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$645,000
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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
- Sold For: $645,000
- Taxes: $9,906 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6393398
- Added to Site: 195 day(s) ago
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
- Living Area: 4,040 Sq. Ft.
- 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.
Sold by Century 21 Be3
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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
Date
Details
Price
Change
Source
9/25/2026
Sold
$645,000
-7.19%
MLS
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.
454 Lakeport Cove, Casselberry, FL 32707 (MLS# O6393398) is a Multi-Family property that was sold at $645,000 on September 25, 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.

