$1,515,000
SOLD DEC 19, 2025

231 Concord Dr Casselberry, FL 32707

24 Beds
12 Baths
1,510 Sq Ft
1.6 Acres

Recently Sold

$1,003 Per Sq Ft

50% Below List Price

89 Days on Market

Highlights

  • 1.6 Acre Lot
  • Solid Surface Countertops
  • Eat-In Kitchen
  • Lyman High School Rated A-
  • No HOA
  • 4-minute walk to Plumosa Oaks Park

About This Home

As of December 2025

Prime Income-Producing Property – 6 Duplexes + Common Area + Warehouse Exceptional investment opportunity featuring six mostly occupied duplexes, a versatile common area, and a spacious warehouse, all situated on a well-maintained parcel in a high-demand rental market. This turnkey multi-family asset offers 10 total rental units, each with private entrances, updated interiors, and separate utility meters—perfect for maximizing rental income and minimizing operational costs. There is also another 2 units under construction to be completed by buyer for a total of 12 units. The common area provides added value for tenants, ideal for shared gatherings, recreational use, or future amenity development. The warehouse (currently vacant) presents multiple revenue possibilities, including storage rental, workshop space, or small business use. Key Features:
6 Duplex Buildings (12 Units Total)
Separate meters & ample parking
Steady rental history with strong cash flow
Common Area for tenant enjoyment or value-add improvements
Warehouse with flexible use potential
Zoned for multi-family
Strong Cap Rate & Upside Potential
Whether you're a seasoned investor looking to expand your portfolio or seeking a residential asset, this property offers immediate income and long-term growth

Last Agent to Sell the Property

Nancy Bhavsar

ANNE ROGERS REALTY GROUP INC Brokerage Phone: 407-649-4141 License #3229759 Listed on: 07/04/2025

Last Buyer's Agent

George Bateman

RP INVESTMENT REALTY LLC License #3305936

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,203

Year Built

  • Built in 1959

Lot Details

  • 1.6 Acre Lot
  • Dog Run
  • Additional Parcels

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,510 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Schools

  • Altamonte Elementary School
  • Milwee Middle School
  • Lyman High School

Utilities

  • Central Heating and Cooling System
  • Thermostat

Listing and Financial Details

  • 8 to 12-Month Minimum Lease Term
  • Legal Lot and Block 3 / B
  • Assessor Parcel Number 08-21-30-511-0B00-003A

Community Details

Overview

  • No Home Owners Association
  • 13 Units
  • 2,030 Sq Ft Building
  • Fern Park Estates Subdivision

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed
  • Breed Restrictions
  • Large pets allowed

Building Details

  • Operating Expense $46,000
  • Gross Income $180,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,203

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1510
  • Lot Size Acres: 1.6
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 2030
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 69696
  • Number Of Lots: 7
  • Status: Sold
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 188.59
  • Escrow State: FL
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 1003.31
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Attribution Contact: 407-649-4141
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Tile
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 24
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Living Area Meters: 140.28

Exterior Features

  • Exterior Features: Dog Run, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Sewer,Trash,Water

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Buyer to verify restrictions
  • Pet Size: Large (61-100 Lbs.)

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Altamonte Elementary
  • High School: Lyman High
  • Middle Or Junior School: Milwee Middle

Lot Info

  • Zoning: MULTI-FAM
  • Parcel Number: 08-21-30-511-0B00-003A
  • Additional Parcels: Yes
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Size Limit
  • Total Actual Rent: 15000
  • Lease Restrictions YN: 0

Multi Family

  • Gross Income: 180000
  • Number Of Units Total: 13
  • Total Num Buildings: 6
  • Unit Count: 6

Tax Info

  • Tax Annual Amount: 17203
  • Tax Block: B
  • Tax Book Number: 11
  • Tax Lot: 3

Range of Values:

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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 List to Sale Price per Sq Ft
12/19/2025 12/19/25 Sold $1,515,000 -39.4% $1,003 / Sq Ft
10/01/2025 10/01/25 Pending -- -- --
09/14/2025 09/14/25 Price Changed $2,500,000 -9.1% $1,656 / Sq Ft
08/12/2025 08/12/25 Price Changed $2,750,000 -8.3% $1,821 / Sq Ft
07/04/2025 07/04/25 For Sale $3,000,000 -- $1,987 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6322976

Stellar MLS