Large Duplex on Corner
For Sale
$450,000
895 Pasadena Avenue, Longwood, FL 32750
Unique duplex with new roof on a large corner lot.
Property Size2,632 SF
Price / SF$170.97
Days on Market461
Property Features for 895 Pasadena Avenue
General Information
Standard status
Active
Size
2,632 SF
Property subtype
Multi-family
Building Details
Year Built
1971
Listing Agency:
SOUTHERN REALTY ENTERPRISES
Listed By:
Frank Filippelli · License #316243
(407) 869-0033
Source:
Realtygroupfl
Added: Jul 10, 2025
Changed: Oct 13
Last Checked: Oct 12 at 9:11PM
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 SOUTHERN REALTY ENTERPRISES
Investment Insights
Based on property information with market context.
This is a unique duplex property situated on a large corner lot. One unit faces Highland Street, while the other faces Pasadena Avenue. The property features a brand new roof and updated electrical systems. The yard is fenced. The property size is 2632 square feet.
Key Highlights
- Large duplex on corner lot
- Brand new roof
- Electrical updated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,104
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,080
$702.1K
Cap Rate 7%
$501,486
$501.5K
Cap Rate 9%
$390,044
$390.0K
Market Conditions
NOI Build-Up for 2,632 SF
Gross rent
$53.7K $20.40/SF
− Vacancy
−$3.5K −$1.35/SF
EGI
$50.1K $19.05/SF
− OpEx
−$15.0K −$5.72/SF
NOI
$35.1K $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%
$702,080
Cap Rate 7%
$501,486
Cap Rate 9%
$390,044
Alternative Uses
Best Use
Multifamily LT 5
$501.5K
$438.8K – $585.1K
NOI $35,104 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$461.7K
$404.0K – $538.7K
NOI $32,322 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$749.0K
$655.4K – $873.8K
NOI $52,429 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
993
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Unique duplex with new roof on a large corner lot.
Where is this duplex located?
The property is located at 895 Pasadena Avenue Longwood, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Large duplex on corner lot; Brand new roof; Electrical updated
