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Waverly Apartments 1015 SE Lakeview Dr 20 Unit Apartment Building $6,839,200 CAD ($341,960 CAD/Unit) Sebring, FL 33870



Executive Summary
This multifamily investment opportunity consists of the Waberly Apartments, a lakefront property located at 1015 SE Lakeview Drive in Sebring, Florida. The asset features a total of 21 residential units across multiple buildings, complemented by one commercial building. The residential mix includes a 12-unit building with all one-bedroom layouts and two additional four-unit buildings, each offering two-bedroom, one-bath configurations. Interior hallways provide secure access, and the property’s layout supports both long-term rental and potential condo conversion strategies. Situated on approximately 80,000 square feet of land, the property offers direct lakefront views and walkable access to nearby shopping and commercial amenities. This location combines lifestyle appeal with investment upside, making it attractive for both owner-operators and investors seeking stable income in a growing market. The site’s zoning supports multifamily use, and its configuration allows for operational flexibility and future value-add opportunities. With its combination of waterfront positioning, established tenancy potential, and proximity to local conveniences, this property represents a rare chance to acquire a multifamily asset in Sebring’s desirable residential corridor.
Property Facts
| Price | $6,839,200 CAD | Building Class | C |
| Price Per Unit | $341,960 CAD | Lot Size | 1.86 AC |
| Sale Type | Investment | Building Size | 19,642 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 3/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | MUQD - Mixed Use | ||
| Price | $6,839,200 CAD |
| Price Per Unit | $341,960 CAD |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.86 AC |
| Building Size | 19,642 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 3/1,000 SF |
| Zoning | MUQD - Mixed Use |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 699 |
| 2+1 | 10 | - | 950 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | S-32-34-29-070-0030-0370 | Improvements Assessment | $1,668,362 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,668,362 CAD |
Property Taxes
Parcel Number
S-32-34-29-070-0030-0370
Land Assessment
$0 CAD
Improvements Assessment
$1,668,362 CAD
Total Assessment
$1,668,362 CAD
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Waverly Apartments | 1015 SE Lakeview Dr
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