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454 LAKEPORT COVE, Casselberry, FL 32707

  • $695,000
454 LAKEPORT COVE, Casselberry, FL 32707
Active For Sale
454 LAKEPORT COVE, Casselberry, FL 32707
454 LAKEPORT COVE, Casselberry, FL 32707
  • $695,000

Overview

Property ID: HZO6393398
  • Quadruplex, Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 5
  • Bathrooms
  • 1948
  • Year Built

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.

  • Address 454 LAKEPORT COVE
  • City Casselberry
  • State/county FL
  • Zip/Postal Code 32707
  • Country US

Details

Updated on June 23, 2026 at 8:16 pm
  • Property ID: HZO6393398
  • Price: $695,000
  • Land Area: 0.85 Acres
  • Bedrooms: 8
  • Bathrooms: 5
  • Garage Size: x x
  • Year Built: 1948
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active, For Sale

Additional details

  • Listing Terms: Cash,Conventional
  • Roof: Shingle
  • Utilities: Cable Available,Water Connected
  • Sewer: Public Sewer,Other
  • Cooling: Central Air
  • Heating: Central
  • County: Seminole
  • Property Type: Residential Income
  • Elementary School: Casselberry Elementary
  • Middle School: Milwee Middle
  • High School: Winter Springs High

Features

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