Concrete Block Income
For Sale
$249,000
Pending
6835 LONGMEADE LANE, Orlando, FL 32822
Three-bedroom residence with an enclosed lot and convenient access to Orlando-area transportation routes.
Property Size1,022 SF
Days on Market101
Property Features for 6835 LONGMEADE LANE
General Information
Standard status
Pending
Size
1,022 SF
Property subtype
Half Duplex
Amenities
0.09 acres
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 15-23-30-5566-00-301, Public Survey Range: 30, Public Survey Section: 15, Annual Amount: $2,944, Tax Block: 00, Tax Book Number: 10-62, Legal Description: MEADOW COVE UNIT 2 10/62 THE E 1/2 LOT 30, Lot: 30, Year: 2025, Zoning: R-2
Tile
Central Air
Electric
Electric Dryer Hookup, Washer Hookup
Listing ID: MFRO6423743, Standard Status: Active Under Contract, MLS Status: Pending, Property Subtype: Half Duplex, On market as of 2026-07-10, Off market as of 2026-10-13, 95 days on market, Special Conditions: None
Elementary School: Three Points Elem, Middle School: Liberty Middle, High School: Colonial High
3 total bedrooms
Built in 1981, Living area: 1022, Living area units: Square Feet, Building faces South, Levels: One, Construction Materials: Block, Concrete
Subdivision: MEADOW COVE, MLS Area (Major): 32822 - Orlando/Ventura, County/Parish: Orange
1 total bathroom, 1 full bathroom
Electricity Connected, Water Connected, Water Source: Public
Slab
Road Surface: Paved
Sidewalk
Thermostat
Dishwasher, Range, Refrigerator
Building Details
Year Built
1981
Listing Agency:
CREEGAN GROUP
(407) 622-1111
Listed By:
Timothy W Boon, PLLC · License #3277151
(321) 246-7930
Source:
Miharaandassociates
Added: Jul 10
Changed: Oct 16
Last Checked: Oct 16 at 8:58AM
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 CREEGAN GROUP
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Investment Insights
Based on property information with market context.
This other residential income property is a concrete block residence containing three bedrooms and one bathroom. The home offers 1,022 square feet, an enclosed lot, and a 1981 construction date.
The property is located in Orlando, Florida, near Orlando International Airport and within a short drive of State Roads 408, 417, and 528. Nearby destinations include Publix, Miller's Ale House, Turnbull Park, and Ventura Country Club, which features an 18-hole golf course, restaurant, and resort-style amenities.
The property is located in Orlando, Florida, near Orlando International Airport and within a short drive of State Roads 408, 417, and 528. Nearby destinations include Publix, Miller's Ale House, Turnbull Park, and Ventura Country Club, which features an 18-hole golf course, restaurant, and resort-style amenities.
Key Highlights
- 3‑bedroom, 1‑bath concrete block residence
- 1,022 square feet on an enclosed lot
- Built in 1981
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,173
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,460
$263.5K
Cap Rate 7%
$188,186
$188.2K
Cap Rate 9%
$146,367
$146.4K
Market Conditions
NOI Build-Up for 1,022 SF
Gross rent
$25.8K $25.20/SF
− Vacancy
−$1.8K −$1.76/SF
EGI
$24.0K $23.44/SF
− OpEx
−$10.8K −$10.55/SF
NOI
$13.2K $12.89/SF
Area
ZIP 32822
Vacancy
7.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,460
Cap Rate 7%
$188,186
Cap Rate 9%
$146,367
Alternative Uses
Best Use
Apartment 5plus
$188.2K
$164.7K – $219.6K
NOI $13,173 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$307.2K
$268.8K – $358.4K
NOI $21,502 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
Explore this area
Business Placement
Demographics for 32822, FL
64,120
Population
27,437
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
88%
High-School Grad
13.6 sq mi
ZIP Area
4,715
Density / Sq Mi
$52,944
Median Household Income
$31,368
Median Earnings
$1,609
Median Rent
$222,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom residence with an enclosed lot and convenient access to Orlando-area transportation routes.
Where is this residential income property located?
The property is located at 6835 LONGMEADE LANE Orlando, FL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 3‑bedroom, 1‑bath concrete block residence; 1,022 square feet on an enclosed lot; Built in 1981
