1001 Lakeview DriveSebring, FL 33870Price: $4,500,000

  • Price: $4,500,000
  • Est. Mortgage of $/month
  • 47 Days on Market
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Federal 30-year interest rate: 7.03% last updated on Sep 24, 2026
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1001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 338701001 Lakeview Drive Sebring FL 33870
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  • 3.04Acreage
  • 1972Year Built
  • 17,537Square Feet
RARE SEBRING INVESTMENT/REDEVELOPMENT OPPORTUNITY! Former Sunset Beach Motel at US 27 & Lakeview Dr offers 42 units on 3± acres at a highly visible hard corner with 297± FT of frontage on beautiful Lake Jackson. Surrounded by major retailers/services including Publix, Bealls Outlet, Popeyes, Verizon & CVS. Existing improvements & infrastructure provide tremendous value as construction, utility & development costs continue to rise. Renovate/stabilize the 42 units for income while positioning this prime site for future redevelopment. Owner pro forma based on $800/unit/mo, 10% vacancy & 35% expenses projects $235,872 NOI. One building has a newer metal roof; additional updating needed. Exceptional potential for upscale hotel/resort, timeshare, lakefront restaurant, retail or mixed commercial redevelopment, subject to approvals. Sebring continues expanding with new residential, industrial & national brands including BJ's Wholesale, First Watch, Wawa & Culver's, driving demand for lodging, retail & services. Secure this irreplaceable lakefront commercial site while existing improvements offer holding-income potential. BUY THE LOCATION, IMPROVE THE INCOME & POSITION FOR THE FUTURE! Buyer to verify zoning, uses, measurements & financials.
Listing Courtesy of ADVANTAGE REALTY 1

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Location Information

  • Road Frontage DescriptionAsphalt

Basic Information

  • Property SubTypeQuadruplex
  • Property TypeResidential Income
  • Special Listing Conditions None
  • Virtual TourView Tour

Property

  • ZoningMUQD

Property Information

  • Acreage3.04
  • Lot Size Dimensions 316x415
  • Lot Size Square Feet 132,292
  • MFR Living Area Meters 1,629
  • MFR Lot Size Square Meters 12,290
  • MFR Total Acreage 2 to less than 5
  • Square Feet17,537

Other

  • Date Listed08/10/2026
  • MFR Flood Zone Code AE*
  • MFR Flood Zone Date 2015-11-18
  • Status Change Timestamp2026-08-10T13:20:18
  • View Count17

Basic Information

  • List Price$4,500,000
  • MLS NumberL4964161
  • Mls Status Active
  • StatusACT

Building

  • Construction Materials Block
  • Foundation Details Slab
  • RoofMetal
  • Year Built1972

Utilities

  • Cooling Wall/Window Unit(s)
  • Heating Heat Pump
  • Laundry Features None
  • Sewer Public Sewer
  • Utilities Cable Available, Electricity Available
  • Water Source Public

Tax Information

  • Tax Year 2025
  • Taxes$20,634

Location

  • Address1001 Lakeview Drive
  • AreaSebring
  • CountyHighlands
  • Exterior Features Other, Sidewalk
  • MFR Water View Lake
  • StateFL
  • SubdivisionSunset Beach Sub
  • TownSebring
  • Township 34S
  • Zip33870

Amenities

  • Other AmenitiesLakefront, Waterfront, Water View

Water Body

  • MFR Water Access YN Yes
  • MFR Water Frontage Feet Lake 1
  • MFR Waterfront Feet Total 1
  • Water AccessLake
  • Water FeaturesLake Front
  • Water ViewYes
  • WaterfrontYes
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 25, 2026 12:08 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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