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.
Accepting backups
$695,000
454 LAKEPORT COVE, CASSELBERRY, FL 32707
8beds
5baths
4,040sqft
Quadruplex, Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$172/sqft
$-- HOA
What's special
Durable masonry constructionLarge land component
- 61 days |
- 74 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Bo Julian 407-694-5843,
JULIAN PROPERTIES, INC. 407-291-4900
Source: Stellar MLS,MLS#: O6393398
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- Other
- Has fireplace: No
Interior area
- Total interior livable area: 4,040 sqft
Video & virtual tour
Property
Features
- Exterior features: None
Lot
- Size: 0.85 Acres
- Dimensions: 100 x 378
- Features: City Lot
Details
- Parcel number: 0821305010000001A
- Zoning: R-9
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer, Other
- Water: Public
- Utilities for property: Cable Available, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: CENTRAL PARK ADD
HOA
- Has HOA: No
Location
- Region: Casselberry
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $646,555
- Annual tax amount: $9,906
- Date on market: 3/30/2026
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listed for sale | $695,000$172/sqft |
Source: | ||
| 7/8/2026 | Listing removed | $695,000$172/sqft |
Source: | ||
| 6/23/2026 | Listed for sale | $695,000$172/sqft |
Source: | ||
| 5/5/2026 | Listing removed | $695,000$172/sqft |
Source: | ||
| 3/30/2026 | Listed for sale | $695,000+505.4%$172/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/24/2020 | Listing removed | $1,350 |
Source: Owner Report a problem | ||
| 1/11/2020 | Price change | $1,350-10% |
Source: Owner Report a problem | ||
| 1/4/2020 | Listed for rent | $1,500 |
Source: Owner Report a problem | ||
| 4/2/2013 | Sold | $114,800-53.1%$28/sqft |
Source: Public Record Report a problem | ||
| 12/6/2010 | Listing removed | $245,000$61/sqft |
Source: Keller Williams - Orlando North #O4994873 Report a problem | ||
| 11/6/2010 | Price change | $245,000-12.2%$61/sqft |
Source: Keller Williams - Orlando North #O4994873 Report a problem | ||
| 7/3/2010 | Price change | $279,000-3.5%$69/sqft |
Source: Keller Williams Heritage Realty #O4994873 Report a problem | ||
| 4/18/2010 | Price change | $289,000-3.3%$72/sqft |
Source: NRT Florida #O4940904 Report a problem | ||
| 2/6/2010 | Price change | $299,000-9.4%$74/sqft |
Source: NRT Florida #O4940904 Report a problem | ||
| 1/6/2010 | Price change | $330,000-5.4%$82/sqft |
Source: NRT Florida #O4940904 Report a problem | ||
| 10/19/2009 | Listed for sale | $349,000$86/sqft |
Source: NRT Florida #O4940904 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,502 +17.8% | $615,622 +10% |
| 2024 | $9,763 +14.1% | $559,656 +10% |
| 2023 | $8,555 +5.9% | $508,778 +6.1% |
| 2022 | $8,077 +9.1% | $479,408 +10% |
| 2021 | $7,401 +10.6% | $435,825 +9.9% |
| 2020 | $6,694 +13.3% | $396,509 +21.9% |
| 2019 | $5,909 | $325,328 +10% |
| 2018 | $5,909 +15% | $295,753 +8.8% |
| 2017 | $5,137 +4.7% | $271,751 +8.3% |
| 2016 | $4,904 +8.5% | $251,010 +3% |
| 2015 | $4,521 | $243,681 +1.9% |
| 2014 | $4,521 +2.4% | $239,200 +3% |
| 2013 | $4,417 -16.8% | $232,292 -31.6% |
| 2009 | $5,307 -11.5% | $339,645 -14.7% |
| 2008 | $5,993 -6.4% | $397,976 +0.1% |
| 2006 | $6,405 +119.5% | $397,425 +137.4% |
| 2002 | $2,917 | $167,408 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32707
Nearby schools
GreatSchools rating
- 8/10Casselberry Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 6/10Milwee Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Winter Springs High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Casselberry Elementary
- Middle: Milwee Middle
- High: Winter Springs High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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