# 1001 Lakeview Drive, Sebring, FL 33870

> **TL;DR:** 42bd/42ba multi-family, $4,500,000, built 1972.
> View. Est. $24,067/mo. Listed 35 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,500,000 |
| Bedrooms | 42 |
| Bathrooms | 42 full |
| Year Built | 1972 |
| Lot Size | 128,502 sqft (2.95 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | Active |
| Days on Market | 35 |

## Why This Home Stands Out

- **Views** - Lake

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $22,754 |
| Estimated Insurance | $1,313 |
| **Total** | **$24,067** |

## Key Amenities

- View

## Property Highlights

- Built in 1972
- 2.95 acre lot
- 2 stories

## Description

### Agent Description
RARE SEBRING INVESTMENT/REDEVELOPMENT OPPORTUNITY! Former Sunset Beach Motel at US 27 & Lakeview Dr offers 42 units on 3+/- acres at a highly visible hard corner with 297+/- FT of frontage on beautiful Lake Jackson. Surrounded by major retailers/services including Publix, Bealls Outlet, Popeyes, Verizon & CVS. Existing improvements & infrastructure provide tremendous value as construction, utility & development costs continue to rise. Renovate/stabilize the 42 units for income while positioning this prime site for future redevelopment. Owner pro forma based on $800/unit/mo, 10% vacancy & 35% expenses projects $235,872 NOI. One building has a newer metal roof; additional updating needed. Exceptional potential for upscale hotel/resort, timeshare, lakefront restaurant, retail or mixed commercial redevelopment, subject to approvals. Sebring continues expanding with new residential, industrial & national brands including BJ's Wholesale, First Watch, Wawa & Culver's, driving demand for lodging, retail & services. Secure this irreplaceable lakefront commercial site while existing improvements offer holding-income potential. BUY THE LOCATION, IMPROVE THE INCOME & POSITION FOR THE FUTURE! Buyer to verify zoning, uses, measurements & financials.

## Location

- **Address:** 1001 Lakeview Drive, Sebring, FL 33870
- **County:** Highlands
- **Coordinates:** 27.473507, -81.446975
- **Google Maps:** https://www.google.com/maps?q=27.473507,-81.446975

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/heartland/327097

## Listing Agent

- **Name:** Gregory Karlson
- **Brokerage:** Advantage Realty
- **Phone:** 8633814932
- **Broker Phone:** (863) 386-0303
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1001-Lakeview-Dr_Sebring_FL_33870_M60791-02197?f=listhub&s=HMLSFL&m=327097&c=propsimple)

## Photos

![1001 Lakeview Drive - Photo 1](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f3782152416r.jpg)

![1001 Lakeview Drive - Photo 2](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f3782152416r.jpg)

![1001 Lakeview Drive - Photo 3](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f3544020128r.jpg)

![1001 Lakeview Drive - Photo 4](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f1267618158r.jpg)

![1001 Lakeview Drive - Photo 5](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f1105813122r.jpg)

![1001 Lakeview Drive - Photo 6](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f3748687790r.jpg)

![1001 Lakeview Drive - Photo 7](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f2828959987r.jpg)

![1001 Lakeview Drive - Photo 8](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f2509238936r.jpg)

![1001 Lakeview Drive - Photo 9](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f2007913418r.jpg)

![1001 Lakeview Drive - Photo 10](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f2449075797r.jpg)

![1001 Lakeview Drive - Photo 11](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f1790549606r.jpg)

![1001 Lakeview Drive - Photo 12](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f1238787121r.jpg)

![1001 Lakeview Drive - Photo 13](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f982159582r.jpg)

![1001 Lakeview Drive - Photo 14](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f2198424592r.jpg)

![1001 Lakeview Drive - Photo 15](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f2943936582r.jpg)

![1001 Lakeview Drive - Photo 16](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f1703512011r.jpg)

![1001 Lakeview Drive - Photo 17](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f3970124282r.jpg)

![1001 Lakeview Drive - Photo 18](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f2519875799r.jpg)

![1001 Lakeview Drive - Photo 19](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f2984091386r.jpg)

![1001 Lakeview Drive - Photo 20](http://lh.rdcpix.com/630176ec383dcb79a0d4983409bbea06l-f1185341408r.jpg)

---

**MLS#:** 327097 | **Updated:** 2026-08-28
**Source:** listhub

*Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1001-lakeview-drive-sebring-fl-33870-l327097)

---

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