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$499,900 Sale Pending
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Property Description
Under contract-accepting backup offers. INVESTOR ALERT - PRICED FOR FAST SALE AT AN 8% PROFORMA CAP RATE! Rare opportunity to acquire an impeccably maintained, 100% occupied 4-Plex in the rapidly growing Spring Lake/Sebring market near the golf course, Sebring International Raceway, and Sebring Regional Airport. This high-demand rental location continues to benefit from migration from Florida's coastal cities as buyers and renters seek the affordable lifestyle, natural beauty, spring-fed lakes, and quiet country living of the Lake Wales Ridge area. All four spacious 2BR/2BA units offer approximately 949 SF and remain consistently rented below current market rates, creating immediate built-in upside for investors. Current rents range from $1,100-$1,150/month with strong long-term tenants already in place. Simple rent adjustments of only $100 per unit could significantly increase NOI and future valuation potential while still remaining competitive in today's market. Property has been exceptionally maintained with a New roof installed 2018, all 4 units have new HVAC & Waters heaters. Turnkey condition allows investors to cash flow immediately while implementing value-add improvements over time. Additional upside opportunities include: "¢ Light cosmetic upgrades such as granite countertops and interior enhancements to push rents even higher "¢ Potential future condo conversion opportunity with firewall-ready layout offering substantial resale upside "¢ Strong long-term appreciation potential as Sebring growth accelerates around the Raceway, airport expansion, and recreational development "¢ Excellent depreciation benefits and wealth-building hold strategy over the next 5-7 years Projected value-add scenarios could create substantial equity growth through improved rents, appreciation, and potential condo sellout strategy. Whether you are seeking immediate income, long-term appreciation, or future redevelopment upside, this property checks every box. Opportunities like this at an attractive cap rate are becoming increasingly difficult to find in Central Florida. Don't miss your chance to secure a stabilized multifamily asset with major upside potential in one of Florida's hidden growth markets! All buyer's must sign CA for financials and before any showing MUST provide a bilaterally signed purchase agreement on acceptable price and terms PRIOR to any Showings along with prequalification(s)/Proof of Funds.
Full Property Details
Full Property Details for 6213 Candler Terrace
General
- Price: $499,900
- Taxes: $5,133 (2025)
- Status: Pending
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: L4961924
- Updated: 5/17/2026
- Added to Site: 2 day(s) ago
Rental Information
- Min. Lease: 1-2 Years
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s), Primary Bedroom Main Floor, Thermostat
- Appliances: Convection Oven, Dishwasher, Electric Water Heater, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Other
Location
- Area: 33876 - Sebring
- County: Highlands
- Development Name: 33876 - Sebring
- Subdivision: SPRING LAKE SEC 01
- Driving Directions: US 27 & Hammock Rd to south to hwy 98 to Spring Lake to right on Spring Lake Blvd to right on Candler Terr.
- Direction Faces: South
Community
- Community Name: 33876 - Sebring
- Community Features: None
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 3,792
- Sq. Ft. Source: Estimated
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,850
- Lot Size: 21850
- Lot Dimensions: 115 x 190
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $5,133.46
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SPRING LAKE SEC 1 PB 9 PG 23 LOT 3 BLK A
- Flood Zone Info: X
- APN: C15353001000A00030
- Property ID: C15353001000A00030
- Block/Lot/Section: A
Listed by Advantage Realty 1
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Schools
Schools serving 6213 Candler Terrace
School District:Highlands County School District
| Name | Grades | Distance |
|---|---|---|
Fred Wild Elementary School 3550 Youth Care Lane, Sebring, FL 33870 | PK-5 | 8 mi |
Sebring High School 3514 Kenilworth Boulevard, Sebring, FL 33870 | 9-12 | 8.1 mi |
Sebring Middle School 500 East Center Avenue, Sebring, FL 33870 | 6-8 | 8.7 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 6213 Candler Terrace
Date
Details
Price
Change
Source
5/15/2026
Listed
$499,900
404.95%
MLS
1/08/2015
Sold
$99,000
—
Public Record
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
Tax History for 6213 Candler Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,118
—
$349,523
-2%
2024
$5,118
11%
$358,315
10%
2023
$4,621
19%
$325,572
57%
2022
$3,876
7%
$207,051
5%
2021
$3,638
—
$198,126
25%
2021
$3,638
35%
$158,643
40%
2019
$2,688
14%
$113,073
20%
2018
$2,350
2%
$94,537
-7%
2017
$2,296
5%
$101,504
13%
2016
$2,185
19%
$90,026
15%
2015
$1,838
—
$78,120
1%
2014
$1,839
7%
$77,691
1%
2013
$1,714
—
$76,766
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6213 Candler Terrace
6213 Candler Terrace, Sebring, FL 33876 (MLS# L4961924) is a Condo property with 8 bedrooms and 8 full bathrooms. 6213 Candler Terrace is currently listed for $499,900 and was received on May 15, 2026. Want to learn more about 6213 Candler Terrace? Do you have questions about finding other Condo real estate for sale in Sebring? You can browse all Sebring real estate or contact a Coldwell Banker agent to request more information.

