NOT LISTED FOR SALE

1404 Carlisle Dr Casselberry, FL 32707

-- Bed
-- Bath
672 Sq Ft
6,500 Sq Ft Lot

Last Sold June 15, 2021

Last sale price $325,000 $484 Per Sq Ft

20 Days on Market

Highlights

  • Pond View
  • No HOA
  • Heating System Mounted To A Wall or Window
  • Winter Springs High School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2021

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.

Last Agent to Sell the Property

Navid Rokh

EQUITYPRO LLC License #3324657 Listed on: 04/23/2021

Co-Listed By

Mike Mckernan

EQUITYPRO LLC License #3353375

Last Buyer's Agent

Mike Mckernan

EQUITYPRO LLC License #3353375

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $423

Year Built

  • Built in 1973

Lot Details

  • 6,500 Sq Ft Lot
  • Additional Parcels

Home Design

  • Steel Frame

Interior Spaces

  • 672 Sq Ft Home
  • Pond Views
  • Crawl Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units
  • A Rep Of A Pt Of Lts 1 & 2 Watts Farms Subdivision

Building Details

  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$423

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Metal Frame
  • Fireplace: No
  • Living Area: 672
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1973
  • Lot Size Sq Ft: 6500
  • Number Of Lots: 4
  • Directions to Property: Head northwest on Seminola Blvd toward Vanguard Point, Turn right onto Lake Dr Turn left onto Huntington Dr
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5939195?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5939195?w=Customer
  • Unit Count: 3
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.8127
  • Price per Sq Ft: 483.63
  • Close to Original List Price Ratio: 0.7388
  • View: No
  • Co List Office Mls Id: 261012245
  • Co List Office Phone: 407-203-6860
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Crawlspace
  • Street Number Modifier: 1404
  • Number Of Buildings: 5

Exterior Features

  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12117C0170F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RMH-8
  • Parcel Number: 10-21-30-506-0000-0180
  • Additional Parcels Description: 10-21-30-506-0000-0370
  • Additional Parcels: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2007-09-28

Rental Info

  • Total Actual Rent: 4000

Multi Family

  • Gross Income: 48000
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 423
  • Tax Block: 506
  • Tax Book Number: 15-22
  • Tax Lot: 18

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $325,000 0.0% $484 / Sq Ft
05/14/2021 05/14/21 Off Market $325,000 -- --
05/12/2021 05/12/21 Pending -- -- --
04/30/2021 04/30/21 Price Changed $399,900 -9.1% $595 / Sq Ft
04/22/2021 04/22/21 For Sale $439,900 -- $655 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Navid Rokh

    EQUITYPRO LLC

    (321) 900-5977

    1 in this area

    37 Total Sales

    Section Image
  • Mike Mckernan

    Seller Co-Listing Agent in 2021

    Mike Mckernan

    EQUITYPRO LLC

    (407) 202-3633

    2 in this area

    26 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: O5939195

Stellar MLS

Florida Seminole County Casselberry 32707

1404 Carlisle Dr, Casselberry, FL

This home is located at 1404 Carlisle Dr, Casselberry, FL 32707 since 23 April 2021. This property was built in 1973. 1404 Carlisle Dr is a home located in Seminole County with nearby schools including Sterling Park Elementary School, South Seminole Academy, and Winter Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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