| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 40th | Fair |
| Demographics | 37th | Fair |
| Amenities | 81st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1300 Persimmon Ct, Sebring, FL, 33870, US |
| Region / Metro | Sebring |
| Year of Construction | 1986 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1300 Persimmon Ct Sebring Multifamily Opportunity
Positioned in an inner-suburb pocket of Sebring with above-median neighborhood occupancy and a meaningful renter base, this 1986, 40-unit asset offers durable workforce demand, according to WDSuite s CRE market data. Neighborhood metrics referenced here describe the surrounding area, not the property s own performance.
The immediate neighborhood rates A+ and is Competitive among Sebring-Avon Park neighborhoods (rank 1 of 39), supported by strong daily-needs access. Grocery, parks, pharmacies, restaurants, childcare, and cafes rank among the top options locally (e.g., grocery and parks rank 1 of 39; pharmacies 2 of 39; restaurants 2 of 39; cafes and childcare 3 of 39) and place the area in the top quartile nationally for several amenity categories. This convenience underpins resident retention and leasing velocity for workforce-oriented multifamily.
Neighborhood occupancy is Above metro median (rank 19 of 39) with a sizable share of renter-occupied housing units at approximately 46%, indicating depth in the tenant pool. Median contract rents in the neighborhood remain relatively accessible versus larger Florida metros, helping support leasing while allowing for measured revenue management. Home values are lower relative to national norms, which can introduce some competition from entry-level ownership; however, it also broadens the renter pipeline for smaller units and value-focused properties.
Within a 3-mile radius, household counts have inched up while average household size has edged smaller, pointing to more, smaller households entering the market. Forward-looking projections indicate population growth and a notable increase in households by 2028, which would expand the renter pool and support occupancy stability. These dynamics are consistent with Inner Suburb patterns where convenience and services attract downsizers and singles as well as service-sector workers.
Vintage context matters: the property s 1986 construction is newer than the neighborhood s average vintage (late 1960s). That positioning can be competitively favorable versus older local stock, while still warranting attention to aging systems and selective renovations to meet renter expectations and optimize rents.
Schools in the surrounding neighborhood trend below national benchmarks, which may limit family-driven demand but is less likely to constrain leasing for studios and smaller formats. Renter affordability remains manageable (neighborhood rent-to-income levels are moderate), suggesting balanced retention with prudent lease management.
Safety indicators for the surrounding neighborhood compare favorably on violent incidents, landing in the Top quartile nationally, while property offenses trend closer to mid-to-better national outcomes. According to CRE market data from WDSuite, recent year-over-year readings show improvement in violent offense rates but a notable uptick in property offenses; investors should track these trends as part of ongoing risk monitoring rather than rely on a single-year snapshot.
At the metro level (Sebring-Avon Park, 39 neighborhoods), neighborhood safety varies by subarea; this location performs better on violent incidents than many peer neighborhoods but has mixed direction on property-related activity. Owners can mitigate risk through lighting, access control, and resident engagement while coordinating with local resources.
This 40-unit, 1986-vintage property sits in an amenity-rich Inner Suburb location where neighborhood occupancy trends are Above metro median and renter concentration is meaningful. Relative to older local stock, the vintage supports competitive positioning, while targeted updates can unlock value in operations and renter appeal. Based on commercial real estate analysis from WDSuite, the surrounding area s daily-needs access (grocery, parks, pharmacies) and manageable rent-to-income levels point to stable leasing with measured pricing power.
Within a 3-mile radius, projections indicate population growth and a significant increase in households by 2028, implying a larger tenant base and support for occupancy stability. Lower home values versus national norms can introduce ownership alternatives, but also sustain steady multifamily demand for smaller units and workforce renters seeking convenience and services.
- Amenity-rich submarket with top-ranked grocery, parks, and daily services supporting retention
- 1986 vintage newer than area average; selective capex and renovations can enhance competitiveness
- Neighborhood occupancy above metro median with meaningful renter-occupied share underpinning tenant depth
- 3-mile outlook shows growing households, expanding the renter pool and supporting lease stability
- Risk: mixed safety direction on property offenses and potential competition from entry-level ownership