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.
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.
Property Details
Price:
$695,000
MLS #:
O6393398
Status:
Active
Beds:
8
Baths:
5
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
CENTRAL PARK ADD
Neighborhood:
32707casselberry
Listed Date:
Mar 30, 2026
Finished Sq Ft:
4,040
Lot Size:
36,935 sqft / 0.85 acres (approx)
Year Built:
1948
See this Listing
Schools
Elementary School:
Casselberry Elementary
Middle School:
Milwee Middle
High School:
Winter Springs High
Interior
Cooling
Central Air
Heating
Central
Interior Features
Other
Laundry Features
Inside
Exterior
Construction Materials
Block
Exterior Features
None
Lot Features
City Lot
Roof
Shingle
Window Features
Blinds
Financial
Tax Year
2024
Taxes
$9,907
Map
Community
- Address454 LAKEPORT COVE CASSELBERRY FL
- SubdivisionCENTRAL PARK ADD
- CityCASSELBERRY
- CountySeminole
- Zip Code32707
Subdivisions in CASSELBERRY
- A REP OF A PT OF LTS 1 & 2 WATTS FARMS
- ASHWOOD CONDO
- BELLE MEADE UNIT 2
- BROOKWOOD
- CABANA KEY A CONDO
- CAMELOT
- CAMELOT UNIT 1
- CAMELOT UNIT 2
- CAMELOT UNIT 3
- CARMEL BY THE LAKE UNIT 1 A CONDO
- CARMEL BY THE LAKE UNIT 5
- CARRIAGE HILL UNIT 1
- CARRIAGE HILL UNIT 2
- CARRIAGE HILL UNIT 4
- CASSEL CREEK PH 1
- CASSELBERRY HEIGHTS
- CASSELBERRY LAKES INDUST PARK
- COACH LIGHT ESTATES SEC 3
- COLONNADES 3RD SEC
- COUNTRY CLUB ADD TO CASSELBERRY REP
- CRYSTAL BOWL 2ND ADD
- DEER RUN
- DEER RUN UNIT 12B
- DEER RUN UNIT 14B
- DEER RUN UNIT 15
- DEER RUN UNIT 16
- DEER RUN UNIT 5
- DEER RUN UNIT 9B
- DEERRUN
- DEVON PLACE TWNHMS
- DUCK POND ADD TO CASSELBERRY
- FERN PARK ESTATES
- FERN TERRACE
- GOLF COURSE ADD
- GREENVILLE COMMONS
- HEFTLER HOMES HOWELL PARK SEC ONE
- HEFTLER HOMES ORLANDO SEC ONE
- HOLLOWBROOK WEST
- HOWELL COVE 2ND SEC
- HOWELL COVE 4TH SEC
- HOWELL CREEK PARK PH 1
- HUNTERS CHASE
- HUNTERS CHASE CONDO PH 1
- LAGO VISTA SUB
- LAKE ELLEN ADD TO CASSELBERRY
- LAKE GRIFFIN ESTATES
- LAKE HOWELL ARMS CONDO
- LAKE KATHRYN PARK 4TH ADD
- LAKE KATHRYN PARK 5TH ADD
- LAKE KATHRYN WOODS
- LAKEHURST
- LEGACY AT SUNBRANCH
- LEGACY PARK RESIDENTIAL PH 1 & 2 A REP
- LEGACY PARK RESIDENTIAL TOWNHOME A REP
- LEGACY PLACE
- LOST LAKE ESTATES
- MARBEYA CLUB CONDO
- NORMANDY PARK REV
- NORTHSHORE REP
- OAKHURST RESERVE UNIT ONE
- OAKHURST RESERVE UNIT TWO
- OXFORD SQUARE CONDO
- QUAIL COVE SUB REP
- QUAIL POND EAST ADD TO CASSELBERRY
- QUEENS MIRROR SOUTH
- QUEENS MIRROR SOUTH 2ND REP ADD REP
- QUEENS MIRROR SOUTH 2ND REP ADD TO CASSELBERRY
- QUEENS MIRROR SOUTH REP
- RESERVE AT LEGACY PARK
- ROLLING LANE
- SAUSALITO
- SAUSALITO SEC 2
- SAUSALITO SEC 3
- SAUSALITO SEC 4
- SEMINOLA PARK REP OF A PT OF
- SEMINOLE SITES
- SHERWOOD FOREST 1ST ADD
- SOUTHPORT CONDO
- SPORTSMANS PARADISE
- STERLING OAKS
- STERLING PARK
- STERLING PARK UNIT 01
- STERLING PARK UNIT 02
- STERLING PARK UNIT 03
- STERLING PARK UNIT 04
- STERLING PARK UNIT 24
- STORYBOOK VILLAGE
- SUMMERHILL PH 1
- SUMMERHILL PH 2
- SUMMERSET NORTH
- SUMMERSET NORTH SEC 3
- SUMMERSET NORTH SEC 6
- SUMMIT VILLAGE
- SUMMIT VILLAGE UNIT 1 CONDO
- SUMMIT VILLAGE UNIT 2
- SUMMIT VILLAGE UNIT 3 A CONDO
- SUMMIT VILLAGE UNIT 4
- SUNSET OAKS
- SUTTERS MILL UNIT 2
- THE PARKE AT HANOVER PLACE
- TRIPLETT LAKE SHORES
- VERNE CHANEY SUB
- VILLAS AT DEER RUN
- WATTS FARMS
- WYNDHAM WOODS PH 1 REP
Market Summary
Current real estate data for Multi Family in CASSELBERRY as of Apr 29, 2026
2
Multi Family Listed
39
Avg DOM
226
Avg $ / SqFt
$629,250
Avg List Price
Property Summary
- Located in the CENTRAL PARK ADD subdivision, 454 LAKEPORT COVE CASSELBERRY FL is a Multi Family for sale in CASSELBERRY, FL, 32707. It is listed for $695,000 To schedule a showing of MLS#o6393398 at 454 LAKEPORT COVE in CASSELBERRY, FL, contact your Charles Rutenberg Realty agent at (407) 619-0129.
Similar Listings Nearby
Courtesy of JULIAN PROPERTIES, INC.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than Charles Rutenberg Realty include the name of the listing broker. Neither the listing company nor Charles Rutenberg Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 454 LAKEPORT COVE
CASSELBERRY, FL

