728 N SUMMERLIN AVENUE at

728 N SUMMERLIN AVENUE

For sale Days on market 76

$790,000

$379/sq ft

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Overview

Bedroom

Bath

Year Built

1930

Garage

Sqft

2084

Property Type

Single Family Residence

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.

Property Details

MLS#

S5135060

Garage

Address

728 SUMMERLIN N

City

Orlando

State/county

Zip/Postal Code

32803

Area

Park Lake

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$14,347

Maint Fee

$--

Tax Year

2024

Range

Refrigerator

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