Property summary
This exceptional investment opportunity presents a combined 42-unit property in Sebring, Florida, encompassing a 17-unit apartment complex and a 25-room motel. Situated on 3.17 acres of C-1 commercially zoned land, this fee-simple offering boasts a total of 18,507 square feet of net rentable space across five buildings. The apartment complex, built in 1952 and renovated in 2022, features two buildings with 9,672 heated square feet, a separate laundry building, and approximately 20 parking… spaces. A newer standing seam metal roof (installed within the last three years) adds to its value. The motel, also built in 1952 (effectively 1986), includes 24 guest rooms, a two-bedroom, two-bathroom manager's apartment with a full kitchen and fireplace, and three buildings totaling 8,835 heated square feet. It offers approximately 27 parking spaces. The property enjoys a 90% occupancy rate, generating a strong net operating income (NOI) of $338,352 and an 8.46% cap rate. The asking price is $4,000,000, representing a price per unit of $95,238.10 and a price per square foot of $216.13. The property's location within "The City on The Circle" provides proximity to shopping, dining, golf courses, and Highlands Hammock State Park. The C-1 zoning allows for significant development potential, with an investor report suggesting the possibility of an 80-room mid-level hotel. This turn-key operation offers immediate income and substantial long-term growth potential. The property includes 47 total parking spaces.
Ownership intelligence
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Owner contacts
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
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Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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Comparables
6 recorded sales · 15 properties nearbyComparable nearby
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Price sensitivity
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Official district profile
The purpose of this district is offices, including medical, dental, legal, scientific, engineering, fine arts and literary offices
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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- Full Property Data
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight