About 728 N Summerlin Avenue
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.
Features of 728 N Summerlin Avenue
| MLS® # | S5135060 |
|---|---|
| Price | $790,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,084 |
| Acres | 0.14 |
| Year Built | 1930 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Listing Details
| Office | NONA LEGACY POWERED BY LA ROSA |
|---|
Listing Map
Neighborhood Information for 728 N Summerlin Avenue
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
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Lake Highland Preparatory School Private - Preschool to 12Th Grade - Closest Elementry School |
0 Miles | |
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Lodestone Academy Private - Kindergarten to 12Th Grade |
0 Miles | |
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St James Cathedral School Catholic - Preschool to 8Th Grade - Closest Middle School |
1 Miles | |
|
Howard Middle School Public - 6Th Grade to 8Th Grade |
1 Miles | |
|
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Trinity Lutheran School Private - Preschool to 8Th Grade |
1 Miles | |
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Veritas Academy Of Central Florida Private - Kindergarten to 12Th Grade - Closest High School |
1 Miles | |
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Hillcrest Elementary School Public - Kindergarten to 5Th Grade |
1 Miles |
School data provided by GreatSchools