454 Lakeport Cove, Casselberry, FL 32707

Casselberry
Local realty services provided by:ERA Advantage Realty, Inc.
454 Lakeport Cove,Casselberry, FL 32707
$645,000
  • 8 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: bo julian
Office: julian properties, inc.
MLS#:O6393398
Source:MFRMLS

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Price summary

  • Price:$645,000

About this home

This offering presents a rare opportunity to acquire a 4-unit income-producing property in the highly sought-after Casselberry submarket of the Orlando MSA. Situated on an expansive 0.85-acre parcel, the property consists of four detached rental homes with durable masonry construction, newer roofs (approximately 4 years old), and a strong history of occupancy. The asset provides stable in-place income with a current rent roll of approximately $71K annually, while offering clear value-add potential through rent growth. Current average rents are below market at approximately $1,650 per unit, with comparable properties supporting higher rent rate per unit, creating a straightforward path to increase income and overall asset value. Operationally, the property benefits from favorable insurance costs (~$6K/year) and minimal near-term capital expenditure requirements, making it a low-risk, easy-to-manage investment. The combination of strong fundamentals, below-market rents, and a...

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Home facts

  • Year built:1948
  • Subdivision & Development:CENTRAL PARK ADD
  • Listing ID #:O6393398
  • Added:188 day(s) ago
  • Updated:October 05, 2026 at 07:36 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1948
  • Lot Features:Paved
  • Construction Materials:Block
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Winter Springs High
  • Middle school:Milwee Middle
  • Elementary school:Casselberry Elementary

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$645,000
  • Tax amount:$9,907 (2024)

Features and amenities

  • Laundry features:Inside
  • Amenities:Cable Available
  • Pool features:Public Pool
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