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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
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
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

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
  • Listing ID: 38708735

  • Date on Market: 2025-12-09

  • Last Updated:

  • Address: 1015 SE Lakeview Dr, Sebring, FL 33870

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