Advertise
    Lake Mary, FL
    Multifamily

    Lake Mary, FL Multifamily Properties for Sale

    Notify Me
    List
    Map
    Sanford, FL Longwood, FL Orlando, FL Winter Springs, FL Casselberry, FL Altamonte Springs, FL Sorrento, FL Debary, FL
    Updated Duplex With Two Units
    Updated: Apr 26
    Updated Duplex With Two Units

    292 S 3RD Street, Lake Mary, FL 32746

    $429,900
    1,929 sqft 0.34 AC lot
    Duplex built in 1976 with two units: Unit B (3 bed, 2 bath) and Unit A (2 bed, 1 bath)
    Unit B: new kitchen with custom shaker cabinets, quartz counters, and stainless steel appliance package
    Unit B: updated bathrooms with new vanities, tile, fixtures, mirrors, and toilets; new LVP flooring and fresh paint throughout
    Unit A: partial updates including new quartz counters, tile floors, and indoor laundry
    New windows and new patio sliders for the entire building
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    292 S 3RD Street, LAKE MARY, FL 32746

    View Property Analytics

    • Est. Cap Rate

      6%
      Above avg (5.9%)

    • Est. NOI

      $26K
      Annual

    • Price @ 7% Cap

      $368K
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1976
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    46 N FAIRFAX AVENUE, Winter Springs, FL 32708

    $850,000
    3,636 sqft

    Fully leased four-unit building with in-unit washer and dryer and ample parking for each unit.

    View details
    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    46 N FAIRFAX Avenue, Winter Springs, FL 32708

    $850,000
    3,636 sqft 0.24 AC lot

    Two-story fourplex with four leased units, each offering two bedrooms and 1.5 bathrooms with in-unit washer/dryer.

    View details
    Large Corner Lot Duplex
    Large Corner Lot Duplex

    895 PASADENA Avenue, Longwood, FL 32750

    $475,000
    2,632 sqft 0.24 AC lot

    Duplex on a large corner lot with a brand-new roof, updated electrical, and a fenced yard.

    View details
    Large Corner Lot Duplex
    Large Corner Lot Duplex

    895 Pasadena Ave., Longwood, FL 32750

    $490,000

    Duplex with updated electrical, a brand-new roof, and a fenced yard on a corner lot.

    View details

    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.

    Corner Lot for Mobile or Home
    Corner Lot for Mobile or Home

    40850 PINE TREE Lane, Eustis, FL 32736

    Contact for pricing
    0.15 AC lot

    Corner lot in Lake County, zoned A for mobile or manufactured homes, with an existing electric pole and meter panel.

    View details
    Wooded Land Parcel Adjacent Park
    Wooded Land Parcel Adjacent Park

    Deland, FL 32724

    $79,000
    1.00 AC lot

    Wooded 1-acre parcel near a manufactured home park, offering multiple development options for housing and storage uses.

    View details
    Wooded Development Land Parcel
    Wooded Development Land Parcel

    00, Deland, FL 32724

    $79,000
    1.00 AC lot

    Wooded 1-acre DeLand parcel suited for residential development or flexible storage and manufactured housing concepts.

    View details
    Waterfront Development Property in Orlando
    Waterfront Development Property in Orlando

    19543 E Colonial Dr, Orlando, FL 32820

    Contact for pricing

    Largest waterfront development property in Central Florida with extensive frontage.

    View details

    Lake Mary, FL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Lake Mary, FL 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 average $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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Lake Mary, FL

    Popular Searches in Lake Mary, FL

    Popular Categories

    Most Searched ZIP Codes in Lake Mary, FL

    • 32746

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!