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$700,000
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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.
Full Property Details
Full Property Details for 728 N Summerlin Ave
General
- Sold For: $700,000
- Taxes: $14,347 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: S5135060
- Added to Site: 192 day(s) ago
Rental Information
- Min. Lease: 8-12 Months
Interior
- Number of Rooms: 5
- Interior Features: Crown Molding, Other, Split Bedroom
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: Lighting, Sidewalk
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 32803 - Orlando/Colonial Town
- County: Orange
- Development Name: 32803 - Orlando/Colonial Town
- Subdivision: PARK LAKE
- Driving Directions: From W Colonial, turn onto Summerlin.
- Direction Faces: East
Community
- Community Name: 32803 - Orlando/Colonial Town
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central, Wall Units / Window Unit
Utilities
- Sewer: None
- Water: Public
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- Exterior Const.: Block, Cement Siding, Wood Frame (FSC Certified)
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 2,084
- Sq. Ft. Source: Public Records
- Living Area: 2,084 Sq. Ft.
- Year Built: 1930
Additional Structures
- Other Structures: Guest House
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,160
- Lot Size: 6160
- Street/Road Desc.: Paved
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $14,347.91
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PARK LAKE SUB (DANNS) E/89 LOT 27 BLK 2
- Flood Zone Info: X
- APN: 242229666402270
- Property ID: 242229666402270
- Block/Lot/Section: 2
Listed and Sold by Nona Legacy Powered By La Rosa
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Schools
Schools serving 728 N Summerlin Ave
School District:Orange County School District
| Name | Grades | Distance |
|---|---|---|
Audubon Park School 1500 Falcon Drive, Orlando, FL 32803 | PK-8 | 1.6 mi |
Edgewater High School 3100 Edgewater Drive, Orlando, FL 32804 | 9-12 | 2.4 mi |
Winter Park High School 2100 Summerfield Road, Winter Park, FL 32792 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 728 N Summerlin Ave
Date
Details
Price
Change
Source
3/12/2026
Sold
$700,000
-11.39%
MLS
9/24/2025
Listed
$790,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
728 N Summerlin Avenue, Orlando, FL 32803 (MLS# S5135060) is a Single Family property that was sold at $700,000 on March 12, 2026. Want to learn more about 728 N Summerlin Avenue? Do you have questions about finding other Single Family real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.

