Updated Two-Unit
New
For Sale
$399,000
737 E CHURCH Avenue, Longwood, FL 32750
Residential Income, LONGWOOD, FL
Property Size2,542 SF
Lot Size0.17 Acres
Price / SF$156.96
Days on Market2
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Property Features for 737 E CHURCH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
MDU
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 3
Exterior features
Awning(s)
Subdivision
WILDMERE RESURVEY OF BLK 4
Elementary school
Longwood Elementary
Middle school
Milwee Middle
High school
Winter Springs High
Directions
From I-4, take FL-434 east, turn right onto S Wayman St, then right onto E Church Ave; property on left.
Standard status
Active
APN
32-20-30-511-0100-0190
Size
2,542 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 19 + W 1/2 LOT 20 BLK 1 RESURVEY OF BLK 4 WILDMERE PB 4 PG 50
Tax Annual Amount
5240
Legal Description
LOT 19 + W 1/2 LOT 20 BLK 1 RESURVEY OF BLK 4 WILDMERE PB 4 PG 50
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1973
Number of units
2
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS REALTY AT THE PARKS
(407) 629-4420
Listed By:
Ayesha Verma · License #SL3531226
(407) 639-0345
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 6:06PM
MLS# O6447922
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 2,542-square-foot duplex contains two residences, each configured with two bedrooms and 1.5 bathrooms. One unit is vacant and available for showings; the other has a month-to-month tenant. Recent work includes a renovated kitchen, fresh interior paint, replacement bathroom fixtures, a new range and dishwasher, and updated air-conditioning systems. The roof was replaced in 2020, and the building was re-piped with PEX in 2019. Electrical connections were repaired with AlumiConn connectors.
The property occupies a 0.17-acre lot in Longwood, near US Hwy 17-92 and SR-434. Publix is approximately 2.5 miles away, CVS is 1.1 miles away, and Starbucks is 0.2 miles away. The property has MDU zoning, public water and sewer, and no HOA.
The property occupies a 0.17-acre lot in Longwood, near US Hwy 17-92 and SR-434. Publix is approximately 2.5 miles away, CVS is 1.1 miles away, and Starbucks is 0.2 miles away. The property has MDU zoning, public water and sewer, and no HOA.
Key Highlights
- Two units, each with 2 bedrooms and 1.5 bathrooms
- 2,542 square feet on a 0.17‑acre lot
- Roof replaced in 2020; property re‑piped with PEX in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,904
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,080
$678.1K
Cap Rate 7%
$484,343
$484.3K
Cap Rate 9%
$376,711
$376.7K
Market Conditions
NOI Build-Up for 2,542 SF
Gross rent
$51.9K $20.40/SF
− Vacancy
−$3.4K −$1.35/SF
EGI
$48.4K $19.05/SF
− OpEx
−$14.5K −$5.72/SF
NOI
$33.9K $13.34/SF
Area
Seminole County, FL
Vacancy
6.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,080
Cap Rate 7%
$484,343
Cap Rate 9%
$376,711
Alternative Uses
Best Use
Multifamily LT 5
$484.3K
$423.8K – $565.1K
NOI $33,904 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$445.9K
$390.2K – $520.3K
NOI $31,216 @ 7.0% cap · market cap 7.82%
Theoretical Best
Office A
$723.4K
$633.0K – $844.0K
NOI $50,637 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
989
Businesses Nearby
Explore this area
Business Placement
Demographics for 32750, FL
25,261
Population
10,541
Households
2.4
Avg Household Size
43
Median Age
37%
College-Educated
93%
High-School Grad
11.4 sq mi
ZIP Area
2,216
Density / Sq Mi
$85,227
Median Household Income
$48,311
Median Earnings
$1,633
Median Rent
$350,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant for showings, while the second is occupied on a month-to-month basis.
Where is this duplex located?
The property is located at 737 E CHURCH Avenue Longwood, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1.5 bathrooms; 2,542 square feet on a 0.17‑acre lot; Roof replaced in 2020; property re‑piped with PEX in 2019
