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Concrete-Block Multifamily Property
For Sale
Under Contract
$249,000

6835 LONGMEADE Lane, Orlando, FL 32822

Residential, ORLANDO, FL

Property Size1,022 SF
Lot Size0.09 Acres
Price / SF$243.64
Days on Market105

Property Features for 6835 LONGMEADE Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2
Bedrooms 3
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1
Interior features Thermostat
Exterior features Sidewalk
Appliances Dishwasher, Range, Refrigerator
Subdivision MEADOW COVE
Elementary school Three Points Elem
Middle school Liberty Middle
High school Colonial High
Directions Head south on Semoran Blvd (SR-436) from Colonial Dr. Continue south on Semoran past Curry Ford Rd. Turn right on Pershing Ave. Turn right on Redditt Rd. Turn right on Edgefield Ln. Turn left on Longmeade Ln. The property will be on your left
Standard status Active Under Contract
APN 15-23-30-5566-00-301
Size 1,022 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MEADOW COVE UNIT 2 10/62 THE E 1/2 LOT 30
Tax Annual Amount 2944
Legal Description MEADOW COVE UNIT 2 10/62 THE E 1/2 LOT 30

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1981
Floors in Building 1
Flooring type Tile
Building materials Block, Concrete
Roof type Shingle
Listing Agency: CREEGAN GROUP
Listed By: Timothy W Boon, PLLC
Added: Jul 10 Changed: Oct 22 Last Checked: Oct 22 at 10:06AM
MLS# O6423743

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 1,022-square-foot residence in Orlando has three bedrooms and one bathroom. Built in 1981, it has concrete-block construction, tile flooring, central air, and electric heat. The 0.09-acre parcel is enclosed, with a sidewalk and public water and sewer service. Appliances include a dishwasher, range, and refrigerator.

The property is near routes 408, 417, and 528, with Orlando International Airport, Publix, Miller's Ale House, Turnbull Park, and Ventura Country Club identified nearby. The listing also identifies the neighboring unit at 6833 as separately available.

Key Highlights

  • 1,022 square feet on a 0.09‑acre lot
  • Three bedrooms and one bathroom
  • Concrete‑block construction; 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 (±1% cap)
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 (±1% cap)
NOI $21,502 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

281
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The residence has three bedrooms, one bathroom, and R-2 zoning.
Where is this multifamily 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: 1,022 square feet on a 0.09‑acre lot; Three bedrooms and one bathroom; Concrete‑block construction; built in 1981
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