UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 2,084 sqft
Price per Sqft $379
Subdivision Park Lake
MLS Listing ID S5135060
Bedrooms 3
Full Baths 2
Construction Status Completed
HOA Y/N No
Year Built 1930
Annual Tax Amount $14,347
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
The primary residence features over 2,080 sq ft, original hardwood floors, a fireplace, updated HVAC (installed in 2023) and Roof, and a two-car garage. The triplex units each have private entrances and efficient wall unit systems.
Two powerful ways to own this property:
Investor Model: Treat it as a fully leased fourplex delivering steady income in a prime location. With over $72,000 in annual income already in place and upside potential from rents, this is a turnkey asset with long-term growth potential in one of Orlando's most desirable rental markets.
Hybrid Model: Live in the beautifully preserved main house and let the three triplex units offset your mortgage. With $3,550/month in rent covering a large share of ownership costs, you enjoy the comfort and stability of homeownership while tenants contribute directly toward your monthly expenses.
Whether you are an investor looking for strong returns or a homeowner looking for affordability in a prime neighborhood, 728 N Summerlin Ave offers both. Call today for details on the current income and growth potential.
Location
State FL
County Orange
Community Park Lake
Area 32803 - Orlando/Colonial Town
Zoning R-2A/T
Interior
Interior Features Crown Molding, Other, Split Bedroom
Heating Central, Ductless
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile, Wood
Fireplaces Type Wood Burning
Furnishings Unfurnished
Fireplace true
Appliance Range, Refrigerator
Laundry Inside, Laundry Room
Exterior
Exterior Feature Lighting, Sidewalk
Garage Spaces 2.0
Fence Fenced
Utilities Available Cable Connected, Electricity Connected
Roof Type Shingle
Attached Garage false
Garage true
Private Pool No
Building
Entry Level Two
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer None
Water Public
Structure Type Block,Cement Siding,Frame
New Construction false
Construction Status Completed
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Nearby School & Business
- 10
Independence Elementary School
Public | PK - 5
- 9
Lake Eola Charter
Public | KG - 8
- 9
Hillcrest Elementary School
Public | KG - 5
- 8
Audubon Park School
Public | PK - 8
- 8
Princeton Elementary School
Public | PK - 5
- 7
Nap Ford Community Charter
Public | PK - 5
- 7
Orange County Virtual Franchise
Public | 4 - 12
- 6
Blankner School
Public | PK - 8
- 6
Dover Shores Elementary School
Public | PK - 5
- 6
Killarney Elementary School
Public | KG - 5
- 5
Lake Silver Elementary School
Public | PK - 5
- 4
Pineloch Elementary School
Public | PK - 5
- 3
Lake Como School
Public | PK - 8
- 3
Orange Center Elementary School
Public | PK - 5
- 3
Millennia Gardens Elementary School
Public | PK - 5
- 2
Catalina Elementary School
Public | PK - 5
- 1
Cherokee
Public | PK - 6
- 1
Rock Lake Elementary School
Public | PK - 5
- 0
Village
Public | 4 - 12
- 0
Childs Place
Private | KG - KG
- 9
Orlando Science Middle High Charter
Public | 6 - 12
- 6
Glenridge Middle School
Public | 6 - 8
- 5
Howard Middle School
Public | 6 - 8
- 5
Central Florida Leadership Academy Charter
Public | 6 - 12
- 2
Memorial Middle School
Public | 6 - 8
- 2
College Park Middle School
Public | 6 - 8
- 0
Beta
Public | 6 - 12
- 0
Addictions Receiving Facility
Public | 7 - 12
- 0
Orange Virtual Instruction (Course Offerings)
Public | 6 - 12
- 0
Pace Center for Girls
Public | 6 - 12
- 0
Silver Star Center
Public | 6 - 12
- 7
Boone High School
Public | 9 - 12
- 4
Edgewater High School
Public | 9 - 12
- 2
Jones High School
Public | 9 - 12
- 1
Workforce Advantage Academy Charter
Public | 9 - 12
- 0
Orlando Tech
Public | 9 - 12
- 0
Bishop Moore Catholic High School
Private | 9 - 12
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