Date
Details
Price
Change
Source
3/30/2026
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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.
Full Property Details
Full Property Details for 454 Lakeport Cove
General
- Price: $695,000
- Taxes: $9,906 (2024)
- Status: Active
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6393398
- Updated: Today (3/30/2026)
- Added to Site: Today
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: None
Location
- Area: 32707 - Casselberry
- County: Seminole
- Development Name: 32707 - Casselberry
- Subdivision: CENTRAL PARK ADD
- Driving Directions: Seminole Blvd to Lakeport Cove.
School Information
- Elementary School: Casselberry Elementary
- Middle School: Milwee Middle
- High School: Winter Springs High
Community
- Community Name: 32707 - Casselberry
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer, Other
- Water: Public
- Utility Description: Cable TV Available, Water Connected
Structural Information
- # Buildings: 4
- Exterior Const.: Block
- Roof: Shingle
- Windows: Blinds
- Square Feet: 4,040
- Sq. Ft. Source: Public Records
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.85
- Lot Size (Sq. Ft.): 36,935
- Lot Size: 36935
- Lot Dimensions: 100 x 378
- Frontage: Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $9,906.93
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PT 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 9
- Flood Zone Info: AE*
- APN: 0821305010000001A
- Property ID: 0821305010000001A
Listed by Julian Properties, Inc.
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Listing agents
— 454 Lakeport Cove —
Julian Properties, Inc.
Julian Properties, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 454 Lakeport Cove
School District:Seminole County School District
| Name | Grades | Distance |
|---|---|---|
Casselberry Elementary School 1075 Crystal Bowl Circle, Casselberry, FL 32707 | K-5 | 1.7 mi |
Milwee Middle School 1341 S Ronald Reagan Blvd, Longwood, FL 32750 | 6-8 | 0.8 mi |
Winter Springs High School 130 Tuskawilla Road, Winter Springs, FL 32708 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 454 Lakeport Cove
Tax History
Tax History for 454 Lakeport Cove
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,621
17%
$646,555
1%
2024
$9,907
14%
$642,739
26%
2023
$8,695
17%
$508,778
17%
2021
$7,401
-10%
$435,825
-9%
2022
$8,181
11%
$479,868
21%
2021
$7,401
25%
$396,509
22%
2019
$5,909
15%
$325,328
10%
2018
$5,137
5%
$295,753
4%
2017
$4,904
8%
$285,356
16%
2016
$4,521
—
$247,046
1%
2015
$4,534
2%
$243,681
2%
2014
$4,466
—
$239,200
3%
2013
$4,454
—
$232,292
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 454 Lakeport Cove
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454 Lakeport Cove, Casselberry, FL 32707 (MLS# O6393398) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 454 Lakeport Cove is currently listed for $695,000 and was received on March 30, 2026. Want to learn more about 454 Lakeport Cove? Do you have questions about finding other Multi-Family real estate for sale in Casselberry? You can browse all Casselberry real estate or contact a Coldwell Banker agent to request more information.