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    3706 Vilabella Dr Sebring, FL 33872

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    3706 Vilabella Dr Sebring, FL 33872

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    • Residential income homes
    Off-Market
    Property ID
    US18-7140195
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 3706 Vilabella Dr

    Year built
    1980
    Property type
    Residential income homes

    Description

    This exceptional investment opportunity presents a six-unit multifamily property located at 3706 Vilabella Dr, Sebring, FL 33872. The property, classified as Class A, consists of six one-bedroom, one-bathroom units, each currently renting for $1,000 per month, resulting in a 100% occupancy rate and a strong Net Operating Income (NOI) of $41,333. The property boasts a 7.25% capitalization rate, offering a compelling return on investment. Built in 1980 and extensively renovated in 2022, the property features a new roof and tasteful interior updates. Each unit includes one parking space and a private patio overlooking a shared pool area. The property is situated within the desirable Sun 'N' Lake community, providing residents access to an array of amenities, including two championship 18-hole golf courses, a racquet club, a pool and fitness center, basketball courts, and a dog park. The community also offers a vibrant community center with numerous resident activities and the 1,350-acre Sun 'N' Lake Preserve for outdoor recreation. This turnkey investment is priced at $570,000, or $95,000 per unit, representing a rare opportunity to acquire a high-performing multifamily asset in a thriving Florida community. The property's strong performance, desirable location, and recent renovations make it an ideal addition to any investment portfolio.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sebring
    County
    Highlands
    State
    Florida
    Longitude
    -81.5112596
    Latitude
    27.5300377

    Comparable in this City

    • $235,000
      1,006 SF

      New Construction Half Duplex

      Modern, spacious half duplex, perfect for first-time buyers or investors.
      7004 San Bruno Dr, Sebring, FL 33872
      View Details
    • New
      $614,900
      0.29 Acres

      Renovated Triplex in Sun 'n Lake

      Fully renovated triplex with versatile layout in Sebring, Florida.
      4702 Mercado Dr, Sebring, FL 33872
      View Details
    • $60,000
      0.28 Acres

      Cleared Lot in Gated Community

      Cleared lot ready for dream home in Sebring, Florida.
      5020 Sugar Bay St, Sebring, FL 33872
      View Details
    • Contact for pricing
      0.23 Acres

      Residential Lot in Sun N Lake

      Wooded lot in desirable Sebring community, ready for building.
      5101 San Juan Dr, Sebring, FL 33872
      View Details
    • $55,000

      Land For Sale

      0.29 acre land available for purchase.
      5410 Belmar Dr, Sebring, FL 33872
      View Details

    Similar Nearby for Sale

    • $235,000
      1,006 SF

      New Construction Half Duplex

      Modern, spacious half duplex, perfect for first-time buyers or investors.
      7004 San Bruno Dr, Sebring, FL 33872
      View Details
    • New
      $614,900
      0.29 Acres

      Renovated Triplex in Sun 'n Lake

      Fully renovated triplex with versatile layout in Sebring, Florida.
      4702 Mercado Dr, Sebring, FL 33872
      View Details
    • $60,000
      0.28 Acres

      Cleared Lot in Gated Community

      Cleared lot ready for dream home in Sebring, Florida.
      5020 Sugar Bay St, Sebring, FL 33872
      View Details
    • Contact for pricing
      0.23 Acres

      Residential Lot in Sun N Lake

      Wooded lot in desirable Sebring community, ready for building.
      5101 San Juan Dr, Sebring, FL 33872
      View Details
    • $55,000

      Land For Sale

      0.29 acre land available for purchase.
      5410 Belmar Dr, Sebring, FL 33872
      View Details

    Similar Nearby for Lease

    • $2,684 /Mo
      2,300 SF

      Medical Office Space Available

      Move-in ready medical office space in Sebring, Florida.
      4511 Sun N Lake Blvd, Sebring, FL 33872
      View Details
    • Contact for pricing

      Corner Unit with Covered Parking

      2,575 SF corner unit with 930 SF covered parking.
      4850 Sun N Lake Blvd, Sebring, FL 33872
      View Details
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    Sebring, FL 33872
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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