3901 Loquat Rd #3901-3903-3905, Sebring, FL 33875

Originally built as a condominium, this investment property affords the flexibility of being marketed as a rental property or as three independent living units. It is the only multiunit property in a neighborhood zoned for single-family homes and is situated on a 15,500-square-foot lot encompassing the end of a block. The complex is currently leased with well-qualified tenants. Because it was designed as a condominium, the apartments each boast features rarely found in rental properties. The largest apartment, 3901 (3/2/1), has a foyer with etched glass panels and tile flooring. The master bedroom enjoys two walk-in closets and an adjoining bathroom with two vanities, a shower, and a Jacuzzi tub. The second bedroom shares a bathroom with the main living area with doors from each room that allow conversion to a second master. The third bedroom is accessed through French doors from the living room and has a walk-in closet. The formal dining room has a built-in server with storage, a wet bar, and a wine rack. The dining room adjoins the kitchen with a pass-through counter for easy serving. The kitchen features a breakfast bar, new appliances, and a door that opens to an outside porch. Both the living and dining rooms feature tray ceilings with decorative cove moldings. Its one-car garage has built-in storage cabinets and washer/dryer hook-ups. The unit has two additional assigned off-street parking spaces. The center unit, 3903 (2/1/1), has a main entrance and another entrance to the kitchen. The kitchen features a breakfast bar and new appliances. The guest bedroom is situated at the front of the unit. French doors in the living room open to an atrium that allows outdoor privacy, a buffer between the living area of the adjoining three-bedroom unit, and brings natural light into the center of the unit, the guest bedroom, and the bathroom. The master bedroom shares the bathroom with the living area. The master has a walk-in closet and an adjoining bonus room that exits to the backyard. Its one-car garage has washer/dryer hookups. The unit has two additional assigned off-street parking spaces. The smallest apartment, 3905 (1/1), has a screened porch at the front of the unit accessible from the kitchen. The kitchen has all new appliances and is adjacent to the living room. A short hallway connects the living room to both the bedroom and the bathroom and has a closet that houses an over/under washer and dryer. The bathroom is shared with the living area and the bedroom. Another screened porch at the rear of the unit is accessible from the bedroom with an exit to the backyard. The unit has two assigned off-street parking spaces.