210 Wayman StLongwood, FL 32750

  • Specialty properties
  • 2,000 SF
For Sale
$349,000 View listing

Property Details for 210 Wayman St

Year built
1988
Construction
WOOD FRAME
Lot size
0.00 AC
Property size (Sq ft)
2,000 SF
Property type
Specialty properties
Property subtype
Schools
APN
32-20-30-510-0E00-0010
APU
3220305100E000010

Description

This exceptional 2,000 square foot building presents a unique investment opportunity in Longwood, Florida. Situated on a sizable 0.42-acre lot encompassing two parcels, the property offers significant flexibility. Currently configured as a well-maintained former daycare center, it boasts updated mechanical systems. The City of Longwood has granted preliminary approval for conversion into a duplex, envisioning two approximately 1,750 square foot units, each with a two-car garage. This conversion plan allows for substantial expansion potential, maximizing the property's income-generating capabilities. The building's existing structure provides a solid foundation for either a straightforward renovation into a duplex or continued use as a single, larger unit. This versatile property is ideally suited for investors seeking a high-return project with clear development pathways. The location in Longwood offers convenient access to local amenities and transportation networks. The combination of existing infrastructure, preliminary city approvals, and the expansive lot size makes this a rare and compelling investment prospect. Don't miss this chance to acquire a property with substantial upside in a thriving Florida market. The asking price is $349,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $389,674
    Hospitality
    $356,940
    Educational
    $296,969
    Medical
    $307,183
    Retail
    $461,953
210 Wayman St, Longwood, Florida

Location Insight

City
Longwood
County
Seminole
State
Florida
Latitude
28.6999
Longitude
-81.3343
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,752
-
-
$367,232
-
$146,309
$220,923
$367,232

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