454 Lakeport Cove Casselberry, FL 32707
Listing Courtesy of: MLS LogoSTELLAR as distributed by MLS GRID / Listed By: Julian Properties, Inc. - Contact:  407-291-4900

  454 Lakeport Cove Casselberry, FL 32707

Pending (53 Days)
$695,000 (USD)
8
BED
5
BATH
4,040
SQFT

Description

Under contract-accepting backup offers. 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.

MLS #:
O6393398
Taxes
$9,907(2024)
Lot Size
0.85 acres
Type
Multifamily
Year Built
1948
County
Seminole County

Listed By

Bo Julian, Julian Properties, Inc., Contact: 407-291-4900
Source
STELLAR
Last checked Jul 11 2026 at 12:01 PM GMT+0000
Bathroom Details
Interior Features
  • Other
Subdivision
  • Central Park Add
Lot Information
  • City Limits
  • Paved
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Central Air
Exterior Features
  • Block
  • Roof: Shingle
Utility Information
  • Utilities: Cable Available, Water Connected, Water Source: Public
  • Sewer: Public Sewer, Other
School Information
  • Elementary School: Casselberry Elementary
  • Middle School: Milwee Middle
  • High School: Winter Springs High
Living Area
  • 4,040 sqft
Additional Information: Julian Properties, Inc. | 407-291-4900
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 7/11/26 05:01
Based on information submitted to the MLS GRID as of 7/11/2026 12:01. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.