Ask about our Concessions! Incredible turnkey income property with industrial zoning and massive income potential! This fully renovated duplex offers two spacious 2-bedroom, 1-bath units, each with private entrances, separate utilities, and brand-new upgrades throughout — plus bonus income from backyard lot leases (rented separately). Perfect for investors, house hackers, or small business owners needing vehicle or equipment storage. Recent Renovations Include: New Roof 2022, General Electrical renovation 2025 (under warranty), and AC 2025 (under warranty), and 2025 general kitchen and bath remodel. Brand-new electrical system including full rewiring, upgraded gang meter can, outlets, and modern light fixtures (under warranty). New plumbing, stylish plumbing fixtures, and updated kitchens and bathrooms. All new stainless-steel appliances in both units. New tile bathroom renovation and tile flooring throughout for durability and low maintenance. Two new HVAC units, one for each unit (under warranty). All new light fixtures, new plumbing fixtures, and fresh interior and exterior paint for a clean, modern look. Property Layout: Unit 332: 2 Bed / 1 Bath, private carport, washer/dryer, storage room. Unit 334: 2 Bed / 1 Bath, private one-car garage, new washer/dryer, storage room. Each unit includes kitchen islands, three closets in each bedroom, and large living spaces (units have mirrored layout). Front covered patios and assigned parking for each unit with separate driveways. Lot Features: Zoned INDUSTRIAL (IND) but grandfathered as residential for a hybrid use — ideal for small business operations, commercial parking, trailers, and more. 0.42-acre lot with additional RV/boat parking income potential. Backyard currently being leased to an RV tenant at $525/month with additional yard space projected to lease at $300/month. Current Income (Fully Rented) month to month: Unit 334: $1,775/month Unit 332: $1,660/month RV Lot Lease: $525/month Additional Yard Lease: $300/month (projected for parked RV) Future studio rental: $1,000/month Total Monthly Income Potential: $5,260/month Additional Features: Separate Duke Energy meters and water meters for each unit. New washer/dryer sets included. Concrete block construction. Generous front yard, side yards, and backyard space. Easy access to Target, Home Depot, restaurants, 17-92, bus lines, and the train station. Whether you're an investor looking for a high-performing rental or an owner-occupant seeking flexibility, this duplex checks every box — including future development or zoning potential. Schedule your private showing today and request a full breakdown of current rental agreements, zoning documentation, and estimated ROI. All information provided is deemed reliable but is not guaranteed and should be independently verified by buyers and their agents. Seller and listing agent make no representations or warranties regarding the accuracy of square footage, zoning, permitted use, property condition, or financials. Buyers are advised to conduct their own due diligence during the inspection period to verify all facts that are material to their decision to purchase.
For sale
Price increase: $10K (5/21)
$495,000
332 Oleander Way, Casselberry, FL 32707
4beds
2baths
1,560sqft
Est.:
Duplex, Multi Family
Built in 1964
-- sqft lot
$487,000 Zestimate®
$317/sqft
$-- HOA
What's special
Modern light fixturesStylish plumbing fixturesPrivate carportPrivate entrancesKitchen islandsAssigned parkingNew plumbing
- 22 days
- on Zillow |
- 636 |
- 43 |
Zillow last checked: 7 hours ago
Listing updated: May 25, 2025 at 09:07am
Listing Provided by:
Veronica Read 407-914-5891,
REALTY HUB 407-900-1001
Source: Stellar MLS,MLS#: O6305911
Originating MLS: Orlando Regional

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: In Garage, Laundry Room
Features
- Ceiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Wood Cabinets
- Flooring: Ceramic Tile
- Windows: Aluminum Frames, Shades, Shutters
- Has fireplace: No
Interior area
- Total interior livable area: 1,560 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Boat, Covered, Curb Parking, Driveway, Ground Level, Guest, Off Street, On Street, Open, Oversized, RV Carport, RV Access/Parking, Under Building, Workshop in Garage
- Attached garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Patio, Porch, Rear Porch
- Exterior features: Other, Storage
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.42 Acres
Details
- Additional structures: Other, Storage, Workshop, Outbuilding
- Parcel number: 0821305110D00004A
- Zoning: I
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block, Concrete
- Foundation: Block, Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Other, Public, Sewer Available, Sewer Connected, Street Lights, Underground Utilities, Water - Multiple Meters, Water Available, Water Connected
Community & HOA
Community
- Security: Security Lights
- Subdivision: FERN PARK ESTATES
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Casselberry
Financial & listing details
- Price per square foot: $317/sqft
- Annual tax amount: $4,310
- Date on market: 5/5/2025
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Tenant pays: Electricity, Sewer, Trash Collection, Water
- Electric utility on property: Yes
- Road surface type: Asphalt
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