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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
$579,000
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  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: eric rhoades
Office: re/max realty plus
MLS#:328629
Source:FL_HAR

Price summary

  • Price:$579,000

About this home

Investors, here's an opportunity that's hard to find! This offering includes two side-by-side duplexes totaling four rental units, all fully occupied and generating income from day one. With each 2-bedroom, 1-bathroom unit currently rented for $1,200 per month, the properties produce a combined $4,800 in monthly rental income and $57,600 in annual gross rental income, with an advertised cap rate of 8.4%. Whether you're looking to start your real estate investment journey or expand an established rental portfolio, this turnkey opportunity offers four income-producing doors in one convenient location. Acquiring both duplexes together provides the benefit of managing multiple rental units within the same immediate area. Each unit features a practical 2-bedroom, 1-bathroom layout designed for everyday functionality. Both properties are connected to city water and sewer, adding to their appeal as long-term rental investments. An additional storage shed located at 1510 Melady Avenue...

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Home facts

  • Year built:1980
  • Listing ID #:328629
  • Added:4 day(s) ago
  • Updated:October 16, 2026 at 03:35 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Tile
  • Kitchen Description:Microwave, Refrigerator

Heating and cooling

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

Structure and exterior

  • Roof:Metal, Shingle
  • Year built:1980
  • Lot area:0.49 Acres
  • Construction Materials:Block, Concrete

Utilities

  • Water:Public

Finances and disclosures

  • Price:$579,000
  • Tax amount:$7,299 (2025)

Features and amenities

  • Laundry features:Dryer, Washer

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