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1329 LAKE DRIVE
About This Property
Seller is offering financing with 15% down, 7% interest, and up to 7 years - an excellent opportunity for investors or business owners seeking flexible terms.
Prime 50x200 in the heart of Seminole County! This cleared and build-ready parcel offers 9,519 sq ft (.22 acres) within the Duck Pond at Casselberry development. Zoned Commercial General (CG) - not agricultural - this property is ideal for a variety of business opportunities.
The lot is high, dry (Flood Zone X), and conveniently equipped with easy utility access - Duke Energy electric available nearby. 2025 property taxes: $763.21.
Enjoy a central Casselberry location surrounded by established businesses, residential communities, and high traffic visibility. Combo lockbox on site; please use ShowingTime to schedule viewings.
Zoning: Commercial General (CG)
Lot Size: 0.22 acres / 9,519 sq ft
Utilities: Duke Energy electric nearby
Status: Cleared, dry, and ready to build!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Price Decreased |
$100,000
↓ $35K
(25.9%) | |
| Price Decreased | |||
| Apr 13, 2026 | Price Decreased |
$135,000
↓ $10K
(6.9%) | |
| Price Decreased | |||
| Mar 27, 2026 | Price Decreased |
$144,999
↓ $1
(0%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
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About Duck Pond To Casselberry
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017