tomo logo

$975,000

Beds
3
Baths
2.0
sq ft
2,084

728 N Summerlin Ave, Orlando, FL 32803

728 N Summerlin Ave

ORLANDO, FL 32803

  • 45 days on market
    • Price drop $74,000↓
In the heart of Downtown Orlando, nestled within the charming Park Lake Highland neighborhood, there stood a historic single-family home, rich with stories of the past. This beautiful 2080 SQFT, 3-bedroom, 2-bathroom home is more than just a residence; it is an opportunity waiting to be seized. Beside it, a quaint triplex stood proudly, offering three separate units, each with its own unique charm. The triplex is not attached to the main house, providing privacy and tranquility for its residents. Two private garage spaces completed the picture, adding convenience and value to this remarkable property. The single-family home is currently vacant, its doors open to new possibilities. Whether it is to become a cozy home for a new family or a lucrative rental property, the choice is yours. Meanwhile, the triplex is bustling with life. This property is more than just a home; it is a strategic investment. Situated in a prime location, it is just a minute away from Lake Highland Prep and offered easy access to major routes like I-4, Colonial, 408, and Orange Ave. A quick five-minute drive would take you to the vibrant community of College Park. The possibilities are endless. You could choose to rent out the entire property, reaping the benefits of a steady income stream. Alternatively, you could live in the charming front house, allowing the rent from the triplex to cover your mortgage and expenses. The location is unbeatable, and the opportunity is unique. This is a chance not to be missed. The story of this property is waiting for its next chapter, and it could be yours to write. Call today for further details and step into a world of possibilities.

Details

Property type

Single Family Residence

Est. home value

$932,128

Lot size

6,160 sq ft

Price per sq ft

$468

Year built

1930

Annual property taxes

$14,347.91

HOA

No

Price History

03/13/2025
StellarMLS

StellarMLS #O6280567

Price change
$975,000
-7.05%
02/13/2025
StellarMLS

StellarMLS #O6280567

Listed
$1,049,000
+13.41%
03/17/2024
StellarMLS

StellarMLS #O6162671

Removed
$925,000

Schools & Community

Neighborhood: 

Park Lake-Highland

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Freedom Mortgage Corp

Loan start date

March 2020

Original loan amount

$280,000

Est. remaining balance

Not provided

Interest rate

3.45%

Loan type

New Conventional

Seller

Mark Even

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 6:05 AM

Listing updated: 03/12/2025 at 9:51 PM

Listed by: Matthew McKee, COMPASS FLORIDA LLC Phone #: (407) 203-9441

MLS: StellarMLS #O6280567

StellarMLS logo

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