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    Property profile & analytics

    229 Commerce Ave Sebring, FL 33870-3604

    • Office buildings
    • 4,490 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Last Sale
    Nov 13, 2023
    $375,000
    Location Intelligence
    Property ID
    US18-3107123
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 229 Commerce Ave

    Year built
    1977
    Construction
    CONCRETE BLOCKS
    Lot size
    0.17 lot acres
    Property size
    4,490 SF
    Zone code
    C1
    Property type
    Office buildings
    APN
    S-29-34-29-070-0640-0030
    APU
    S29342907006400030

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sebring
    County
    Highlands
    State
    Florida
    Longitude
    -81.4395
    Latitude
    27.494
    CBSA code
    42700
    CBSA name
    SEBRING, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,693
    $25,000
    $299,030
    $324,030
    -
    $25,000
    $299,030
    $324,030

    Comparable in this City

    • Value Estimation by Request
      1,104 SF

      125 Ctr Ave

      PROFESSIONAL BUILDING • 1,104 SF
      125 Ctr Ave, Sebring, FL 33870-3104
      View Details
    • Value Estimation by Request
      28,360 SF

      5901 Us Hwy 27th S

      OFFICE BUILDING (MULTI-STORY) • 28,360 SF
      5901 Us Hwy 27th S, Sebring, FL 33870-2117
      View Details
    • Value Estimation by Request
      3,345 SF

      611 Us Hwy 27th S

      OFFICE BUILDING (MULTI-STORY) • 3,345 SF
      611 Us Hwy 27th S, Sebring, FL 33870-2168
      View Details
    • Value Estimation by Request
      4,026 SF

      1 Ulmann Dr

      OFFICE BUILDING (MULTI-STORY) • 4,026 SF
      1 Ulmann Dr, Sebring, FL 33870-7568
      View Details
    • Value Estimation by Request
      9,225 SF

      7441 Us Hwy 27th N, Unit 11

      OFFICE BUILDING (MULTI-STORY) • 9,225 SF
      7441 Us Hwy 27th N, Sebring, FL 33870-1030
      View Details
    • Value Estimation
      $185,000
      1,200 SF

      2113 Us Hwy 27th S

      OFFICE BUILDING (MULTI-STORY) • 1,200 SF
      2113 Us Hwy 27th S, Sebring, FL 33870-4933
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Sebring Office Building For Sale

      Office building available for purchase in Sebring, Florida.
      740 Sebring Square Aly, Sebring, FL 33870
      View Details
    • $595,000
      0.38 Acres

      Income-Producing Commercial Building on US Hwy 27

      Two-story commercial building with highway frontage and multiple leased units.
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    • Contact for pricing

      Professional Office Space Available

      Ground floor office unit with high visibility.
      2153 Us Hwy S, Sebring, FL 33870
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    • $459,000

      Executive Office Space on Hwy 27

      Executive office space for sale on Hwy 27 in Florida.
      2153 Us Hwy 27 Hwy S, Sebring, FL 33870
      View Details
    • $399,000
      0.17 Acres

      Sebring Commercial Building with C1 Zoning

      Commercial building in downtown Sebring with C1 zoning and rental cottage.
      343 S Commerce Ave, Sebring, FL 33870
      View Details
    • $235,000
      0.17 Acres

      Downtown Sebring Commercial Building For Sale

      Commercial building in downtown Sebring, ideal for various business uses.
      351 S Commerce Ave, Sebring, FL 33870
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      2,601 SF

      Sebring Commercial Space For Lease

      2,601 SF commercial space with warehouse and office in Sebring.
      971 State Road 17 N, Sebring, FL 33870
      View Details
    • $12 SF/Yr
      8,450 SF

      3324 COMMERCE CENTER LANE SEBRING FL 33870

      Medical offices • 8,450 SF
      3324 Commerce Center Ln, Sebring, FL 33870
      View Details
    • $24,000

      Medical Office Space Near Hospital

      1,500 RSF medical office space near AdventHealth Sebring.
      6801 Us-27 N B3, Sebring, FL 33870
      View Details
    • $142,500

      Medical Office Suite For Lease

      9500 SF medical office suite available for lease.
      5901 U S Highway 27 S, Sebring, FL 33870
      View Details
    • $28,284

      Medical Office Space Near Hospital

      1,768 RSF medical office space near AdventHealth Sebring.
      6801 Us-27 N B2, Sebring, FL 33870
      View Details
    • $29,184

      Medical Office Space Near Hospital

      Turn-key medical office space near AdventHealth Sebring.
      6801 Us-27 N B1, Sebring, FL 33870
      View Details
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    229 Commerce Ave
    Sebring, FL 33870-3604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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