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  • $700,000

    121 Madrid Dr #123-125-127, Sebring, FL 33876

    12beds
    --sqft
    Multi Family
    Built in 2007
    -- sqft lot
    $700,900 Zestimate®
    $--/sqft
    $4/mo HOA

    What's special

    Excellent Income-Producing Opportunity! Located in the highly sought after Spring Lake Golf & Country Club, this beautifully maintained property consists of two duplex townhomes (four units total) currently with zero-vacancy and long term tenants. Each spacious unit features 3 bedrooms, 2.5 baths, a laundry room, extra storage, and a 1-car garage. The open-concept floor plan includes a kitchen, living, and dining area that seamlessly flows into the great room, with a convenient half bath downstairs. Upstairs, you'll find three bedrooms, two full baths, a laundry room, and additional storage. Recent updates include new roofs (2023) and newer AC units (all within the last four years), and exterior painting 2023. With long-term tenants already in place, this is a prime investment opportunity you won’t want to miss! Other investment properties can be with this MLS numbers 313127,313258

    Zillow last checked: 7 hours ago

    Listing updated: April 25, 2025 at 12:43pm

    Listed by:

    Denyelle Dibble,

    RE/MAX REALTY PLUS

    Bought with:

    Denyelle Dibble, 3058059

    RE/MAX REALTY PLUS

    Source: HFMLS,MLS#: 313152Originating MLS: Heartland Association Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    • Full bathrooms: 8
    • 1/2 bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
    Features
    • Ceiling Fan(s), Cable TV
    • Flooring: Carpet, Tile
    • Windows: Single Hung

    Property

    Parking
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Frontage length: 125
    Lot
    • Size: 0.57 Acres
    Details
    • Additional parcels included: ,,
    • Parcel number: C15353004000A00180
    • Zoning description: R3
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Multi Family
    Materials
    • Block, Concrete
    • Roof: Shingle
    Condition
    • Excellent,Good Condition,Resale
    • Year built: 2007

    Utilities & green energy

    • Sewer: None, Septic Tank
    • Water: Public
    • Utilities for property: Sewer Not Available

    Community & neighborhood

    Community
    • Community features: Clubhouse, Golf, Golf Course Community, Playground, Pickleball, Shuffleboard, Tennis Court(s), Water Sports
    Location
    • Region: Sebring
    • Subdivision: Spring Lake

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $45 annually

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
    Services availability
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