231 Concord, Casselberry, FL 32707
- $1,515,000
- 24
- BD
- 12
- BA
- 1,510
- SqFt
- Sold Price
- $1,515,000
- List Price
- $2,500,000
- Status
- Sold
- Days on Market
- 89
- Closing Date
- Dec 19, 2025
- MLS#
- O6322976
- Property Style
- Multi Family
- Year Built
- 1959
- Bedrooms
- 24
- Bathrooms
- 12
- Living Area
- 1,510
- Lot Size
- 69,696
- Acres
- 1.60
- Total Acreage
- 1 to less than 2
- Legal Subdivision Name
- Fern Park Estates
- MLS Area Major
- Casselberry
Property Description
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
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Additional Information
- Taxes
- $17203
- Minimum Lease
- 8-12 Months
- Annual Gross Income
- 180000
- Community Features
- Street Lights, No Deed Restriction
- Property Description
- One Story
- Zoning
- MULTI-FAM
- Interior Layout
- Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
- Interior Features
- Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
- Floor
- Ceramic Tile, Tile
- Appliances
- Dishwasher, Disposal, Range, Range Hood, Refrigerator
- Utilities
- Electricity Connected, Public, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Dog Run, Sidewalk
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Carport
- 1 Car Carport
- Elementary School
- Altamonte Elementary
- Middle School
- Milwee Middle
- High School
- Lyman High
- Pets
- Allowed
- Pet Size
- Large (61-100 Lbs.)
- Flood Zone Code
- X
- Parcel ID
- 08-21-30-511-0B00-003A
- Legal Description
- S 60 ft of N 121 Ft Lot3 BlkB Fern Park Estates PB5 PG 11, N61 Ft Of Lot 3 Blk B Fern Park Estates PB 5 Pg 11, S75 Ft of Blk B Fern Park Estates PE5 Pg 11, Lot 3 (less W130 FT + N121 FT)Blk B Fern Park Estates PB5 PG 11, E 65FT OF W 130 FT of Lot 3 (LESS N 121 FT) BLK B Fern Park Estates PB5 Pg11, W65 FT of Lot 3 (less N 121 Ft) Blk B Fern Park Estates PB 5 Pg 11
Listing courtesy of ANNE ROGERS REALTY GROUP INC. 407-649-4141
Selling Office: RP INVESTMENT REALTY LLC.Mortgage Calculator
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