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13300 US Highway 98 - 4-Unit Apartment Complex- PENDING

4 Unit Apartment Building Offered at $449,900 in Sebring, FL 33876

Investment Highlights

  • concrete block construction with 2/1 home coupled with additional adjacent 3 units
  • 4-unit apartment complex situated on scenic Red Beach lakefront property.
  • Future Upside Profit Potential

Executive Summary

4-unit apartment complex situated on scenic Red Beach lakefront property. The building consists of concrete block construction with 2/1 home coupled with additional adjacent 3 units for future income potential. Property is well-maintained with potential for steady rental income. Recent improvements include the complete replacement of the septic system. The property offers a unique opportunity for investors seeking residential rental properties in a desirable location. Come live in your own park like setting with majestic oaks on Red Beach Lake while renting out the 3 adjacent units for top value!

Property Facts Under Contract

Price $449,900
Price Per Unit $112,475
Sale Type Investment
No. Units 4
Property Type Multifamily
Apartment Style Low Rise
Lot Size 0.53 AC
Building Size 2,281 SF
No. Stories 1
Year Built 1950
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Lake Access
  • Smoke Detector

zoning

Zoning Code B2
B2
  • Listing ID: 34007362

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 13300 US Highway 98, Sebring, FL 33876

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