tomo logo

$499,990

Beds
4
Baths
2.0
sq ft
1,378

1627 Triangle Ave, Orlando, FL 32806

1627 Triangle Ave

ORLANDO, FL 32806

  • 34 days on market
    • Price drop $19,010↓
This recently updated 3-bedroom, 1-bathroom home with a separate studio mother-in-law suite presents an incredible opportunity for investors and homeowners alike. Whether you're looking for a steady rental income stream or a versatile living arrangement, this property is ready to deliver. Both the main house and the studio have been meticulously maintained and are in move-in ready condition, offering a fantastic blend of comfort and potential. The main house has previously rented for up to $2,950 per month, while the studio, featuring a private entrance, has brought in up to $1,350 per month—providing the potential for an impressive total monthly income of $4,300! This setup is perfect for investors seeking strong cash flow or homeowners who want to offset their mortgage by renting out the studio. Beyond its income potential, the property offers ample storage space with a 200-square-foot cement block shed, ideal for tools, equipment, or personal belongings. The spacious yard provides additional possibilities for future enhancements, whether it be a garden, outdoor entertainment space, or even further expansion. Centrally located just a few miles from downtown Orlando, this home offers unmatched convenience. With quick access to major highways like 408 and I-4, commuting is a breeze. Enjoy the best of Orlando’s attractions, including world-famous theme parks just 30 minutes away or a relaxing beach getaway in under an hour. This property offers endless possibilities—a perfect fit for a family looking to generate additional rental income, an investor looking for a high-yield opportunity, or even a first-time homebuyer looking for affordability with the added benefit of a rental unit. Don’t miss out on this rare opportunity—schedule your showing today and unlock the full potential of this incredible home!

Details

Property type

Single Family Residence

Est. home value

$429,491

Lot size

6,293 sq ft

Price per sq ft

$363

Year built

1955

Annual property taxes

$5,783

HOA

No

Price History

03/23/2025
StellarMLS

StellarMLS #O6284018

Price change
$499,990
-3.66%
02/24/2025
StellarMLS

StellarMLS #O6284018

Listed
$519,000
+20%
02/28/2023
StellarMLS

StellarMLS #O6084459

Sold
$432,500
+140.28%

Schools & Community

Elementary school: 

Lake Como Elem

Middle school: 

Lake Como School K-8

High school: 

Boone High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$61,662
Asking price
$499,990
Closing costs (~8% of asking)
-$39,999
Est. remaining loan balance
-$398,329
Cash to seller
$61,662

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Luminate Home Loans Inc

Loan start date

February 2023

Original loan amount

$408,500

Est. remaining balance

$398,329

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Andrew Jacob Aviles Gemerx

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/31/2025 at 5:55 AM

Listing updated: 03/25/2025 at 1:23 PM

Listed by: Jonathan Cole, KELLER WILLIAMS WINTER PARK Phone #: (407) 545-6430

MLS: StellarMLS #O6284018

StellarMLS logo

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