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$4,500,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3.04 Acres
  • Updated 4 hours ago
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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.

Full Property Details for 1001 Lakeview Dr

General

  • Price: $4,500,000
  • Taxes: $20,634 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: L4964161
  • Updated: 8/15/2026
  • Added to Site: 5 day(s) ago

Interior

  • Interior Features: Ninguno

Exterior

  • Exterior Features: Other, Sidewalk

Location

  • Area: 33870 - Sebring
  • County: Highlands
  • Development Name: 33870 - Sebring
  • Subdivision: SUNSET BEACH SUB
  • Driving Directions: Take US 27 to Lakeview turn left and property will be on the left.

Community

  • Community Name: 33870 - Sebring

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Available

Structural Information

  • # Buildings: 5
  • Exterior Const.: Block
  • Roof: Metal
  • Square Feet: 17,537
  • Sq. Ft. Source: Public Records
  • Year Built: 1972

Lot Features

  • Lot Size (Acres): 3.04
  • Lot Size (Sq. Ft.): 132,292
  • Lot Size: 3.037
  • Lot Dimensions: 316 x 415
  • Street/Road Desc.: Asphalt

Water Features

  • Water Front: Yes
  • Water Access: Yes
  • Water Access Desc: Lake
  • Water Front Desc.: Lake Front

Financial Considerations

  • Tax Amount: $20,634.8
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Leasehold
  • Special Conditions: None
  • 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 Zone Info: AE*
  • APN: S32342907000300390
  • Property ID: S32342907000300390
  • Block/Lot/Section: 3

Listed by Advantage Realty 1

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— 1001 Lakeview Dr —

  • Advantage Realty 1

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1001 Lakeview Dr

School District:Highlands County School District
NameGradesDistance
Fred Wild Elementary School
3550 Youth Care Lane, Sebring, FL 33870
PK-51 mi
Sebring High School
3514 Kenilworth Boulevard, Sebring, FL 33870
9-121.3 mi
Sebring Middle School
500 East Center Avenue, Sebring, FL 33870
6-81.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1001 Lakeview Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/10/2026
Listed
$4,500,000
414.29%
MLS
6/15/2017
Sold
$875,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1001 Lakeview Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,103
—
$932,020
—
2024
$20,103
4%
$933,995
4%
2023
$19,330
19%
$896,459
22%
2021
$16,212
-7%
$736,585
-10%
2022
$17,398
7%
$821,323
11%
2021
$16,212
-8%
$739,208
—
2019
$17,690
12%
$739,208
1%
2018
$15,851
-10%
$733,316
-17%
2017
$17,690
-5%
$888,845
1%
2016
$18,659
3%
$875,969
4%
2015
$18,156
-1%
$842,050
—
2014
$18,322
7%
$839,812
—
2013
$17,122
—
$840,605
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1001 Lakeview Drive, Sebring, FL 33870 (MLS# L4964161) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1001 Lakeview Drive is currently listed for $4,500,000 and was received on August 10, 2026. Want to learn more about 1001 Lakeview Drive? Do you have questions about finding other Multi-Family real estate for sale in Sebring? You can browse all Sebring real estate or contact a Coldwell Banker agent to request more information.

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