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332 Oleander Way

Casselberry, FL 32707

– beds
– baths
1,560 sqft
~1/2 acre lot
$317 per sqft
1964 build
– on site

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 (in process) Additional Yard Lease: $300/month (projected) Total Monthly Income Potential: $4,260/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.

Listing courtesy of STELLAR_MLS / REALTY HUB

Last checked: Checking… • Last updated May 5, 2025 •

MLS# O6305911 —

The Building

Year Built:

1964
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Block
Window Features:

Aluminum Frames
Patio And Porch Features:

Front Porch
Security Features:

Security Lights
# of Buildings:

1
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Ceramic Tile
Fireplace:

false

Room Dimensions

Living Area:

1560
Living Area Units:

Square Feet
Living Area Source:

Appraiser

Location

Directions:

North on 436 the right on Anchor and right on Oleander
Latitude:

28.673127
Longitude:

-81.343309
Coordinates:

-81.343309, 28.673127

The Property

Parcel Number:

0821305110D00004A
Property Type:

Residential Income
Property Subtype:

Duplex
Lot Size Acres:

0.42
Lot Size Area:

18253
Lot Size SqFt:

18253
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

I
View:

Trees/Woods
View:

true
Exterior Features:

Outbuilding
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12117C0165F
Additional Parcels:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

4
Tax Block:

D
Tax Legal Description:

E 100 FT OF W 200 FT OF LOT 4 BLK D FERN PARK ESTATES PB 5 PG 11
Tax Book Number:

5-11
Tax Annual Amount:

$4,310

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Built-In Oven
Laundry Features:

In Garage

The Community

Subdivision Name:

FERN PARK ESTATES
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Cats OK
Pet Restrictions:

No pet restrictions
# of Pets:

10+
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

1
Carport:

true
Carport Spaces:

1
Covered Spaces:

2
Open Parking:

true
Parking Features:

Assigned

Extra Units

Other Structures:

Other
# of Units Total:

2

Explore the Area

My Commute

From

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Soundscore™

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Sale history

Date	Event	Source	Price	% Change
5/4/25 May 4, 2025	Listed / Active	STELLAR_MLS	$495,000	23.8%
3/11/25 Mar 11, 2025	Listed / Active	STELLAR_MLS
1/25/25 Jan 25, 2025		STELLAR_MLS	$400,000	-11.1%

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This multifamily located in Casselberry, FL 32707 is currently for sale for $495,000. 332 Oleander Way is a 1,560 square foot multifamily with – beds and – baths that has been on Estately for 1 days. This multifamily is in the attendance area of Lyman High School and Milwee Middle School.

Listing Courtesy of: STELLAR_MLS and REALTY HUB.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.