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1510 Melady Avenue, Sebring, FL 33870

Sebring
Local realty services provided by:CENTURY 21 Advanced All Service Realty, Inc.
1510 Melady Avenue,Sebring, FL 33870
$289,500
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 1,680 sq. ft.
  • Multi-family
  • Active
Listed by: eric rhoades
Office: re/max realty plus
MLS#:328625
Source:FL_HAR

Price summary

  • Price:$289,500
  • Price per sq. ft.:$172.32

About this home

Great investment potential! This is an excellent opportunity to acquire a fully rented duplex offering immediate cash flow and an attractive 8.4% cap rate (including operating expenses). With both sides currently leased at $1,200 per month, the property generates $2,400 in monthly rental income, making it an appealing addition to any investment portfolio. Each side of the duplex features a functional 2-bedroom, 1-bathroom floor plan, offering the privacy and convenience tenants desire. The property features a durable metal roof along with city water and sewer, providing desirable infrastructure for long-term rental ownership. Conveniently located near shopping, dining, medical facilities, and other everyday amenities, this property offers tenants easy access to the essentials while providing investors with an established rental location. Whether you're an experienced investor looking to expand your portfolio or seeking an income-producing property with tenants already in place, this...

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Home facts

  • Year built:1980
  • Listing ID #:328625
  • Added:4 day(s) ago
  • Updated:October 16, 2026 at 03:34 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Tile
  • Kitchen Description:Microwave, Refrigerator
  • Living area:1,680 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1980
  • Building area:1,680 sq. ft.
  • Lot area:0.25 Acres
  • Construction Materials:Block, Concrete, Stucco
  • Exterior Features:Patio, Screened patio/porch

Utilities

  • Water:Public

Finances and disclosures

  • Price:$289,500
  • Price per sq. ft.:$172.32
  • Tax amount:$3,631 (2025)

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