1001 Lakeview Drive, Sebring, FL 33870

Sebring
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
1001 Lakeview Drive,Sebring, FL 33870
$4,500,000
Virtual Tour
  • - Beds
  • - Baths
  • 17,537 sq. ft.
  • Multi-family
  • Active
Listed by: steve smith
Office: advantage realty 1
MLS#:L4964161
Source:MFRMLS

Price summary

  • Price:$4,500,000
  • Price per sq. ft.:$256.6

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,...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1972
  • Subdivision & Development:SUNSET BEACH SUB
  • Listing ID #:L4964161
  • Added:87 day(s) ago
  • Updated:November 05, 2026 at 10:08 PM

Rooms and interior

  • Living area:17,537 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Metal
  • Year built:1972
  • Building area:17,537 sq. ft.
  • Lot area:3.04 Acres
  • Construction Materials:Block
  • Exterior Features:Sidewalk
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,500,000
  • Price per sq. ft.:$256.6
  • Tax amount:$20,635 (2025)

Features and amenities

  • Amenities:Cable Available, Electricity Available
  • Pool features:Public Pool
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. Better Homes and Gardens Real Estate Lifestyles Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Lifestyles Realty, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved.

New listings near 1001 Lakeview Drive