FL
Highlands
SEBRING
33876
6213 CANDLER TERRACE
6213 CANDLER TERRACE, SEBRING, FL 33876
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Listing Type
Condo/Townhome
Listing Status
Active
41
$499,900

Home Details for 6213 CANDLER TERRACE

Price
$499,900
Type
Residential
Bedrooms
8
Total Bathrooms
8
Full Bathrooms
8
Square feet
3792
Year built
1983
Lot size acres
0.5
County
Highlands
Total rooms
3
MLS Listing#
L4961924
Property Description

INVESTOR ALERT – PRICED FOR FAST SALE AT AN 8% PROFORMA CAP RATE! Rare opportunity to acquire an impeccably maintained, 100% occupied 4-Plex in the rapidly growing Spring Lake/Sebring market near the golf course, Sebring International Raceway, and Sebring Regional Airport. This high-demand rental location continues to benefit from migration from Florida’s coastal cities as buyers and renters seek the affordable lifestyle, natural beauty, spring-fed lakes, and quiet country living of the Lake Wales Ridge area. All four spacious 2BR/2BA units offer approximately 949 SF and remain consistently rented below current market rates, creating immediate built-in upside for investors. Current rents range from $1,100-$1,150/month with strong long-term tenants already in place. Simple rent adjustments of only $100 per unit could significantly increase NOI and future valuation potential while still remaining competitive in today’s market. Property has been exceptionally maintained with a New roof installed 2018, all 4 units have new HVAC & Waters heaters. Turnkey condition allows investors to cash flow immediately while implementing value-add improvements over time. Additional upside opportunities include: • Light cosmetic upgrades such as granite countertops and interior enhancements to push rents even higher • Potential future condo conversion opportunity with firewall-ready layout offering substantial resale upside • Strong long-term appreciation potential as Sebring growth accelerates around the Raceway, airport expansion, and recreational development • Excellent depreciation benefits and wealth-building hold strategy over the next 5-7 years Projected value-add scenarios could create substantial equity growth through improved rents, appreciation, and potential condo sellout strategy. Whether you are seeking immediate income, long-term appreciation, or future redevelopment upside, this property checks every box. Opportunities like this at an attractive cap rate are becoming increasingly difficult to find in Central Florida. Don’t miss your chance to secure a stabilized multifamily asset with major upside potential in one of Florida’s hidden growth markets! All buyer's must sign CA for financials and before any showing MUST provide a bilaterally signed purchase agreement on acceptable price and terms PRIOR to any Showings along with prequalification(s)/Proof of Funds.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • Utilities
    • Electricity Connected
Listing Courtesy: ADVANTAGE REALTY 1 - 863-386-1111
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-05-15 10:13:05
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EXIT GULF COAST REALTY
3665 Tamiami Trail Suite 106 and 107, Punta Gorda, FL 33950
Office
941 505 2950
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