CASSELBERRY, FL 32707 454 LAKEPORT COVE

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Presented By: with . - 407-291-4900
  • MLS# O6393398
  • 03/30/2026
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 8
  • Baths • 5
  • SQFT • 4,040

Home Details

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.
Presented By: with . - 407-291-4900

Interior Features for 454 LAKEPORT COVE

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths5

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesOther
Laundry FeaturesInside
Window FeaturesBlinds

General for 454 LAKEPORT COVE

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Y/NNo
CityCASSELBERRY
Construction MaterialsBlock
CoolingCentral Air
CountySeminole
DirectionsSeminole Blvd to Lakeport Cove.
Elementary SchoolCasselberry Elementary
Flood Zone CodeAE*
Garage Y/NNo
Gross Income71450
HeatingCentral
High SchoolWinter Springs High
Land Lease Y/NNo
Legal DescriptionPT 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
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet36935
Lot Size UnitsSquare Feet
MLS Area32707 - Casselberry
Middle/Junior High SchoolMilwee Middle
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
PossessionClose Of Escrow
Property Attached Y/NNo
Property SubtypeQuadruplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer, Other
Standard StatusActive Under Contract
StatusPending
Subdivision NameCENTRAL PARK ADD
Tax Annual Amount9906.93
Tax Lot1
Tax Year2024
UtilitiesCable Available, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1948
ZoningR-9

Exterior for 454 LAKEPORT COVE

Exterior AmenitiesNone
Foundation DetailsSlab
Lot Dimensions100 x 378
Lot FeaturesCity Lot
Lot Size Acres0.85
Lot Size Area36935
Number of Buildings4
Private PoolNo
Road Frontage TypeStreet Paved
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Steven Pugh

Broker Associate | Team Leader
Price $695,000
MLS#O6393398
List Date 03/30/2026
Property Type Income
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