by Global Lifestyle Properties

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Highlands 33872
5445 Noralee CIRCLE #1
$650,000
● Commercial - Off Market

5445 Noralee CIRCLE #1

SEBRING, FL 33872
bedrooms
Studio
bathrooms
0 Bath
square feet
332 Ft²
$881,375
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Well maintained MH/RV Park in the heart of Sebring.  Lots of upside potential in the AirBnB market. Between lot rents and a few owned units, the park manages to generate a 6.75% cap rate.  Park consists of 4 MHs and 8 RVs.  Fully booked during season and 80% occupancy yr round.  ProForma brings over 10% Cap rate.  Park has central water, 2 septic systems, strong WiFi, and Laundry room.  Room for at least 2 more units.  Don't delay, this one wont last!  

OWNER FINANCING AVAILABLE with 50% down, 5 yr balloon with 15 yr amortization at 7%.
Unit Size
332 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$2,650
Property Type
Commercial
Property Taxes
$505
HOA Dues
-
Year Built
1998

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Last updated: 3 years ago (Stellar MLS #L4936121)

Price History

Date / Event Date Event Price
Jun 2, 2023 Sold
Sold
Mar 22, 2023 Listed by ADVANTAGE REALTY 1 $879,900
Listed by ADVANTAGE REALTY 1
Apr 12, 2005 Sold
Sold

Property Highlights

Exterior Details
Square Footage: 332
Property Condition: Completed
Year Built: 1998
Building Area Total: 3000
Construction Materials: Metal Siding
Lot Size Area: 1
Lot Size Units: Acres
Lot Size Acres: 1
Lot Size Square Feet: 43560
Tax Lot: 1
Financial Details
Tax Annual Amount: $6,056
Utilities Details
Cooling Type: Other

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230322 Unit 1
03/22/2023
1
Loft
-
332 ft²
$879,900
bedrooms
Loft
bathrooms
-
square feet
332 ft²
$650,000 -26.13%
06/02/2023
Susan Geitner
ADVANTAGE REALTY 1

Building Info

5445 Noralee Circle 5445 Noralee Circle, Sebring, FL 33872
More about this Building
5445 Noralee Circle
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About Highlands


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