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$4,500,000

1001 Lakeview Drive

Sebring, FL 33870

Listing updated: August 15, 2026 at 5:32 PM ET

Active

Listing courtesy of Advantage Realty 1 · Steve Smith · MLS #L4964161 · Active · 863-386-1111

Beds

Baths

17,537

Sq Ft

3.04

Acres

1972

Built

◆Waterfront◆Water access◆3.04 acres◆$257/sqft◆360° tour

Quadruplex

Property type

1972

Year built

132,292 sqft

Lot size

$257

Price / sq ft

No HOA

HOA dues

Days on market

AE*

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$22,754

Property taxes$1,720

Home insurance (est.)$2,063

Down payment

20%

$900,000 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history5 days on market

Status: Active
Aug 10, 2026
Listed$4,500,000
Aug 10, 2026
Price increased$4,500,000

Facts & features

Property type: Residential Income
Sub type: Quadruplex
Status: Active
Days on market: 5
Subdivision: Sunset Beach Sub
County: Highlands
Year built: 1972
Living area: 17,537 sq ft
Price/sq ft: $257
Lot size: 132,292 sq ft
Lot category: 2 to less than 5
Flood zone: AE* (12055C0227C)
Annual taxes: $20,635 (2025)
Parcel #: S-32-34-29-070-0030-0390
Zoning: MUQD
MLS #: L4964161

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Interior Details

Bedrooms: 0
Interior features: Ninguno
Laundry: None

Heating & Cooling

Heating: Heat Pump
Cooling: Wall/Window Unit(s)

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
CDD: No
Listing terms: Cash, Conventional
Ownership: Leasehold

Exterior & Construction

Exterior features: Other, Sidewalk
Construction materials: Block
Roof: Metal
Foundation: Slab
Waterfront: Yes
Water access: Yes
Water view: Yes
Road surface: Asphalt

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Cable Available, Electricity Available

Listing Details

Listing date: 2026-08-10
On market date: 2026-08-10
Original list price: $4,500,000
MLS area: 33870 - Sebring
Listing AOR: Lakeland
Status changed: 2026-08-10
Tax legal description: SUNSET BEACH SUB PB 1-PGS 20-21 W 100 FT OF LOT 39 + CONTIG PART OF WARWICK AVE + LOTS 41 + 43 BLK 3

Flood risk

High riskFEMA Zone AE*Panel 12055C0227C

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Take US 27 to Lakeview turn left and property will be on the left.

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Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of August 15, 2026 at 5:32 PM ET. 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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