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$695,000

454 Lakeport Cove

Casselberry, FL 32707

Listing updated: June 23, 2026 at 4:16 PM ET

Active

Listing courtesy of Julian Properties, Inc. · Bo Julian · MLS #O6393398 · Active · 407-291-4900

Beds

Baths

4,040

Sq Ft

0.85

Acres

1948

Built

◆$172/sqft

Quadruplex

Property type

1948

Year built

36,935 sqft

Lot size

$172

Price / sq ft

No HOA

HOA dues

Days on market

AE*

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$3,514

Property taxes$826

Home insurance (est.)$319

Down payment

20%

$139,000 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history36 days on market

Status: Active
Jun 23, 2026
Listed$695,000
Mar 30, 2026
Price increased$695,000

Facts & features

Property type: Residential Income
Sub type: Quadruplex
Status: Active
Days on market: 36
Subdivision: Central Park Add
County: Seminole
Year built: 1948
Living area: 4,040 sq ft
Price/sq ft: $172
Lot size: 36,935 sq ft
Lot category: 1/2 to less than 1
Flood zone: AE* (12117C0165F)
Annual taxes: $9,907 (2024)
Parcel #: 08-21-30-501-0000-001A
Zoning: R-1A
MLS #: O6393398

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Interior Details

Bedrooms: 8
Interior features: Other
Laundry: Inside

Heating & Cooling

Heating: Central
Cooling: Central Air

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
CDD: No
Listing terms: Cash, Conventional
Ownership: Fee Simple

Exterior & Construction

Exterior features: None
Construction materials: Block
Roof: Shingle
Foundation: Slab
Road surface: Paved

Utilities

Sewer: Public Sewer, Other
Water source: Public
Utilities: Cable Available, Water Connected

Schools

ElementaryACasselberry ElementaryGreatSchools ↗

MiddleBMilwee MiddleGreatSchools ↗

High SchoolWinter Springs HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Listing Details

Listing date: 2026-03-30
On market date: 2026-03-30
Original list price: $695,000
Occupant type: Tenant
MLS area: 32707 - Casselberry
Listing AOR: Orlando Regional
Status changed: 2026-06-23
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

Flood risk

High riskFEMA Zone AE*Panel 12117C0165F

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Seminole Blvd to Lakeport Cove.

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Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 23, 2026 at 4:16 PM ET. 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.

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