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454 LAKEPORT CV,  CASSELBERRY, FL 32707

MLS# O6393398.  8 beds.  0.0 baths.  Apartment.  Active

$9,907 in taxes (2024)

$695,000

 

Remarks:

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.

Quick Info:

  • Listing is courtesy Of: JULIAN PROPERTIES, INC. ((407-291-4900))
  • Listing Agent: Bo Julian ((407-694-5843))
  • Days on yellowkey: 16
  • Property Type: Apartment
  • Beds: 8
  • Baths: 0.0
  • Living Area Square Feet: 4040
  • Built 1948
  • Taxes: $9,907 (2024)
  • Garage Spaces: ()
  • Square Feet:
  • Fees: $0
  • Seminole County
  • Terms: Cash, Conventional
  • Subdivision Info:
  • Occupancy Information: Tenant
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  • Subdivision Name: CENTRAL PARK ADD
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
3/30/2026Sale16O6393398listed for sale$695,000-MLS




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