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5445 NORALEE CIRCLE UNIT 1

Commercial Recently Sold
$650,000

BTC: 10.15625000

ETH: 361.11111111

Sold on: 2023-06-02
13 days
0 room(s)
332 sqft

Overview

Well maintained MH/RV Park in the heart of Sebring. Lots of upside potential in the AirBnB market. Between lot rents and a few owned units, the park manages to generate a 6.75% cap rate. Park consists of 4 MHs and 8 RVs. Fully booked during season and 80% occupancy yr round. ProForma brings over 10% Cap rate. Park has central water, 2 septic systems, strong WiFi, and Laundry room. Room for at least 2 more units. Don't delay, this one wont last! OWNER FINANCING AVAILABLE with 50% down, 5 yr balloon with 15 yr amortization at 7%.

Location

Florida • SEBRING • 33872 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1998
Lot:
1.00 Acres
Heating:
No Data
Price/sqft:
$2,650
Cooling:
Other
HOA:
No Data

Highlights

Annual tax
$6,056
2022
All facts and features

  • Cooling

    • Other

  • Lot

    • Lot: 1.00 Acres

    Other Property Information

    • Parcel Number: C35342803000000070

    • Zoning: M1S

  • Type and style

    • Property Type: Commercial Sale

  • Other financial information

    • Annual tax amount: $6,056

  • Source details

    • MLS ID: L4936121

    Other facts

    • Construction Materials: Metal Siding

    • Foundation Details: Other

    • Living Area: 332

    • Subdivision Name: DOCKSIDE/SUNN LAKES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33872
277
median $25K
Active
Same city
SEBRING
636
median $48K
Active
Same type
Commercial
33
median $499K
Active
Similar price
$615K – $1.1M
17
median $800K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ADVANTAGE REALTY 1