FL
Seminole
CASSELBERRY
32707
454 LAKEPORT COVE
454 LAKEPORT COVE, CASSELBERRY, FL 32707
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Listing Type
Multi Family
Listing Status
Active
71
$695,000

Home Details for 454 LAKEPORT COVE

Price
$695,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
5
Square feet
4040
Year built
1948
Lot size acres
0.85
County
Seminole
MLS Listing#
O6393398
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.

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Property Features
  • Utilities
    • Cable Available
    • Water Connected
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • House Interior
    • Other
School Information
School Information for 454 LAKEPORT COVE, CASSELBERRY, FL 32707
Elementary School
Casselberry Elementary
Middle School
Milwee Middle
High School
Winter Springs High
Listing Courtesy: JULIAN PROPERTIES, INC. - 407-291-4900
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. 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. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-03-31 05:40:12
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EXIT KING REALTY
1800 S. Tamiami Trail, Venice, FL 34293
Dwayne Summers
License #: 3645659
Sales Representative
Office
941 497 6060
Agent
941 204 9828
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