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 Market432
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) 448-1042
Source:
Realtygroupfl
Added: Aug 20, 2025
Changed: Oct 25
Last Checked: Oct 24 at 9:30PM
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
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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.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
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
