Listing provided courtesy of JULIAN PROPERTIES, INC.as Distributed by MLSGrid- MLS# MFRO6393398MLS Provider

454 LAKEPORT COVECASSELBERRY, FL 32707

Multi-Family · 8 Beds · 4,040 Sq. ft. | 0.85 Acres
$695,000 Active

454 LAKEPORT COVE Overview

Time on Site:
92 days
Visits:
0

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.

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454 LAKEPORT COVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,040
  • Price/Sq.ft. $172
  • Lot 0.85 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: Casselberry Elementary
  • Middle Or Junior School: Milwee Middle
  • High School: Winter Springs High

Income/Expenses

  • Gross Income: 71450

Building Information

  • New Construction: No
  • Year Built: 1948

Location/Region

  • Country: US
  • County Or Parish: Seminole
  • MLS Area Major: 32707 - Casselberry
  • Subdivision Name: CENTRAL PARK ADD
  • Township: 21

Tax Information

  • Tax Annual Amount: 9906.93
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 08-21-30-501-0000-001A
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: R-9

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 5
  • Bedrooms Total: 8

Building Interior

  • Building Area Units: Square Feet

General Information

  • Cooling: Central Air
  • Fireplace: No
  • Foundation Details: Slab
  • Heating: Central
  • Interior Features: Other
  • Laundry Features: Inside
  • Living Area: 4040
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Other Equipment: None
  • Window Features: Blinds

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: City Limits,Paved
  • Lot Size Acres: 0.85
  • Lot Size Dimensions: 100x378
  • Lot Size Square Feet: 36935
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block
  • Property Attached: No
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: None
  • Pool Private: No
  • Sewer: Public Sewer,Other
  • Utilities: Cable Available,Water Connected

454 LAKEPORT COVE Neighborhood

Community

32707 (CASSELBERRY) Demographics

40
Median Age
3,480
Population Density (per sq. mile)
48%
College Educated
$55,387
Estimated Median Income
10,591
Estimated Total Home Owners
5,089
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

454 LAKEPORT COVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

454 LAKEPORT COVE Market Data

Based on the last 30 days in this zip code

$365,654
Average List Price
$229
Average Price per Square Foot
37
Properties Sold
73
Average Days on Market
136
Properties for Sale
Calculations provided by Reliance Network

454 LAKEPORT COVE History

Date Event Value Agent
3/30/2026Source: My Florida Regional MLS Added to Database
March 30, 2026