Renovated Assisted Living
78 S WINTER PARK Drive Casselberry, FL 32707
For Sale
$499,000
SINGLE_FAMILY - CASSELBERRY, FL
Property Size2,166 SF
Lot Size0.30 Acres
Price / SF$230.38
Days on Market74
Property Features for 78 S WINTER PARK Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- R-12.5
- Security features
- Security System
- Window features
- Blinds
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Standard status
- Active
- APN
- 16-21-30-501-0D00-0040
- Size
- 2,166 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 4 (LESS RD) A REPLAT OF A PART OF BLK D CRYSTAL BOWL ADD PB 10 PG 77
- Tax Annual Amount
- 5332
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Ductless (Heating), Central
- Cooling system
- Central Air, Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Flooring type
- Laminate
- Building materials
- Block
- Roof type
- Shingle
Listing Agency:
CREEGAN GROUP
(407) 622-1111
Listed By:
Chris Creegan · License #3168853
(407) 622-1111
Added: May 14
Changed: Jul 25
Last Checked: Jul 26 at 12:06AM
MLS# O6408053
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is a beautifully renovated, furnished 4-bedroom, 3-bath single-family home configured with a bright, open layout and a split-bedroom floor plan. It is currently operating as a licensed assisted living facility, with a tenant secured through December 2027. Recent updates include updated electrical wiring, new plumbing, and a newer roof on the west side of the home. The updated kitchen features stainless steel appliances, abundant cabinetry, pantry storage, and expansive granite countertop space. Interior finishes include laminate flooring, updated fixtures, spacious living and dining areas, and a main family room fireplace. The primary suite includes a private en-suite bath with granite vanity countertops and a double closet. An attached 2-car garage, a large screened patio, and a circular driveway with ample parking further support day-to-day functionality.
Located at 78 S Winter Park Drive in Casselberry within Seminole County, the home sits on an oversized lot of approximately 0.36 acres and is zoned R-12.5. The property is minutes from shopping, restaurants, parks, AdventHealth ER, and Oviedo Medical Center.
Located at 78 S Winter Park Drive in Casselberry within Seminole County, the home sits on an oversized lot of approximately 0.36 acres and is zoned R-12.5. The property is minutes from shopping, restaurants, parks, AdventHealth ER, and Oviedo Medical Center.
Key Highlights
- Licensed assisted living facility with tenant secured through December 2027
- Current income listed as $4,500/month
- 4‑bedroom, 3‑bath open floor plan with split‑bedroom layout and attached 2‑car garage
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.7k | $23.88 |
| − Vacancy | −$3.4k | −$1.55 |
| EGI | $48.4k | $22.33 |
| − OpEx | −$21.8k | −$10.05 |
| NOI | $26.6k | $12.28 |
2,166 SF · lease $23.88/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$380.0K
$332.5K – $443.3K
NOI $26,599 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$616.4K
$539.3K – $719.1K
NOI $43,147 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bena Assisted Living ...
Nursing Home
Similar Off Market Nearby
- Bena Assisted Living Facility — 78 S Winter Park Dr, Casselberry, FL 32707
- Central Florida Group Home — 511 S Winter Park Dr, Casselberry, FL 32707
- Garden Spring Manor — 1420 Guinevere Dr, Casselberry, FL 32707
FAQs
What type of property is this?
Assisted living facility - Renovated 4-bedroom, 3-bath home currently operated as a licensed assisted living facility with a tenant secured through December 2027.
Where is this assisted living facility located?
The property is located at 78 S WINTER PARK Drive Casselberry, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Licensed assisted living facility with tenant secured through December 2027; Current income listed as $4,500/month; 4‑bedroom, 3‑bath open floor plan with split‑bedroom layout and attached 2‑car garage
