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Active Residential

454 LAKEPORT COVE

Casselberry, FL 32707

STELLAR #O6393398 Updated: Jun 29, 2026, 7:08pm
$695,000
8 Beds • 5 Baths • 4,040 SqFt
Property
ActiveResidential
1/60
$695,000

454 LAKEPORT COVE

Casselberry, FL 32707
8
Beds
5
Baths
4,040
SqFt
0.85
Acres
STELLAR
#O6393398
Updated: Jun 29, 2026, 7:08pm

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 Details

Interior
Cooling
Central Air
Heating
Central
Interior Features
Other
Laundry Features
Inside
Living Area
4040
Window Features
Blinds
Construction
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
1948
Site & Exterior
Flood Zone Code
AE*
I D X Participation
Yes
Lot Features
City Lot
Lot Size Acres
0.85
Lot Size Area
36935
Lot Size Dimensions
100 x 378
Lot Size Square Feet
36935
Lot Size Units
Square Feet
Public Survey Range
30
Public Survey Section
08
Road Frontage Type
Street Paved
Road Surface Type
Paved
Sewer
Public SewerOther
Total Acreage
1/2 to less than 1
Utilities
Cable AvailableWater Connected
Water Source
Public
Zoning
R-9
Financials
Calculated List Price By Calculated Sq Ft
172.03
Contract Status Change Date
2026-03-30
Current Price
695000
Feed Types
BBO
Owner Name
JOB CAPITAL LAKEPORT LLC
Ownership
Fee Simple
Parcel Number
0821305010000001A
Public Survey Township
21
Tax Annual Amount
9906.93
Tax Block
00
Tax Book Number
7-9
Tax Legal Description
PT 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
Tax Lot
Yes
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32707 - Casselberry
Subdivision Name
CENTRAL PARK ADD
Schools
Ratings
Elementary
Casselberry Elementary
Middle
Milwee Middle
High
Winter Springs High
Listing provided courtesy of STELLAR via IDX. Updated: Jun 29, 2026, 7:08pm.
Bo Julian

Listing Agent

JULIAN PROPERTIES, INC.

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