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SPRING LAKE SEC 01 - L4961924 - 6213 CANDLER TER, SEBRING, FL 33876 7 Days on yellowkey
$499,900 | Condo | 8 beds | 8.0 baths
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.
Listing is courtesy of: ADVANTAGE REALTY 1
BLUFFS OF SEBRING CONDO - A4692783 - 4729 CASABLANCA CIR #C21, SEBRING, FL 33870 9 Days on yellowkey
$155,000 | Condo | 3 beds | 2.0 baths
Welcome to Lake Mary Jane! This fantastic end unit turnkey condo has 3 bedrooms 2 full baths, in unit laundry and beautiful water views. This is a corner unit condo offering great views of the lake and the pool, so you can relax on the screened in lanai overlooking Lake Mary Jane and enjoy the extra site lines to the pool, beautiful breezes and lots of natural light too. The open concept kitchen leads to the dining and living areas great for entertaining. Located in a 55+ gated community with many amenities including a heated pool & spa, a clubhouse, tennis/pickleball courts, shuffleboard, & more. Conveniently located near Advent Hospital, other medical offices, restaurants, golf, banking, and everyday needs like grocery, gas and shopping. The monthly maintenance fee includes basic cable & internet, water, sewer, trash pickup, lawn care, and exterior maintenance. This condo is being sold as is with all the furnishings, so just bring your clothes and enjoy immediately! When sending offers please INCLUDE ALL ATTACHMENTS ON THIS LISTING. Come see all this condo provides at a price well under market value that you won't want to miss!!
Listing is courtesy of: KELLER WILLIAMS ON THE WATER S
BLUFFS OF SEBRING CONDO - C7525861 - 5369 CASABLANCA CIR #K24, SEBRING, FL 33870 10 Days on yellowkey
$169,000 | Condo | 2 beds | 2.0 baths | 1 car
Welcome to this inviting 2 bedroom, 2 bath furnished waterfront condo located in the desirable 55+ community of The Bluffs of Sebring (Unit K-24). This well-maintained unit features an open-concept kitchen and living area designed to maximize beautiful lake views, along with updated stainless steel appliances and newer plank flooring for added comfort and value. The spacious primary suite offers peaceful water views, direct access to the screened lanai, and a walk-in closet, while both bathrooms include updated vanities and backsplash finishes. Enjoy relaxing mornings and stunning sunsets from the 11x13 covered, screened lanai overlooking the private lake. This property comes with its own covered parking and shed for extra storage. All appliances and washer and dryer included. Residents of The Bluffs enjoy a true resort-style lifestyle centered around a scenic 14-acre lake, with amenities including a heated pool and spa, clubhouse, fitness and game rooms, library, tennis and pickleball courts, and a full calendar of social activities. The monthly maintenance fee covers water, sewer, trash, building maintenance, lawn care, cable, high-speed internet, and access to all community amenities. The association is professionally managed onsite with dedicated maintenance and landscaping staff. Experience low-maintenance Florida living with exceptional water views in this fully furnished condo. Centrally located to lakes, golf courses, restaurants, shopping, medical facilities, and The Sebring International Raceway. Just two hours from either east or west coast to the beaches, Orlando, Tampa, Fort Myers, Port St. Lucie, & More! All info and measurements are deemed reliable but should be verified by the buyers and their agents.
Listing is courtesy of: KELLER WILLIAMS REALTY FT MYER
GREENBRIAR VILLAS CONDO - B4902242 - 3635 EDGEWATER DR #3635, SEBRING, FL 33872 29 Days on yellowkey
$188,500 | Condo | 2 beds | 2.5 baths
Enjoy resort-style living in this beautifully furnished home overlooking the desirable Sun N Lake Golf Course, offering stunning views and convenient amenities. This condo features 2 bedrooms and 2.5 bathrooms, including dual master suites with generously sized bedrooms, including a walk-in shower and a tub. The interior boasts appealing upgrades throughout, including an upgraded kitchen with stainless steel appliances, granite countertops, and ample storage with a convenient under-stair space. Step outside to enjoy two upper-level balconies or unwind in the screened-in back porch—perfect for taking in the serene surroundings. Greenbriar Villas Condo is a 55+ community with $800 quarterly dues that covers the care of the pool, lawncare, exterior insurance, and exterior maintenance. Ideally located just moments from the clubhouse, community center, pool, and on-site restaurant, this property also offers the convenience of extra parking nearby. Whether you're seeking a full-time residence or a seasonal retreat, this condo combines comfort, style, and an unbeatable location.
Listing is courtesy of: PALMETTO LEGACY REALTY