Duplex with Screened
New
For Sale
$329,000
733-735 LONGFELLOW Boulevard, Lakeland, FL 33801
Residential, LAKELAND, FL
Property Size1,760 SF
Lot Size0.19 Acres
Price / SF$186.93
Days on Market2
Property Features for 733-735 LONGFELLOW Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3
Parking features
Driveway
Window features
Blinds
Patio and Porch features
Porch
Interior features
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan
Exterior features
Storage
Fencing
Chain Link, Fenced
Appliances
Range, Refrigerator
Subdivision
SEVILLA ON LAKE
Directions
from Memorial Blvd, Head toward N Missouri Ave, Turn right onto N Canal Ave, Turn right onto E Main St, Turn left onto N Longfellow Blvd, Destination will be on the right
Standard status
Active
APN
24-28-21-240000-004005
Size
1,760 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
SEVILLA ON THE LAKE PB 9 PG 47 BLK D N 65 FT OF S 130 FT OF E 125 FT
Tax Annual Amount
3931
Legal Description
SEVILLA ON THE LAKE PB 9 PG 47 BLK D N 65 FT OF S 130 FT OF E 125 FT
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1978
Floors in Building
1
Flooring type
Tile, Wood
Building materials
Block
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
LA ROSA REALTY LLC
(321) 939-3748
Listed By:
Marlana Alvarez · License #3356177
(864) 321-2865
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 4:06PM
MLS# TB8554777
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This block-construction duplex contains two separate residences, each with 2 bedrooms and 1 bathroom. Together, the units provide 1,760 square feet of living area on a 0.19-acre parcel. Interior features include open floorplans, eat-in kitchens, wood and tile flooring, and central air conditioning. Screened rear porches extend each unit’s living space, and the property also has a fenced backyard and driveway parking.
Built in 1978 and zoned R-2, the property is near Southeastern University. One residence is operating as a short-term rental, while the other has a month-to-month tenant. Public water and septic service the property, and cable is available.
Built in 1978 and zoned R-2, the property is near Southeastern University. One residence is operating as a short-term rental, while the other has a month-to-month tenant. Public water and septic service the property, and cable is available.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,760 square feet of living area on a 0.19‑acre parcel
- R‑2 zoning; built in 1978
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,661
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,220
$373.2K
Cap Rate 7%
$266,586
$266.6K
Cap Rate 9%
$207,344
$207.3K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$28.5K $16.20/SF
− Vacancy
−$1.9K −$1.05/SF
EGI
$26.7K $15.15/SF
− OpEx
−$8.0K −$4.54/SF
NOI
$18.7K $10.60/SF
Area
Lakeland, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,220
Cap Rate 7%
$266,586
Cap Rate 9%
$207,344
Alternative Uses
Best Use
Multifamily LT 5
$266.6K
$233.3K – $311.0K
NOI $18,661 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,671 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$422.9K
$370.1K – $493.4K
NOI $29,606 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Explore this area
Business Placement
Demographics for 33801, FL
36,798
Population
15,365
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,947
Density / Sq Mi
$49,210
Median Household Income
$30,055
Median Earnings
$1,100
Median Rent
$138,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two independent homes offer a mix of existing short-term rental operation and month-to-month occupancy.
Where is this duplex located?
The property is located at 733-735 LONGFELLOW Boulevard Lakeland, FL.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,760 square feet of living area on a 0.19‑acre parcel; R‑2 zoning; built in 1978
