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    Lake Mary, FL Multifamily Properties for Sale

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    Sanford, FL Longwood, FL Orlando, FL
    Updated Duplex in Lake Mary
    $429,900
    1,929 SF
    Updated Duplex in Lake Mary

    292 S 3RD STREET, Lake Mary, FL 32746

    Move-in ready duplex with updated units and new windows.
    • Fully renovated 3 bedroom, 2 bathroom unit (Unit B) with new kitchen (custom shaker cabinets, quartz counters, stainless steel appliances) and bathrooms.
    • Duplex offers flexibility for owner‑occupancy or investment with income potential.
    • New windows and patio sliders throughout the entire building for improved appeal and efficiency.
    • Unit A (2 bedroom, 1 bathroom) is move‑in ready with partial updates including new quartz counters and tile floors.
    • Roof replaced in 2021.
    Updated: Apr 26
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    Mixed-Use Property in Lake Mary
    Contact for pricing
    1,750 SF
    Mixed-Use Property in Lake Mary

    229 Wheelhouse Ln, Lake Mary, FL

    Premier mixed-use property with retail and luxury apartments.
    • Premier mixed‑use property in Lake Mary, Central Florida
    • Features 200,000 SF of retail space and 500 luxury apartments
    • Centrally located within the commercial corridor of Lake Mary, FL
    • 1.5 miles from I4
    • Lake Mary Boulevard experiences an AADT of 23,500
    Updated: Jun 23, 2025
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    Mixed-Use Property in Lake Mary
    Contact for pricing
    1,899 SF
    Mixed-Use Property in Lake Mary

    Premier mixed-use property with retail and luxury apartments in Florida.

    223 Wheelhouse Ln, Lake Mary, FL

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Lake Mary, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Mother-in-Law Suite
    $329,900
    1,350 SF
    Duplex with Mother-in-Law Suite

    Renovated duplex with flexible private suite and modern updates, offering comfortable layout for multi-generational living.

    2820 MAGNOLIA AVENUE, Sanford, FL 32773

    View details
    Updated Duplex on Ronald Reagan
    $399,999
    1,352 SF
    Updated Duplex on Ronald Reagan

    Updated duplex with immediate income potential near Seminole State College.

    5221 N RONALD REAGAN BOULEVARD, Sanford, FL 32773

    View details
    Casselberry Income Property Opportunity
    $695,000
    0.85 Acres
    Casselberry Income Property Opportunity

    Four detached homes on 0.85 acres with income potential.

    454 LAKEPORT Cv, Casselberry, FL 32707

    View details
    Lakefront Redevelopment Opportunity
    $1,450,000
    2.17 Acres
    Lakefront Redevelopment Opportunity

    Prime lakefront land with redevelopment potential near Winter Park.

    417 RAIN LILY COVE, Casselberry, FL 32707

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Casselberry Land For Sale
    $144,999
    Casselberry Land For Sale

    Land available in Casselberry, Florida.

    1329 LAKE DRIVE, Casselberry, FL 32707

    View details
    Wooded Land Development Parcel
    $79,000
    1.00 Acre
    Wooded Land Development Parcel

    Flex-use wooded acreage suited for residential, manufactured housing, or a small storage-oriented development concept.

    Deland, FL 32724

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    Wooded Development Land Parcel
    $79,000
    1.00 Acre
    Wooded Development Land Parcel

    Wooded 1-acre parcel in DeLand offering multiple housing and storage-oriented development options subject to city verification.

    00, Deland, FL 32724

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    Waterfront Development Property in Orlando
    Contact for pricing
    Waterfront Development Property in Orlando

    Largest waterfront development property in Central Florida with extensive frontage.

    19543 E Colonial Dr, Orlando, FL 32820

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    Lake Mary, FL Multifamily Properties Investment Opportunities Market Analysis

    Explore 3 multifamily properties for sale in Lake Mary, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,929 square feet of properties for sale, with an estimated market value of $429,900.

    Sale prices for multifamily properties in Lake Mary, FL start at $429,900, averaging $429,900, and reaching up to $429,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Duplexes 1

    Demographics Overview

    Population 46K
    Population Growth (5Y) +6.3%
    Median Household Income $111,534
    College Educated 36.4%

    High-Yield Neighborhoods for Investment

    Identify Lake Mary submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32746 $429.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.33%
    Property Tax per SF $6.19 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Seminole County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lake Mary fall within the 100,000+ square foot range.

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