Duplex with Screened
New
For Sale
$329,000
733-735 LONGFELLOW Boulevard, Lakeland, FL 33801
Residential Income, LAKELAND, FL
Property Size1,760 SF
Lot Size0.19 Acres
Price / SF$186.93
Days on Market7
Property Features for 733-735 LONGFELLOW Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Parking features
Driveway
Window features
Blinds
Patio and Porch features
Porch
Interior features
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan
Exterior features
Storage
Appliances
Range, Refrigerator
Subdivision
SEVILLA ON LAKE
Directions
from Memorial Blvd, Head toward N Missouri Ave, Turn right onto N Canal Ave, Turn right onto E Main St, Turn left onto N Longfellow Blvd, Destination will be on the right
Standard status
Active
APN
24-28-21-240000-004005
Size
1,760 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
SEVILLA ON THE LAKE PB 9 PG 47 BLK D N 65 FT OF S 130 FT OF E 125 FT
Tax Annual Amount
3931
Legal Description
SEVILLA ON THE LAKE PB 9 PG 47 BLK D N 65 FT OF S 130 FT OF E 125 FT
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
central air
screened rear porches
Building Details
Year built
1978
Floors in Building
1
Flooring type
Wood, Tile
Building materials
Block
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
LA ROSA REALTY LLC
(321) 939-3748
Listed By:
Marlana Alvarez · License #3356177
(864) 321-2865
Added: Oct 5
Changed: Oct 11
Last Checked: Oct 11 at 8:06PM
MLS# TB8555943
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.
Investment Insights
Based on property information with market context.
This Lakeland duplex contains two separate residences, each arranged with two bedrooms and one bathroom. Combined interior area is 1,760 square feet on a 0.19-acre parcel. Both units have central air, and screened porches extend the living areas toward the backyard. The building is block construction and dates to 1978.
The property is zoned R-2 and is located steps from Southeastern University. Additional site details include driveway parking, storage, public water, and a septic system. The two-unit layout provides distinct living spaces within one residential property.
The property is zoned R-2 and is located steps from Southeastern University. Additional site details include driveway parking, storage, public water, and a septic system. The two-unit layout provides distinct living spaces within one residential property.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,760 square feet of building area
- 0.19‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,661
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,220
$373.2K
Cap Rate 7%
$266,586
$266.6K
Cap Rate 9%
$207,344
$207.3K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$28.5K $16.20/SF
− Vacancy
−$1.9K −$1.05/SF
EGI
$26.7K $15.15/SF
− OpEx
−$8.0K −$4.54/SF
NOI
$18.7K $10.60/SF
Area
Lakeland, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,220
Cap Rate 7%
$266,586
Cap Rate 9%
$207,344
Alternative Uses
Best Use
Multifamily LT 5
$266.6K
$233.3K – $311.0K
NOI $18,661 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,671 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$422.9K
$370.1K – $493.4K
NOI $29,606 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Explore this area
Business Placement
Demographics for 33801, FL
36,798
Population
15,365
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,947
Density / Sq Mi
$49,210
Median Household Income
$30,055
Median Earnings
$1,100
Median Rent
$138,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, one bathroom, and central air conditioning.
Where is this duplex located?
The property is located at 733-735 LONGFELLOW Boulevard Lakeland, FL.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,760 square feet of building area; 0.19‑acre parcel
