Great Investment opportunity with a potential cap rate of 12% annually. Rental rates in the area run $1500 for 2/2. This would also be a great AIRBNB in the growing city of Sebring, which was featured this year in HGTV. Each unit features 2 bedrooms / 2 bath

4715 LEUCADENDRA DR, Sebring

$299,000 USD
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Address4715 LEUCADENDRA DR, Sebring
Building NameSUN N LAKE SEB UNIT 13
Type of PropertyDuplex
Property StyleDuplex
Price$299,000
Property StatusActive
MLS NumberA11847621
Living Area1904
Year Built1976
Parking Space Number8
Folio NumberC04342813025400050
Zoning InformationR3
Days on Market63

Detailed Description: Great Investment opportunity with a potential cap rate of 12% annually. Rental rates in the area run $1500 for 2/2. This would also be a great AIRBNB in the growing city of Sebring, which was featured this year in HGTV. Each unit features 2 bedrooms / 2 baths with a screened in back porch allowing plenty of privacy. New Roof installed in October 2024. This duplex is located in the Sun N Lake community with 2 championship golf courses, community pool, fitness center, recreation center, pickleball courts and a restaurant. No monthly HOA. There is an annual district fee of $843.00 paid annually per side. Sebring is located 1 1/2 hours from either coast and centrally located 1 1/2 hours from Disneyworld. Interior pictures to come by August 1. Sold As-Is and furnished.

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Address Information
StateFlorida
CitySebring
CountyHighlands County
Zip Code33872
Address4715 LEUCADENDRA DR
Section28
Financial Information
Price$299,000
Price per Foot$0
Folio NumberC04342813025400050
Association Fee PaidAnnually
Association Fee$843
Tax Amount$2,691
Tax Year2024
Full Descriptions
Detailed DescriptionGreat Investment opportunity with a potential cap rate of 12% annually. Rental rates in the area run $1500 for 2/2. This would also be a great AIRBNB in the growing city of Sebring, which was featured this year in HGTV. Each unit features 2 bedrooms / 2 baths with a screened in back porch allowing plenty of privacy. New Roof installed in October 2024. This duplex is located in the Sun N Lake community with 2 championship golf courses, community pool, fitness center, recreation center, pickleball courts and a restaurant. No monthly HOA. There is an annual district fee of $843.00 paid annually per side. Sebring is located 1 1/2 hours from either coast and centrally located 1 1/2 hours from Disneyworld. Interior pictures to come by August 1. Sold As-Is and furnished.
How to ReachUS 27 NORTH TO SUN N LAKE BLVD, HEAD WEST PAST FIRST CIRCLE TO CATALINA AVE. MAKE A LEFT AND PROPERTY IS ON THE RIGHT.
Roof DescriptionShingle
Floor DescriptionCarpet, Tile
Cooling DescriptionCentral Air
Heating DescriptionCentral
Sewer DescriptionPublic Sewer
Property parameters
Living Area1904
Zoning InformationR3
Year Built1976
Type of PropertyDuplex
StyleDuplex
Building NameSUN N LAKE SEB UNIT 13
Development NameSUN N LAKE SEB UNIT 13
Construction TypeConcrete Block Construction
Stories Number1.000
Parking Space Number8
Listed withParadise Real Estate Intl