Three-Bedroom
294 LOVELL Lane, Apopka, FL 32703
For Sale
New
$239,000
Residential, APOPKA, FL
Property Size1,092 SF
Lot Size0.09 Acres
Price / SF$218.86
Days on Market3
Property Features for 294 LOVELL Lane
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Exterior features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Additional Structures
Listing Agency:
LOKATION
Listed By:
Terry Hoekstra
(954) 545-5583
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 7:06AM
MLS# TB8566846
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 1,092-square-foot half-duplex includes three bedrooms and two bathrooms in a single-story layout. Interior details include a combined living and dining area, vaulted ceilings, split-bedroom arrangement, and a walk-in closet. Hardwood flooring, central air and electric heat, and a kitchen with a range, refrigerator, dishwasher, and microwave are among its features. A kitchen laundry area has washer and dryer hookups, and the property includes driveway parking and exterior storage.
Built in 1984, the home occupies a 0.09-acre lot. Public water and public sewer serve the property, which is in flood zone X and has RTF zoning. There is no HOA.
Built in 1984, the home occupies a 0.09-acre lot. Public water and public sewer serve the property, which is in flood zone X and has RTF zoning. There is no HOA.
Key Highlights
- Three bedrooms and two bathrooms in a 1,092‑square‑foot half‑duplex
- Single‑story layout with combined living and dining area, vaulted ceilings, and split‑bedroom design
- Kitchen includes range, refrigerator, dishwasher, and microwave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,477
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$269,540
$269.5K
Cap Rate 7%
$192,529
$192.5K
Cap Rate 9%
$149,744
$149.7K
Market Conditions
NOI Build-Up for 1,092 SF
Gross rent
$26.2K $24.00/SF
− Vacancy
−$1.7K −$1.56/SF
EGI
$24.5K $22.44/SF
− OpEx
−$11.0K −$10.10/SF
NOI
$13.5K $12.34/SF
Area
Orange County, FL
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$269,540
Cap Rate 7%
$192,529
Cap Rate 9%
$149,744
Alternative Uses
Best Use
Apartment 5plus
$192.5K
$168.5K – $224.6K
NOI $13,477 @ 7.0% cap · market cap 5.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$328.2K
$287.2K – $382.9K
NOI $22,975 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
664
Businesses Nearby
Explore this area
Business Placement
Demographics for 32703, FL
54,805
Population
22,033
Households
2.5
Avg Household Size
37
Median Age
29%
College-Educated
87%
High-School Grad
32.1 sq mi
ZIP Area
1,707
Density / Sq Mi
$70,338
Median Household Income
$42,031
Median Earnings
$1,579
Median Rent
$314,800
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Orange County, FL
Properties on Market for Residential income properties in Orange County
Frequently Asked Questions
What type of property is this?
Residential income property - A single-level residence offers central heating and cooling, driveway parking, and public water and sewer service.
Where is this residential income property located?
The property is located at 294 LOVELL Lane Apopka, FL.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Three bedrooms and two bathrooms in a 1,092‑square‑foot half‑duplex; Single‑story layout with combined living and dining area, vaulted ceilings, and split‑bedroom design; Kitchen includes range, refrigerator, dishwasher, and microwave
