408 LEXINGTON DRIVE, SEBRING, FL, 33876
Active128 days on marketListed Mar 18, 2026MLS #S5146110
About this home
408 LEXINGTON DRIVE
Beautiful single-family rental home situated on 1 acre of land with a serene pond view in a desirable Sebring neighborhood. This well-maintained home offers a comfortable layout perfect for families or professionals seeking quality and convenience. Rent includes full maintenance of the lawn and common areas, giving you peace of mind and more time to enjoy your home. The spacious lot provides privacy and outdoor space while enjoying a tranquil water view. Conveniently located near shopping, dining, schools, and major roadways, this property combines comfort, practicality, and community. A great opportunity for renters looking for a move-in ready home with all the benefits of a peaceful Sebring setting.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,899
Sqft
0.87 ac
Lot size
2
Garage
1979
Year built
One
Levels
$1
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$174 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$174/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Sebring actives
$1 vs $187
Days on market
128 vs 60 typical
Where $1/sqft sits among the 207 Sebring actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
The investor lens
Two ways this home pays
This home sits inside Spring Lake, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$1,790/mo median
Live Sebring rental listing data — this home’s rate depends on size, condition and furnishing.
Where it sits
Inside Spring Lake
Spring Lake is a short-term-rental community. See the full guide →
SEBRING 33876 — neighborhood snapshot
Population
7,378
Median age
54.4
Median income
$55,490
Median home value
$161,500
Avg household
2.65
Households w/ children
451
For the school run
Highlands County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sebring market
$270K → $293K
Sebring median sold, yr/yr
97.3%
Sale-to-list ratio (12 mo)
91 of 207
Sebring actives have cut their price
Median sold price, Sebring, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 96% below the SEBRING 33876 median. See the full Sebring market guide →
Paper trail
This home's history
Reality check
What actually sold near 408 LEXINGTON DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$300,000
7908 PINE GLEN ROAD · same community
3 bd · 2.5 ba · 1,586 sqft · $189/sqft · 152 DOM
Sold · Dec ’25$190,000
8433 ANDES COURT · same community
3 bd · 2.5 ba · 1,569 sqft · $121/sqft · 16 DOM
Sold · Jan ’26$190,000
7808 GRANADA ROAD · same community
3 bd · 2 ba · 1,548 sqft · $123/sqft · 246 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 408 LEXINGTON DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 408 LEXINGTON DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
408 LEXINGTON DRIVE FAQs
What would the monthly payment be for 408 LEXINGTON DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $174/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Can 408 LEXINGTON DRIVE be rented short-term?+
Yes — this home sits inside Spring Lake, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 408 LEXINGTON DRIVE?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sebring?+
At $1,999, this home is listed about 99% below the Sebring median of $279,990. The market section on this page shows how the area is trending.
Which schools are assigned to 408 LEXINGTON DRIVE?+
Cracker Trail Elementary School (elementary), Sebring High School (high), Sebring Middle School (middle) — Highlands County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the SEBRING 33876 market on paper
$1,999 is 96% below the SEBRING 33876 median of $56,900, and at $1/sqft it sits under the Sebring average of $188.
02Zoned for nightly rentals
Spring Lake is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Water views
The water view is part of what you're buying — views hold value independently of the structure.
04Time on market is leverage
128 days on market against a Sebring median of 60 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of CAISSA REALTY INVESTMENT INC · Jorge Aguila-Rodriguez. MLS #S5146110.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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