2-Unit Duplex with Updated
For Sale
$399,000
737 E CHURCH Avenue, Longwood, FL 32750
Residential Income, LONGWOOD, FL
Property Size2,542 SF
Lot Size0.17 Acres
Price / SF$156.96
Days on Market303
Property Features for 737 E CHURCH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
MDU
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4
Exterior features
Awning(s)
Subdivision
WILDMERE RESURVEY OF BLK 4
Elementary school
Longwood Elementary
Middle school
Milwee Middle
High school
Winter Springs High
Directions
From I-4, take FL-434 E, turn right onto S Wayman St, then take the first right. Property will be on the left.
Standard status
Active
APN
32-20-30-511-0100-0190
Size
2,542 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 19 + W 1/2 LOT 20 BLK 1 RESURVEY OF BLK 4 WILDMERE PB 4 PG 50
Tax Annual Amount
5240
Legal Description
LOT 19 + W 1/2 LOT 20 BLK 1 RESURVEY OF BLK 4 WILDMERE PB 4 PG 50
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1973
Number of units
2
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS REALTY AT THE PARKS
(407) 629-4420
Listed By:
Ayesha Verma
(407) 639-0345
Added: Dec 19, 2025
Changed: Oct 18
Last Checked: Oct 18 at 2:06PM
MLS# O6365251
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.
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Investment Insights
Based on property information with market context.
This 2,542-square-foot duplex contains two residences, each configured with 2 bedrooms and 1.5 bathrooms. One unit is vacant, while the other is leased month-to-month. Updates include a renovated kitchen, interior paint, bathroom fixtures, and appliances. The property also has central air conditioning, a shingle roof, and awnings.
Built in 1973 on a 0.17-acre lot, the building has public water and sewer service. The roof was replaced in 2020, and the property was re-piped with PEX plumbing in 2019. Electrical wiring connections were repaired with AlumiConn connectors. The occupied unit's tenant handles electricity, water, cable, internet, and lawn maintenance.
Built in 1973 on a 0.17-acre lot, the building has public water and sewer service. The roof was replaced in 2020, and the property was re-piped with PEX plumbing in 2019. Electrical wiring connections were repaired with AlumiConn connectors. The occupied unit's tenant handles electricity, water, cable, internet, and lawn maintenance.
Key Highlights
- Two units, each with 2 bedrooms and 1.5 bathrooms
- 2,542 square feet on a 0.17‑acre lot
- One unit vacant; the other leased month‑to‑month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,904
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,080
$678.1K
Cap Rate 7%
$484,343
$484.3K
Cap Rate 9%
$376,711
$376.7K
Market Conditions
NOI Build-Up for 2,542 SF
Gross rent
$51.9K $20.40/SF
− Vacancy
−$3.4K −$1.35/SF
EGI
$48.4K $19.05/SF
− OpEx
−$14.5K −$5.72/SF
NOI
$33.9K $13.34/SF
Area
Seminole County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,080
Cap Rate 7%
$484,343
Cap Rate 9%
$376,711
Alternative Uses
Best Use
Multifamily LT 5
$484.3K
$423.8K – $565.1K
NOI $33,904 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$445.9K
$390.2K – $520.3K
NOI $31,216 @ 7.0% cap · market cap 7.82%
Theoretical Best
Office A
$723.4K
$633.0K – $844.0K
NOI $50,637 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
989
Businesses Nearby
Explore this area
Business Placement
Demographics for 32750, FL
25,261
Population
10,541
Households
2.4
Avg Household Size
43
Median Age
37%
College-Educated
93%
High-School Grad
11.4 sq mi
ZIP Area
2,216
Density / Sq Mi
$85,227
Median Household Income
$48,311
Median Earnings
$1,633
Median Rent
$350,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate 2-bedroom residences provide a mix of vacant and month-to-month occupancy.
Where is this duplex located?
The property is located at 737 E CHURCH Avenue Longwood, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1.5 bathrooms; 2,542 square feet on a 0.17‑acre lot; One unit vacant; the other leased month‑to‑month
