1371 Lakeview Dr · Sebring, FL 33870

$175,000

2 bd · 1.0 ba · 1,018 sqft · SingleFamily public records · 52 Days on market

Built 1940 8,395 sqft lot Est $173k · at est.

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +9.4/30.0
• ARV discount +7.0/15.0
• Schools +3.6/10.0
• Livability +3.3/5.0
• DSCR +2.7/10.0
• Condition / age +2.5/5.0
• 1% rule +2.4/10.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming bungalow in the heart of Sebring! This adorable 3-bedroom, 1-bath home offers the perfect blend of character, comfort, and convenience. Step onto the inviting screened-in front porch—ideal for relaxing mornings or evening unwinding. Inside, you’ll find a spacious living area filled with natural light, creating a warm and welcoming atmosphere. The thoughtfully designed layout places all three bedrooms just off the main living space, along with a nicely updated bathroom. The interior has recently been refreshed with new paint and stylish laminate flooring, giving the home a clean and modern feel while maintaining its cozy charm. The kitchen is conveniently connected to the one-car garage through a handy pass-through—perfect for easy grocery unloading. The garage also offers additional storage space for tools, hobbies, or seasonal items. Enjoy even more versatility with the enclosed rear porch, offering extra room for entertaining, a home office, or simply enjoying the backyard views. The fenced yard provides privacy and space for pets, gardening, or outdoor gatherings. As an added bonus, this property is one of only 70 homes with private lake access to Lake Jackson through Crescent Beach—an incredible opportunity for boating, fishing, and lakeside fun. Whether you’re searching for a starter home, vacation retreat, or investment opportunity, this charming bungalow is a must-see!

Key facts

• Laminate flooring
• Spacious living area
• New paint

Tags

• SCREENED-IN FRONT PORCH
• SPACIOUS LIVING AREA
• UPDATED BATHROOM
• NEW PAINT
• LAMINATE FLOORING
• ENCLOSED REAR PORCH

Property features AI

Finance

• Other: Lot approximately 0.19 acres (73 x 115); Concrete road access
• Financial info: Lease restrictions: none indicated
• HOA & community: No HOA / association indicated; Community street lights

Exterior

• Parking: Attached garage (1 car)
• Security: Security system
• Utilities: Public water; Public sewer; Electricity connected; Cable available; Phone available; High-speed internet / broadband available
• Home design: Single-family residence; One story; East facing; Completed condition
• Construction: Vinyl siding and frame construction; Shingle roof; Crawlspace foundation; Built as a residential single-family home
• Exterior features: Private mailbox; Sidewalk; Exterior storage; Beach access to Lake Jackson (deeded); Skiing allowed on Lake Jackson

Interior

• Kitchen: Range; Microwave; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Laminate; Tile; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Heat pump; Central air
• Interior features: Ceiling fans; Eat-in kitchen; High ceilings; Thermostat; Window treatments; Florida room; Inside utility / storage
• Laundry & utility: Washer hookup; Electric dryer hookup; Indoor laundry

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $-123 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $153k (12.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $130k (25.9% below list).
• Recommended offer: $130k (25.9% below list) — sets the bar for 1% rule.
• Cap rate 5.4% vs local median 4.3% in Sebring — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 66/100 on livability (#618 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: amenities F, commute F, employment F.
• Highlands (other): math 45% / reading 43% proficiency, ranked #54 of 73 in FL (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Fred Wild Elementary School (math 49% / reading 41%, grade D-, #1,271 of 2,144 statewide, top 60%, 563 students, 87% FRL); Sebring Middle School (math 52% / reading 40%, grade D+, #300 of 571 statewide, top 53%, 815 students, 64% FRL); Sebring High School (math 32% / reading 48%, grade F, #296 of 667 statewide, top 45%, 1,809 students, 56% FRL) — zoned schools at 69% FRL track the district average.
• Market conditions: Rents soft (-0.3%/yr); 481 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 980 units permitted in Highlands County in 2024 (80 in 5+ unit buildings).
• This rent runs 31% of the median local income ($50k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 52 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $75k; list at $175k implies a 133% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $129,673 (25.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
3. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.74% ✗
• Cap rate: 5.45%
• Cash-on-cash: -3.02%
• DSCR: 0.87
• GRM: 11.2

