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$624,900   Price Analysis
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4702 Mercado Dr
Sebring, FL 33872
8 bed 5 bath unknown SqFt ($0/SqFt)
0.29 acre lot. Built 1985
Listed 2024-01-08, Taxes $2,116
USDA Eligible
near Sebring, FL
 

Discover a golden opportunity in the coveted Sun 'n Lake community of Sebring.

* No Longer For Sale *
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This impressive triplex beckons smart investors with its potential for strong returns. Renovated units, impact-resistant windows, a whole-home generator and a strategic location combine to create an unmissable income-generating property: Versatility Defined: The triplex offers a mix of accommodations, including a open 4-bedroom unit with 2 bathrooms, an inviting 2-bedroom unit with 2 bathrooms and an additional cozy 2- bedroom unit with 1 bathroom. This versatility appeals to a range of tenants, maximizing your rental prospects. Modern Comfort: All units underwent renovations in 2017 or later, ensuring a contemporary living experience for occupants.

Weather Any Storm: Impact-resistant windows and hurricane shutters adorn all units, guaranteeing safety and security during inclement weather. Whole-Home Generator: Unit 2 is equipped with a whole-home generator, providing uninterrupted power supply and pace of mind. Enhanced Value: The roof replacement in 2022 not ensures durability but also enhances the property's overall value. Location Advantage: Positioned within Sun 'n Lake, the triplex enjoys proximity to essential amenities, making it an enticing choice for tenants seeking convenience and comfort. Invest with foresight and secure your slice of the dynamic Sebring market. This triplex promises a solid foundation for your investment goals. Reach out today to arrange a personalized viewing!


Presented by Clinton Davis at
Paradise Real Estate International Sebring.
Listing Agent Photo

Property MLS #300777 from Sebring

Bedrooms: 8

Total Bathrooms: 5.00
Full Bathrooms: 5

Cooling Features: Central Electric
Heating Features: Central Electric

Flooring: Tile

Frontage Length: 78
Roads: Paved

Lot Size Acres: 0.29
Lot Size Square Feet: 12500

Annual Tax Amount: 2451.940
Source Listing Status: Sold
County: Highlands
Directions: From Highway 27 and Sun N Lakes Blvd head west to the roundabout and take the third exit onto Ponce De Leon Blvd, Take the first(west) right onto Mercado and the destination will be on your right.
Tax Year: 2023
Source Property Type: Multi-Unit Investment
Parcel Number: C-04-34-28-130-2560-0071
Zoning: R3NC
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$133,275
$2,116
2021$unknown + $unknown
$129,393
$2,104
2020$119,607 + $8,000
$127,607
$1,978
2019$unknown + $unknown
$129,130
$1,970
2018$unknown + $unknown
$126,722
$1,972
2017$unknown + $unknown
$124,116
$1,899
2016$95,357 + $8,000
$103,357
$2,230
2015$77,722 + $8,000
$85,722
$1,843
2014$unknown + $unknown
$83,007
$1,809
2013$unknown + $unknown
$83,181
$1,616
2012$78,672 + $8,000
$86,672
$1,706
2011$85,922 + $10,000
$95,922
$1,858
2010$unknown + $unknown
$111,638
$2,095
2009$unknown + $unknown
$124,155
$2,296
2008$unknown + $unknown
$137,353
$2,499
2007$unknown + $unknown
$160,647
$4,353

Sold 2024-07-01
$550,000
Sebring
Price Changed 2024-04-06
$624,900
Sebring
Listed 2024-01-08
$649,900
Sebring
Listing removed 2024-01-04
$649,900
Sebring
Price Changed 2023-09-27
$649,900
Sebring
Listed 2023-08-08
$659,900
Sebring
Sold 2015-07-03
$98,580
StellarMLS
Listed 2015-04-14
$98,580
StellarMLS
Sold 2006-08-10
$290,000
Public Record
Sold 2001-05-25
$129,500
Public Record
Sold 1993-07-19
$39,900
Public Record

Electric: Duke Energy
Sewer: Public Sewer
Water Source: Central

Year Built: 1985
Construction Materials: Concrete Block
Property Age: 39
Property Condition: Good
Roof: Shingle
Levels or Stories: 1

Sun 'n Lake Elementary School is a public elementary school located approximately 0.3 miles away.
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Hill-Gustat Middle School is a public middle and high school located approximately 1.2 miles away.
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Grace Academy is a private elementary, middle and high school located approximately 0.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.