$695,000

454 LAKEPORT COVE, Casselberry, FL 32707

  • 8 beds |
  • 5 baths |
  • 4,040 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon0.85acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $172/sqft
  • Property List Date Icon Listed 2 months ago

Property 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.

Listing Status:
Active
Date Added:
March 30, 2026
Data Last Updated:
June 27, 2026 at 11:22PM
Listing Office:
JULIAN PROPERTIES, INC. : 407-291-4900
Listing Agent:
Bo Julian : 407-694-5843
MLS ID:
O6393398
  • General: Other
  • Laundry: Inside
  • A/C: Central Air
  • Heating: Central
  • General: None
  • Roofing: Shingle
  • Windows: Blinds
  • General: BlockSlab
  • Road/Access: Paved
  • Originating MLS: Stellar MLS
  • County: Seminole
  • Zoning: R-1APT OF LOT 1 DESC AS BEG NW COR OF S 100 FT OF N 200 FT RUN E 377.55 FT S 100 FT W TO W LI OF LOT 1 NWLY ON W LI TO BEG (LESS BEG 208.35 FT E OF NW COR RUN S 8.94 FT E 33 FT N 8.94 FT W 33 FT TO BEG) ADD TO CENTRAL PARK PB 7 PG 908-21-30-501-0000-001A
  • Utilities: Cable AvailableWater Connected
  • Water: Public
  • Sewer: Public SewerOther
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Bo Julian , JULIAN PROPERTIES, INC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location