4120 Palomino Dr, Sebring, FL 33875 — MLS photo

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4120 Palomino Dr, Sebring, FL 33875

Active · SingleFamilyResidence

$498,000

4120 Palomino Dr, Sebring, FL 33875

Beds
3
Baths
3
Living area
— sq ft
$ / sq ft
—
Year built
1997
Lot size
108,900 sq ft
HOA fee
—
Annual tax
—

About this property

Nestled on 2.50 acres in the desirable Somervale Downs community, this unique estate offers privacy, space, and versatility. The main residence features 3 bedrooms, 3 bathrooms, and approximately 2,665 square feet of living area, with spacious interiors, vaulted ceilings, and abundant natural light throughout. Total Sq 3,697. The property includes valuable additional legal improvements, including a detached carport and a detached storage structure, providing excellent functionality for equipment storage or workshop use. The expansive lot offers endless possibilities for agricultural, recreational, or residential enjoyment. Located in a peaceful rural setting while still conveniently accessible to local amenities, this property is ideal for buyers seeking space, privacy, and flexibility.

Property location

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4120 Palomino Dr, Sebring, FL 33875

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Facts & features

Interior

Bedrooms
3
Bathrooms
3

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1997
Lot size
108,900 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Highlands
MLS listing ID
A11968241
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$975

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$2,361/mo
Down payment
$124,500
Loan amount
$373,500
Annual NOI
$16,633

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.