1510 Melady Avenue, Sebring, FL 33870

bedrooms 8
bathrooms 4
|Apartment
NZD $1,025,568
USD $579,000
Published on: 13 Oct 2026
Last updated on: 28 Oct 2026
1510 Melady Avenue, Sebring, FL 33870
1510 Melady Avenue, Sebring, FL 33870
1510 Melady Avenue, Sebring, FL 33870
+44
1510 Melady Avenue, Sebring, FL 33870
  • 44
Property ID: 110120509513
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Multi-Unit Investment, Single Story, Sebring, FL

1510 Melady Avenue, Sebring, FL 33870
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 provides convenient space for the owner's maintenance supplies, tools, and property management essentials. Centrally located in Sebring, the properties offer convenient access to medical facilities, shopping, grocery stores, schools, dining, and other everyday amenities-an appealing advantage for tenants seeking accessibility and convenience. Sale includes both properties: 1510 Melady Ave, Sebring, FL 33870 and 4105 E Josephine St, Sebring, FL 33870. With four occupied units, established rental income, and an advertised 8.4% cap rate, this is a compelling opportunity to acquire a multi-unit investment package in the Sebring market. Opportunities to purchase two neighboring duplexes together are hard to come by. Expand your portfolio with four income-producing doors in one strategic purchase!

Property Details

Basic Info

Property Type
Apartment
Listing Status
Active
Land Size
1,982.96 m2
Year Built
1980
Rooms
8 bedroom(s), 4 bathroom(s)
Architecture Style
Other
Num Floors
1
County
Highlands
Parcel ID
S-33-34-29-020-00C0-0030
Provider
Heartland Multiple Listing Service, Inc.
Brokerage Office Name
RE/MAX Realty Plus
Brokerage Office Phone
(863) 385-0077
Address
1510 Melady Avenue, Sebring, FL 33870

Tax History

YearTax amount
2025USD $7299NZD $12,929*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.

Contact Agent
Eric Rhoades
RE/MAX REALTY PLUS
809 US 27 S , SEBRING, FL 33870
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809 US 27 S , SEBRING, FL 33870
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      Property ID: 110120509513

      Original Property ID: 3yd-HMLSFL-328629
      Data provided by Heartland Multiple Listing Service, Inc., MLS #: 328629
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