4702 Mercado Dr, Sebring, FL 33872
FOR SALE0.29 ACRES

4702 Mercado Dr
Sebring, FL 33872

  • 8 Beds
  • 5 Baths
  • 8 Beds
  • 5 Baths

$624,900

Original price: $649,900
Est. Mortgage $3,820/mo*
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Local Information

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Description

Discover a golden opportunity in the coveted Sun 'n Lake community of Sebring. 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 spacious 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 peace of mind. Enhanced Value: The roof replacement in 2022 not only 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!

Home Highlights

Parking
No Info
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
No Info
Listed
112 days ago

Home Details for 4702 Mercado Dr

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 5Number of Bathrooms (full): 5
Appliances & Utilities
Utilities: Sewer Available
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Tile
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Tile

Exterior Features

Exterior Home Features
Roof: Shingle
Pool
Pool: None
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: 78

Days on Market

Days on Market: 112

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: One Story
Building
Construction Materials: Block, Concrete
Property Information
Condition: Good Condition, ResaleParcel Number: C04342813025600071Additional Parcels Description: , ,

Price & Status

Price
List Price: $624,900

Active Status

MLS Status: Active

Media

Virtual Tour (branded)See Virtual Tour

Location

Direction & Address
City: Sebring

Agent Information

Listing Agent
Listing ID: 300777

Community

Units in Building: 3

HOA

Association for this Listing: Heartland Association Of RealtorsNo HOA

Lot Information

Lot Area: 0.29 acres

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, VA Loan

Compensation

Buyer Agency Commission: 2.50Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 300777Living Area Range Units: Square Feet
Last check for updates: about 15 hours ago
Listing courtesy of Clinton Davis
Paradise Real Estate International LLC
Originating MLS: Heartland Association Of Realtors
Source: HFMLS, MLS#300777

Price History for 4702 Mercado Dr

DatePriceEventSource
04/06/2024$624,900PriceChange
HFMLS #300777
01/08/2024$649,900Listed For SaleHFMLS #300777

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Comparable Sales for 4702 Mercado Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4510-4512 Mercado Dr, Sebring, FL
0.01
Multi-Family Home
$279,500
05/15/23
4
4
952
5113 Granada Blvd, Sebring, FL
0.51
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$307,500
05/04/23
4
4
1,904
5440 & 5442 Granada Blvd, Sebring, FL
0.69
Multi-Family Home
$465,000
12/05/23
6
4
2,762
3819 Ponce De Leon Blvd, Sebring, FL
0.25
Multi-Family Home
$350,000
04/05/24
2
2
1,315
5415 Columbus Blvd, Sebring, FL
1.16
Multi-Family Home
$315,000
01/03/24
5
4
2,086

What Locals Say about Sebring

  • Jaywashington0001
    "they would like that there is plenty of space and it’s a rural area and they wouldn’t like that there is many dogs"
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  • Luis M. M.
    "I'll live here and I love it. love the school district, stores supermarkets. love the neighborhood the people are nice. "
    35
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  • Ross.55
    "I've lived here for 7 years. it's a nice area and the people are friendly. it's a great retirement community."
    17
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  • Diannejpowell
    "I live in a 55+ community and it wonderful. Well kept and friendly people. Pot lucks,dances,variety shows,plays, bunco bingo,shuffleboard,card games, day trips, cruises, and many more activities. Grounds are kept beautifully. I love it. "
    1
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  • Danielle W.
    "it's great I love Sebring a very very nice place to live small community mostly old people great. "
    0
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  • Kenneth D.
    "quite and safe you feel safe enough to leave garage open if I you run to store. Hopefully we can make some friends and have a less problems.Get more involved in community maybe join hoa.Get involved is the answer."
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  • Joanne G.
    "The schools here are not the best. The kids that aren’t parented by both parents seem to get into a lot of trouble. This area has more senior citizen oriented."
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  • Dlstubbs42
    "The old people have nothing better to do then gripe because you have German shepherds and lie make things up and call police. I want out of this god forsaken city"
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  • Dlstubbs42
    "HATE SEBRING NOT FOR YOUNG PEOPLE NOR ADULTS IN THEIR 40s. Boring, sucks, people are rude, can’t wait to get out. "
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  • Kissbehr
    "It’s the people. You feel secure that people go out of their way for you. We have lived here for over 10 years and besides being a wonderful golf course resort it is a neighborhood to be proud of."
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  • Kenneth D.
    "quiet, great clean homes and low crime. More people that live a full life without silly things going on."
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  • Jorge
    "Great place for retired folk. Horrible place for younger families. Limited job opportunity, mediocre schools and not many things to do. "
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  • Julia
    "Pretty safe for kids, very little crime. I love it here in Sebring Florida. Sebring is growing very fast these days. "
    23
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  • Faithe01
    "it is great for families that have a small family. the schools are near by and there is quite a few places to go around here."
    0
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  • Ray.woody
    "Nice and easy, especially during summer and school holidays. No real rush hour traffic as compared to any city with a freeway. "
    0
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  • Antonio Donis and Ilian Lopez
    "I live in this neighborhood and it’s very nice and safe and also it’s close to the circle and the pier"
    10
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  • Lindasbooks
    "I see people walking there dogs on our downtown area. We have a wonderful dog park very close to downtown. Would be nice not to have a no dogs in our park law."
    28
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  • Jaiden K.
    "Slow speeds, great neighborhood for walks, away from busy roads and the yards are nice and big. I have 2 dogs and they love it here. "
    0
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  • Lank69
    "Lovely place to walk your dog,safe for the dog and the owner in this neighborhood , most people pick up after their animals, but you always get the odd one who does not."
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  • Unodaughter
    "Quiet and private. We live on an acre with trees behind us and one side. I would recommend this neighborhood to anyone that wants quiet."
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  • A1backflow74
    "nice neighborhood for retired people to live. very few complaints and a lot of people have dogs in the neighborhood. "
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  • Heath K.
    "its quiet and secluded . the neighbors keep to themselves. if you dont like atvs it's not the neighborhood for you "
    4
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  • Brenda H.
    "There is hardly any traffic in my neighborhood, it is an older community and a very quite place so people walk their dogs all the time day and night. "
    0
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  • Shannon S.
    "I have lived here for 4 years and it was a great decision. There are an elementary and middle school within walking and bike riding distance from my home. There are lots of kids and a neighborhood park and pool."
    13
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  • Msvixenbeauty89
    "good schools, friendly people. nice looking town. not much to do though unfortunately. Mall is very minimal as well. "
    0
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  • Nkauj h. X. Y.
    "I'm just visiting so I do not know the neighborhood. I've met a few of my sister's neighbor; there are nice ones and ones I do not care to socialize with."
    13
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  • Sdialis
    "Quiet and peaceful country living. Good place to raise a family. No traffic jams. Normally you reach your destination within 5 to 15 minutes."
    10
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LGBTQ Local Legal Protections

Clinton Davis, Paradise Real Estate International LLC
4702 Mercado Dr, Sebring, FL 33872 is a 8 bedroom, 5 bathroom multi-family built in 1985. This property is currently available for sale and was listed by HFMLS on Jan 8, 2024. The MLS # for this home is MLS# 300777.