4 months on rocket

227 S Orange St, Sebring, FL, 33870

$2,295,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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227 S Orange St, Sebring$2,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1960
HeatingCentral
CoolingCentral Air
MLS #A11622220
StatusActive

About 227 S Orange St

8 CAP 12 UNIT RENTAL PORTFOLIO! This exceptional investment opportunity is located throughout Highlands County, offering proximity to the Sebring Racetrack and scenic lakes perfect for boating and fishing. The property benefits from an HGTV-style makeover in downtown Sebring and is just one hour from major cities, providing a unique blend of convenience and charm. Key features of this portfolio are 9 individual parcels comprising 12 rental units (15,684 Total SF Leased), NO flood insurance required, 100% occupancy with no vacancy, Monthly rental income of $17,075 and Net Operating Income: $183,524. Seize this unparalleled investment with stable income and significant growth potential in a thriving community.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 1

Listing Office:

  • Office Name: IBuy SFL
  • Office Phone: (786) 521-8539
  • Listing Agent: Julian Chavez III

Interior Features

Interior Information:

  • Flooring Type: Tile, Vinyl

Virtual/3D Tour

  • Virtual Tour: 227 S Orange St
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,295,000

Tax Information:

  • Annual Amount: $1,480
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sebring, FL.

Med. Sold Price

$282.9K

Med. Price/SqFt

$172

Avg. Days On Market

98

# of Sold Homes

25

227 S Orange St vs Sebring

134 DAYS ON ROCKET

+36 Days

$2,295,000

+$2.0M More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price in Sebring, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11622220

Listing Office:

  • Office Name: IBuy SFL
  • Office Phone: (786) 521-8539
  • Listing Agent: Julian Chavez III

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,480$40,828
2019$1,383$31,971
2017$1,324$33,064

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,947

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-869107
5
/10
  • Woodlawn Elementary School

  • 817 Woodlawn Dr

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-869108
2
/10
  • Fred Wild Elementary School

  • 3550 Youth Care Ln

  • 1.02 miles

  • Public District Grades PK-5

school-card-donut-869109
6
/10
  • Cracker Trail Elementary School

  • 8200 Sparta Rd

  • 5.12 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,200. Most Sebring, FL residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesFloridaHighlands CountySebring33870227 S Orange St

This home is located at 227 S Orange St in Sebring, FL and zip code 33870. This home was built in 1960. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $2,295,000.

In October 2024, from all listings sold in Sebring, FL there were more than 2 sold above asking price, over 15 sold below and more than 8 were sold right at the asked price. The number of listings in Sebring, FL decreased by 3.7% between September 2024 and October 2024. In October 2024 median list price was $282,990 and the average listing age was 98 days.

From Rocket Homes Real Estate and based on county public records data.

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