CMA / ARV

• ARV (on-the-fly): $173,060
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1416 Crescent Dr	0.03mi	2/1.0	1,092 (+7%)	17mo	$170,000	$156	72
1300 Lakeview Dr	0.11mi	3/2.0 (+1)	1,038 (+2%)	16mo	$218,000	$210	69
3112 Spinks Rd	0.30mi	2/2.0	1,089 (+7%)	5mo	$185,000	$170	66
1261 Lakeview Dr	0.15mi	2/1.0	1,134 (+11%)	18mo	$154,900	$137	59
3135 Villa Rd	0.35mi	2/2.0	899 (-12%)	12mo	$153,750	$171	50
385 Poinsettia Ave	0.69mi	2/1.0	957 (-6%)	11mo	$90,000	$94	49
1806 Lakeview Dr	0.61mi	2/1.0	1,170 (+15%)	17mo	$180,000	$154	32
739 Bay St	0.52mi	2/2.5	1,158 (+14%)	24mo	$199,900	$173	27

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -24.6%
• Equity multiple: 0.18×
• Total profit: $-40,032
• Equity at exit: $26,093

10-year hold

• IRR: -31.4%
• Equity multiple: -0.22×
• Total profit: $-59,736
• Equity at exit: $15,131

Cash invested: $49,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33870

• Home prices YoY: -20.0%
• Rents YoY: -0.3%
• Active inventory: 481
• Price-to-rent: 11.2×

Monthly cashflow live

• Estimated rent: $1,297 medium
• Mortgage (P&I): −$918
• Tax from tax record: −$157 /mo · $1,886/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$272
• Net cashflow: $-123

Break-even live

Break-even rent $1,453

Max offer price $153,210

Occupancy floor —

Sensitivity live

Price	-10% $-24	-5% $-74	+0% $-123	+5% $-173	+10% $-222
Rent	-10% $-226	-5% $-175	+0% $-123	+5% $-72	+10% $-21
Rate	-1.0pp $-35	-0.5pp $-79	base $-123	+0.5pp $-169	+1.0pp $-215

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8761 Watersound Cir Sebring, FL	2.0–3.0	2.0	1090	$1,210	$1.11	22d	1	0.26mi

Listing history 18 events

1. 2026-06-21
   days on market $175,000 Active 52 DOM
2. 2026-06-19
   days on market $175,000 Active 50 DOM
3. 2026-06-18
   days on market $175,000 Active 49 DOM
4. 2026-06-17
   days on market $175,000 Active 48 DOM
5. 2026-06-16
   days on market $175,000 Active 47 DOM
6. 2026-06-15
   days on market $175,000 Active 46 DOM
7. 2026-06-14
   days on market $175,000 Active 44 DOM
8. 2026-06-10
   days on market $175,000 Active 41 DOM
9. 2026-06-09
   days on market $175,000 Active 40 DOM
10. 2026-06-08
    days on market $175,000 Active 39 DOM
11. 2026-06-07
    days on market $175,000 Active 38 DOM
12. 2026-06-02
    days on market $175,000 Active 33 DOM
13. 2026-06-01
    days on market $175,000 Active 32 DOM
14. 2026-05-31
    days on market $175,000 Active 31 DOM
15. 2026-05-30
    days on market $175,000 Active 30 DOM
16. 2026-04-30
    listed $175,000 Active
17. 2026-04-24
    listed $175,000 Active 1437-char remark

    Show marketing remark (1437 chars)

