332 Oleander Way Casselberry, FL 32707

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.