 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 office property contains 18,600 square feet across a multi-tenant commercial center, including 13,500 square feet occupied by medical, professional, nonprofit, and service tenants. The remaining 4,500 square feet provides additional office capacity. An upstairs residential component includes a three-bedroom, two-bath apartment that is operated as a short-term rental.
The building is constructed with block, concrete, and stucco, with tile and carpet flooring, central heating and central air conditioning. A composition shingle roof installed in 2019, central utilities, surface parking, monument signage, and finished interior spaces are also part of the property. The site is located at 7177 S George Boulevard in Sebring, with frontage along US Highway 27.
The building is constructed with block, concrete, and stucco, with tile and carpet flooring, central heating and central air conditioning. A composition shingle roof installed in 2019, central utilities, surface parking, monument signage, and finished interior spaces are also part of the property. The site is located at 7177 S George Boulevard in Sebring, with frontage along US Highway 27.
Key Highlights
- 18,600 square feet of total office space
- 13,500 square feet currently leased to medical, professional, nonprofit, and service tenants
- 4,500 square feet of vacant office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$189,329
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,786,580
$3.8M
Cap Rate 7%
$2,704,700
$2.7M
Cap Rate 9%
$2,103,656
$2.1M
Market Conditions
NOI Build-Up for 18,600 SF
Gross rent
$323.6K $17.40/SF
− Vacancy
−$71.2K −$3.83/SF
EGI
$252.4K $13.57/SF
− OpEx
−$63.1K −$3.39/SF
NOI
$189.3K $10.18/SF
Area
Highlands County, FL
Vacancy
22.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,786,580
Cap Rate 7%
$2,704,700
Cap Rate 9%
$2,103,656
Alternative Uses
Best Use
Office B
$2.70M
$2.37M – $3.16M
NOI $189,329 @ 7.0% cap · market cap 4.73%
Second Best
Healthcare Medical
$2.31M
$2.02M – $2.70M
NOI $161,809 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$3.87M
$3.39M – $4.51M
NOI $270,876 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
151
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office property with an upstairs apartment, surface parking, monument signage, and central utilities.
Where is this office building located?
The property is located at 7177 S George Boulevard Sebring, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 18,600 square feet of total office space; 13,500 square feet currently leased to medical, professional, nonprofit, and service tenants; 4,500 square feet of vacant office space
