728 N Summerlin Avenue, Orlando, FL 32803

$700,000
3
BD
2
BA
2,084
SqFt

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Sold Price
$700,000
List Price
$790,000
Status
Sold
Days on Market
129
Closing Date
Mar 12, 2026
MLS#
S5135060
Property Style
Single Family
Year Built
1930
Bedrooms
3
Bathrooms
2
Living Area
2,084
Lot Size
6,160
Acres
0.14
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Park Lake
MLS Area Major
Orlando/Colonial Town

Property Description

Welcome to 728 N Summerlin Ave, a versatile multi-unit property in Park Lake Highland. This unique parcel features a 3-bedroom, 2-bath historic home, along with an attached triplex, offering four separate units. All units are leased, producing approximately $6,050 per month ($72,000 annually), with opportunity for rent growth. 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.

Additional Information

Taxes
$14347
Minimum Lease
8-12 Months
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
R-2A/T
Interior Layout
Crown Molding, Other, Split Bedroom
Interior Features
Crown Molding, Other, Split Bedroom
Floor
Tile, Wood
Appliances
Range, Refrigerator
Utilities
Cable Connected, Electricity Connected
Heating
Central, Ductless
Air Conditioning
Central Air, Wall/Window Unit(s)
Fireplace Description
Wood Burning
Exterior Construction
Block, Cement Siding, Frame
Exterior Features
Lighting, Sidewalk
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Carport
2 Car Garage
Garage Spaces
2
Fences
Fenced
Flood Zone Code
X
Parcel ID
24-22-29-6664-02-270
Legal Description
PARK LAKE SUB (DANNS) E/89 LOT 27 BLK 2

Listing courtesy of NONA LEGACY POWERED BY LA ROSA. 407-270-6841

Selling Office: NONA LEGACY POWERED BY LA ROSA.

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