1 / 421112 Evanston ST, Sebring FL 33870
Sebring, FL
List Price
$140,000
Type
Single Family
Bedrooms
2
Bathrooms
1
Price / SqFt
$118/sqft
Price reduction
15.2% below original list — was $165,000
Est. equity
-73%
Comp ARV
$196,000
From the listing
Bottom Line $140,000 Seller says NO Seller Financing! Sold "AS-IS" All Cash to Seller, buyer(s) obtain own financing at own expense or cash with proof of funds. NO Showings! Do NOT disturb the Tenants. Simultaneous Viewing and Inspections with agreed, bona fide contract, NO exceptions. This minimizes disturbing the current Tenants thru Dec 2026. Thank you for your courtesy and professionalism. Super Value! Deceivingly spacious inside. Big yard, quiet street. 2 Bdrm 1 Bath, Lg Liv & Din Rms open to Kitchen. Kitchen & Dining rms flow to Fam Rm & Lg Fla Rm. Inside Laundry off Kitchen opens to Carport, EZ access Rain or Shine. Newer Cent A/C. Appliances, Bathroom remodeled 2+ years ago, plumbing & electric work good per tenant. All School Grades are within 1 mile. Dinner Lake is at the end of the street. Flood Zone "X" per public records Sold "AS-IS" Inspections OK. Suggested "AS-IS" terms: SIMULTANEOUS VIEWING, INSPECTIONS and APPRAISAL, if any. 7-day inspection period + 3-days for review and "AS-IS" Acceptance or cancellation. Make your inquiries with the Listing Agent ONLY, Phone or Email Preferred. Please put property address in Subject Line of emails or texts if you must. If you text please call LA to confirm receipt. YOU MUST ACCOMPANY YOUR BUYERS & THE INSPECTORS, NO EXCEPTIONS. Rented at $1,200/mo @ $140K 70/30 LTV DSCR loan shows approx 8 CAP and 26 Cash-on-Cash before taxes. See MLS Disclosures attached.
Property Information
- Square Feet
- 1,182
- Units
- 1
- Days on Market
- 384
- Status
- active
Location
- County
- Highlands County
- Zip Code
- 33870
- Coordinates
- 27.5062, -81.4396
Represented by Academia
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Why this deal
- 15.2% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
52/100
Fair
is scored →
~-73% estimated equity to comp-based ARV (full marks at 30%+). Estimate — verify comps + rehab.
15.2% off original list (full marks at 25%+).
384 days on market (full marks at 120+ — more time = more leverage).
Strong motivation language (as-is, short sale, foreclosure, estate, or heavy reno).
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.
Deal scorecard
How four stakeholders read this deal
Strengths
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
Risks
- Negative estimated equity — buying above estimated ARV, verify comps
- conventional financing unlikely; cash or hard-money only
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Negative estimated equity — buying above estimated ARV, verify comps
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. renovat…
- conventional financing unlikely; cash or hard-money only
What an insurer sees
Insurance / 4-point
insurability v1. Miami-Dade is entirely within the HVHZ (High-Velocity Hurricane Zone) …
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
What a GC / AHJ sees
Permits / condition
Permit data from county permit records; may lag; verify open permits with the AHJ. Limi…
4-point — last permit
- Roofnone
- Electricalnone
- Plumbingnone
- HVACnone
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
1112 Evanston ST, Sebring FL 33870, Sebring, FL
Comp-based ARV — 8 closed comp(s), high confidence.
Recommended max offer
-$35,362
Room vs list (above list)
$175,362
Est. equity
-$142,695
-73% of ARV, at list
ROC at list
-42%
Est. all-in at list
$338,695
list + rehab + txn + carry
70% rule MAO
-$32,300
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.
The comps behind the ARV
$196,000 after-repair value
5 recent closed sales nearby · high confidence · range $196,000–$212,000
| Closed sale | Close $ | $/sqft | Date |
|---|---|---|---|
| 1323 Chloe Ter, FL 33870renovated | $230,000 | $210 | 2025-11-21 |
| 1732 Valencia Ave, Sebring FL 338701.2 mi | $185,000 | $180 | 2026-01-02 |
| 1418 Las Villas Blvd, Sebring FL 338701.8 mi | $220,000 | $165 | 2026-06-22 |
| 1430 Las Villas Blvd, Sebring FL 338701.8 mi | $220,000 | $165 | 2026-06-22 |
| 1439 Las Villas Blvd, Sebring FL 338701.8 mi | $220,000 | $165 | 2026-06-22 |
Comparable data, not an appraisal. ARV is the median closed $/sqft of these comps applied to this home's size. Verify condition, location, and adjustments independently.