Two-Unit Duplex with Screened
For Sale
$329,000
Pending
733 Longfellow Boulevard, Lakeland, FL 33801
Each residence includes two bedrooms, a full bathroom, central air, and a screened rear porch.
Property Size1,760 SF
Lot Size0.19 Acres
Days on Market29
Property Features for 733 Longfellow Boulevard
General Information
Standard status
Pending
Size
1,760 SF
Lot size
0.19 Acres
Property subtype
Residential Income / 1/2 Duplex
Zoning
R-2
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$3,931
Amenities
screened porches
Central Air
Central
Tile, Hardwood
No
Range, Refrigerator
Blinds
Laundry Closet
Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan
Square Feet
Public Records
Shingle
One
Shed(s)
Storage
Smoke Detector(s)
Slab
Block
Rear Porch, Screened
Building Details
Year Built
1978
Listing Agency:
LA ROSA REALTY LLC
Listed By:
Marlana Alvarez · License #3356177
(864) 321-2865
Source:
Compass
Added: Oct 7
Changed: Nov 1
Last Checked: Nov 3 at 9:02AM
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 LA ROSA REALTY LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1978 duplex contains two separate residences, each arranged with two bedrooms and one bathroom. Combined building area is 1,760 square feet on a 0.19-acre parcel. Both units have central air, kitchen and dining areas, and screened rear porches facing the backyard. Tile and hardwood flooring are among the interior finishes, and a storage shed is present on the property.
The property is on Longfellow Boulevard in Lakeland, near Southeastern University. It is zoned R-2 and has no HOA. The two-unit configuration and separate living spaces are the defining features of the property.
The property is on Longfellow Boulevard in Lakeland, near Southeastern University. It is zoned R-2 and has no HOA. The two-unit configuration and separate living spaces are the defining features of the property.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,760‑square‑foot duplex on a 0.19‑acre parcel
- Built in 1978; zoned R‑2
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes two bedrooms, a full bathroom, central air, and a screened rear porch.
Where is this duplex located?
The property is located at 733 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 residences, each with 2 bedrooms and 1 bathroom; 1,760‑square‑foot duplex on a 0.19‑acre parcel; Built in 1978; zoned R‑2
