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1001 LAKEVIEW DRIVE

Multi-family For Sale
$4,500,000

BTC: 57.82946733

ETH: 1,875.00000000

12 days
Waterfront
0 room(s)
17,537 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1972
Lot:
3.04 Acres
Heating:
Heat Pump
Price/sqft:
$257
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$20,634
2025
Waterfront
Lake Front
All facts and features
  • Heating

    • Heat Pump

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Ninguno

  • Property

    • Exterior Features: Other / Sidewalk

    Lot

    • Lot: 3.04 Acres

    Other Property Information

    • Parcel Number: S32342907000300390

    • Zoning: MUQD

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Available

    • Electricity Available

  • Other financial information

    • Annual tax amount: $20,635

  • Source details

    • MLS ID: L4964161

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: None

    • Waterfront: Yes

    • Living Area: 17537

    • Water Source: Public

    • Lot Size Dimensions: 316 x 415

    • Subdivision Name: SUNSET BEACH SUB

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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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