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1404 Carlisle Drive

Casselberry, FL 32707

– beds
– baths
672 sqft
6,500 sqft lot
$483 per sqft
1973 build
– on site

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Ideally located between Winter Park Rd and Tuskawilla Blvd. is an amazing opportunity to own five manufactured homes on four parcels in desirable Casselberry. Currently, each unit is tenant-occupied on month-to-month leases, with each unit bringing in around $800 a month. The properties have been self-managed with long-term tenants. With some light updating, there is room to increase rents to $950-$1000 a month, making the pro forma a massive 10%+ return. Finding a near-turnkey rental opportunity in Casselberry right now is practically impossible. This investment works great as either a flip or a rental. There's also the possibility of replacing the mobiles with larger models or building small single-family homes as the zoning appears to allow both mobile homes or site-built homes. Two of the lots back up to a small pond and are .13 acres & .17 acres. The other two parcels are .23 acres & .15 acres. New construction homes are being built on .14 acres and larger. on Newer model, manufactured homes are selling in the 150k-200k range, and new single-family homes are selling quickly at 275k plus. You won't find an opportunity like this anywhere else.

Listing courtesy of STELLAR_MLS / EQUITYPRO LLC

Last checked: Checking… • Last updated Nov 3, 2024 •

MLS# O5939195 —

The Building

Year Built:

1973
New Construction:

false
Construction Materials:

Metal Frame
Roof:

Other
Foundation Details:

Crawlspace
# of Buildings:

5
Building Area Units:

Square Feet

Interior

Fireplace:

false

Room Dimensions

Living Area:

672
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Head northwest on Seminola Blvd toward Vanguard Point, Turn right onto Lake Dr Turn left onto Huntington Dr
Latitude:

28.671497
Longitude:

-81.303256
Coordinates:

-81.303256, 28.671497

The Property

Parcel Number:

10213050600000180
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

0.15
Lot Size Area:

6500
Lot Size SqFt:

6500
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RMH-8
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Concrete
Flood Zone Code:

X
Flood Zone Panel:

12117C0170F
Additional Parcels:

true
Additional Parcels Description:

10-21-30-506-0000-0370
Homestead:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2020
Tax Lot:

18
Tax Block:

506
Tax Legal Description:

LOT 18 REPLAT OF A PART OF LOTS 1 + 2 WATTS FARMS PB 15 PG 22
Tax Book Number:

15-22
Tax Annual Amount:

423

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Wall Units / Window Unit
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Public Sewer

The Community

Subdivision Name:

A REP OF A PT OF LTS 1 & 2 WATTS FARMS
Senior Community:

false
Water View:

Pond
Water View:

true
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

5

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Sale history

Date	Event	Source	Price	% Change
6/15/21 Jun 15, 2021	Sold	STELLAR_MLS	$325,000

Multifamily Sold on 6/15/2021

$325,000

Listing provided by broker:

Navid Rokh

EQUITYPRO LLC

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Listing Courtesy of: STELLAR_MLS and EQUITYPRO LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

1404 Carlisle Drive

Casselberry, FL 32707