    Charming bungalow in the heart of Sebring! This adorable 3-bedroom, 1-bath home offers the perfect blend of character, comfort, and convenience. Step onto the inviting screened-in front porch—ideal for relaxing mornings or evening unwinding. Inside, you’ll find a spacious living area filled with natural light, creating a warm and welcoming atmosphere. The thoughtfully designed layout places all three bedrooms just off the main living space, along with a nicely updated bathroom. The interior has recently been refreshed with new paint and stylish laminate flooring, giving the home a clean and modern feel while maintaining its cozy charm. The kitchen is conveniently connected to the one-car garage through a handy pass-through—perfect for easy grocery unloading. The garage also offers additional storage space for tools, hobbies, or seasonal items. Enjoy even more versatility with the enclosed rear porch, offering extra room for entertaining, a home office, or simply enjoying the backyard views. The fenced yard provides privacy and space for pets, gardening, or outdoor gatherings. As an added bonus, this property is one of only 70 homes with private lake access to Lake Jackson through Crescent Beach—an incredible opportunity for boating, fishing, and lakeside fun. Whether you’re searching for a starter home, vacation retreat, or investment opportunity, this charming bungalow is a must-see!

18. 2005-01-18
    soldstatus $75,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,886 · $157/mo
• Projected year-2 tax: $1,886 · $157/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 24 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,561
• − Mortgage interest: −$9,803
• − Property taxes: −$1,886
• − Insurance: −$875
• − Repairs & maintenance: −$1,245
• − Management: −$1,245
• − Depreciation: −$5,091
• Taxable loss: −$4,583
• Est. tax savings @ 24.0%: +$1,100
• After-tax cash flow: $-380/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Highlands
• NCES district ID: 1200840
• Math proficiency: 45% ▼ -7.00%
• Reading proficiency: 43% ▼ -3.00%
• Median HH income: $35,276
• Composite: 36.42/100
• National rank: #4672
• State rank: #54 of 73 in FL

Livability — Sebring

• Score: 66/100
• State rank: #618
• US rank: #11992

Category grades

Amenities F Commute F Cost of living A+ Crime C Employment F Housing A+ Health & safety A User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sebring, FL
• County: Highlands County · 98,898 people
• City population: 50,797
• Metro: Sebring-Avon Park, FL
• Population (ZIP): 25,195
• Household income: $49,942
• Rent vs Own: 31.3% rent · 68.7% own
• Severe rent burden: 994.0

Population outlook (Highlands County) Hauer SSP2

• Today (2025): 99,674 people
• By 2030: 99,615 · -0.1%
• By 2040: 99,342 · -0.3%
• By 2050: 98,242 · -1.4%
• By 2075: 93,291 · -6.4%
• By 2100: 79,894 · -19.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 60% Hispanic / Latino 22% Black 13% Two or more races 10% Asian 1%
• Hispanic origin (detail): Mexican 8% Puerto Rican 7% Cuban 5%
• Common ancestry: Slovak 2% Romanian 1% Lithuanian 1%
• Foreign-born: 10% · Canada, Jamaica, China
• Languages at home: 80% English-only · Spanish 16% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Highlands

• 2024 margin: Solid R (+40.8) · D 29.3% · R 70.1%
• 2008→2024 swing: -22.7pp toward R · 2008: -18.1pp · 2024: -40.8pp
• All cycles: 2024: R+40.8 2020: R+34.4 2016: R+32.0 2012: R+23.0 2008: R+18.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.68%
• Current HPI: 273.9861
• Rent YoY: ▼ -0.29%
• Metro: Sebring-Avon Park, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+133.3% since first listed

3 events — show timeline

• 2026-04-30 Listed $175,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-24 Listed $175,000 HAOR as distributed by MLS GRID
• 2005-01-18 Sold (Public Records) $75,000 Public Records

Property tax history

+8.6%/yr

Latest (2025): $1,886 · +4.2% YoY. Source: county tax records.