Renovated Live-Work
For Sale
$725,000
1150 N RONALD REAGAN BOULEVARD, Longwood, FL 32750
Two-story property combines professional office space with a residentially adaptable upper level and separate building systems.
Property Size2,540 SF
Price / SF$285.43
Days on Market49
Property Features for 1150 N RONALD REAGAN BOULEVARD
General Information
Standard status
Active
Size
2,540 SF
Total Parking Spaces
11
Property subtype
Mixed Use
Amenities
0.31 acres
Public Sewer
Additional parcels description:, Parcel Number: 32-20-30-505-0000-007F, Public Survey Range: 30, Public Survey Section: 32, Annual Amount: $6,830.74, Tax Book Number: 1-17, Legal Description: N 90 FT OF S 260 FT OF E 150 FT OF LOT 7 BRADLEYS ADD PB 1 PG 17, Lot: 7, Year: 2025, Zoning: GC
Carpet, Ceramic Tile, Hardwood
Central Air
Central, Heat Pump
Listing ID: MFRO6439245, Standard Status: Active, MLS Status: Active, Property Subtype: Mixed Use, On market as of 2026-09-04, Special Conditions: None
Double Pane Windows, Insulated Windows
Built in 1982, Living area: 2480, Living area units: Square Feet, 2 stories, Construction Materials: Block, Concrete, Stucco
Subdivision: BRADLEYS ADD, MLS Area (Major): 32750 - Longwood East, County/Parish: Seminole
BB/HS Internet Capable, Phone Available, Underground Utilities, Water Connected, Water Source: Public
Slab
Frontage Type: City Street, Road Surface: Paved
Accessible Common Area, Accessible Doors, Accessible Entrance, Visitor Bathroom, Accessible Kitchen
Microwave, Refrigerator
Building Details
Year Built
1982
Buildings
1
Stories
2
Construction
block
Listing Agency:
RE/MAX TOWN & COUNTRY REALTY
(407) 695-2066
Listed By:
Randy Adams PA · License #3294058
(321) 438-1027
Source:
Miharaandassociates
Added: Sep 4
Changed: Oct 21
Last Checked: Oct 20 at 10:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX TOWN & COUNTRY REALTY
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Investment Insights
Based on property information with market context.
This two-story live-work property, built in 1982, is configured for both business operations and residential use under Neighborhood Commercial zoning. The first floor includes eight built-in cubicles, two offices, a conference room with cathedral ceilings, a kitchen with granite countertops and solid wood cabinetry, two bathrooms, and a utility room. The upper level offers a large office or bedroom, a private bath plumbed for a shower, a kitchen area, and living-room space. Brazilian walnut flooring, crown molding, solid-core interior doors, tempered interior glass, and separate HVAC systems serve each floor.
Located at 1150 N Ronald Reagan in Longwood, the property includes 11 parking spaces and a fully enclosed storage shed. The first floor is ADA compliant, while a private entrance provides flexibility for the second-floor area. Improvements include a new roof and exterior paint in 2023, new first-floor carpet in 2023, a 2017 water heater, hurricane-rated dual-pane windows, and shatterproof storm doors. Average Annual Daily Traffic generally reaches around 12,000 vehicles per day.
Located at 1150 N Ronald Reagan in Longwood, the property includes 11 parking spaces and a fully enclosed storage shed. The first floor is ADA compliant, while a private entrance provides flexibility for the second-floor area. Improvements include a new roof and exterior paint in 2023, new first-floor carpet in 2023, a 2017 water heater, hurricane-rated dual-pane windows, and shatterproof storm doors. Average Annual Daily Traffic generally reaches around 12,000 vehicles per day.
Key Highlights
- Neighborhood Commercial zoning supports live/work use
- Two‑story layout with separate HVAC systems for each floor
- 11 parking spaces and fully enclosed storage shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,948
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,960
$759.0K
Cap Rate 7%
$542,114
$542.1K
Cap Rate 9%
$421,644
$421.6K
Market Conditions
NOI Build-Up for 2,540 SF
Gross rent
$61.0K $24.00/SF
− Vacancy
−$10.4K −$4.08/SF
EGI
$50.6K $19.92/SF
− OpEx
−$12.6K −$4.98/SF
NOI
$37.9K $14.94/SF
Area
Seminole County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,960
Cap Rate 7%
$542,114
Cap Rate 9%
$421,644
Alternative Uses
Best Use
Office B
$542.1K
$474.4K – $632.5K
NOI $37,948 @ 7.0% cap · market cap 5.23%
Second Best
Mixed Use
$479.0K
$419.1K – $558.8K
NOI $33,528 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$722.8K
$632.5K – $843.3K
NOI $50,597 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
516
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 Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - Two-story property combines professional office space with a residentially adaptable upper level and separate building systems.
Where is this live-work space located?
The property is located at 1150 N RONALD REAGAN BOULEVARD Longwood, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Neighborhood Commercial zoning supports live/work use; Two‑story layout with separate HVAC systems for each floor; 11 parking spaces and fully enclosed storage shed
