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Lynda Wagner
REALTOR®
(941) 518-5755
$695,000

454 Lakeport Cove Casselberry, FL 32707 Multi Unit - Multiple Active

  • 454 Lakeport Cove , Casselberry, FL 32707 Main Photo

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Description

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 large land component positions this asset as an ideal opportunity for investors seeking stable cash flow with upside in a high-growth Central Florida market.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.85 Acres
Roof Type: Shingle
Taxes: $9,906
Year Built: 1948

General Information

Bedrooms: 8
Sqft: 4,040
County: Seminole
High School: Winter Springs High
Subdivision: CENTRAL PARK
Listed By:
Bo Julian JULIAN PROPERTIES, INC. 407-291-4900

Amenities

Other
None

Property Features

Annual Net Income: 46092.00
Days on Site: 1
Directions: Seminole Blvd to Lakeport Cove.
Exterior: Block
Flood Zone Code: AE*
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: City Limits, Paved
Lot Dimensions: 0.85
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer, Other
Showing Instructions: Appointment Only, ShowingTime
Special Sale Provisions: None
Utilities: Cable Available, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: R-1A
$695,000
8beds
4,040sqft
New to the Market Active
BEDS8 BATHS SQUARE FEET4,040 MLS#O6393398
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCENTRAL PARK

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454 Lakeport Cove , Casselberry, FL 32707.

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Estimated Payment

$ 3,372.33 per month $2,344.12 Principal & Interest $825.50 Property Tax $202.71 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/01/2026. The listing information on this page last changed on 04/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/01/2026 4:45:01 AM EST) or Stellar MLS (last updated Wed 04/01/2026 1:58:51 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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