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6213 CANDLER TERRACE

Multi-family For Sale
$499,900

BTC: 7.81093750

ETH: 286.31156930

20 days
8 bds
3,792 sqft

Overview

INVESTOR ALERT – PRICED FOR FAST SALE AT AN 8% PROFORMA CAP RATE! Rare opportunity to acquire a well-maintained 4-Plex in the growing Spring Lake/Sebring market near the golf course, Sebring International Raceway, and Sebring Regional Airport. This high-demand rental location continues to attract buyers and renters seeking the affordable lifestyle, natural beauty, spring-fed lakes, and relaxed atmosphere of the Lake Wales Ridge area. All four spacious 2BR/2BA units are approximately 949 SF and are offered at $1,100–$1,150 per month, presenting future upside potential through rent adjustments while remaining competitive within the local market. The property has seen extensive capital improvements, including a new roof installed in 2018, updated HVAC systems in all four units, and updated water heaters throughout the property. HVAC replacements include units 6213, 6215, and 6217 in 2021, with unit 6219 replaced in 2018. Water heater replacements include unit 6219 in 2019, unit 6217 in 2021, unit 6215 in 2022, and unit 6213 in 2024. Turnkey condition allows investors to generate immediate income while maintaining long-term flexibility for future improvements. Additional potential opportunities may include cosmetic interior upgrades and continued rental growth over time. Conveniently located near recreational amenities, golf, shopping, dining, and major transportation corridors, this property offers a strong combination of occupancy, location, and long-term investment potential in the Sebring market. Proof of funds or prequalification required prior to showings.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1983
Lot:
0.51 Acres
Heating:
Electric
Price/sqft:
$132
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$5,133
2025
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Property

    • Exterior Features: None

    Lot

    • Lot: 0.51 Acres

    Other Property Information

    • Parcel Number: C15353001000A00030

    • Zoning: R3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $5,133

  • Source details

    • MLS ID: L4961909

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Living Area: 3792

    • Water Source: Public

    • Lot Size Dimensions: 115 x 190

    • Subdivision Name: SPRING LAKE SEC 01

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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