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Concrete-Block Quadplex
For Sale
$374,999

S1-4-1010 Eo Douglas Ave, Sebring, FL 33870

Four-unit concrete-block property offered as-is with inspection rights.

Property Size3,560 SF
Price / SF$105.34
Days on Market52

Property Features for S1-4-1010 Eo Douglas Ave

General Information

Standard status Active
Size 3,560 SF
Property subtype Residential Income

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,187

Building Details

Construction concrete-block
Listing Agency: SPANN & ASSOCIATES REAL ESTATE
Listed By: Kal Scarvers · License #3312196
Source: Exprealty
Added: Sep 5 Changed: Oct 26 Last Checked: Oct 24 at 6:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SPANN & ASSOCIATES REAL ESTATE

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Investment Insights

Based on property information with market context.

This 3560-square-foot quadplex contains four residential units within a solid concrete-block structure. The property is being offered in as-is condition, with the right to inspect. Interior access is available after an executed contract and verification of funds or pre-approval.

Located at S1-4-1010 Eo Douglas Ave in Sebring, Florida, the property is minutes from Downtown Sebring, Lake Jackson, AdventHealth, South Florida State College, and retail along US-27. The location provides proximity to established civic, educational, medical, recreational, and commercial destinations.

Drive-by viewings are permitted, while interior access is restricted until the stated contract and financial-verification requirements are satisfied. Tenants should not be disturbed during the marketing process.

Key Highlights

  • 3560‑square‑foot quadplex with four units
  • Solid concrete‑block construction
  • Property offered strictly as‑is with right to inspect

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,154
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$643,080 $643.1K
Cap Rate 7%
$459,343 $459.3K
Cap Rate 9%
$357,267 $357.3K
Market Conditions
NOI Build-Up for 3,560 SF
Gross rent
$49.1K $13.80/SF
− Vacancy
−$3.2K −$0.90/SF
EGI
$45.9K $12.90/SF
− OpEx
−$13.8K −$3.87/SF
NOI
$32.2K $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 Rate 5%
$643,080
Cap Rate 7%
$459,343
Cap Rate 9%
$357,267

Alternative Uses

Best Use
Multifamily LT 5
$459.3K
$401.9K – $535.9K (±1% cap)
NOI $32,154 @ 7.0% cap · market cap 8.57%
Second Best
Apartment 5plus
$426.9K
$373.5K – $498.0K (±1% cap)
NOI $29,880 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$740.6K
$648.1K – $864.1K (±1% cap)
NOI $51,845 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Grocery & Convenience Store Building Supply Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

811
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit concrete-block property offered as-is with inspection rights.
Where is this quadplex located?
The property is located at S1-4-1010 Eo Douglas Ave Sebring, FL.
What is the asking price?
The asking price for this property is $374,999.
What are key features of this property?
This property features: 3560‑square‑foot quadplex with four units; Solid concrete‑block construction; Property offered strictly as‑is with right to inspect
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