PENDING
$19K PRICE DROP
1627 Triangle Ave Orlando, FL 32806
Lake Terrace NeighborhoodEstimated payment $3,281/month
Total Views
32,412
4
Beds
2
Baths
1,378
Sq Ft
$363
Price per Sq Ft
Highlights
- Furnished
- No HOA
- Living Room
- Boone High School Rated A
- Closet Cabinetry
- Laundry Room
About This Home
Under contract-accepting backup offers. 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!
Listing Agent
KELLER WILLIAMS WINTER PARK Brokerage Phone: 407-545-6430 License #3553753
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,783
Year Built
- Built in 1955
Lot Details
- 6,293 Sq Ft Lot
- South Facing Home
- Property is zoned R-2
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,378 Sq Ft Home
- Furnished
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Laminate
- Terrazzo
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Closet Cabinetry
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
- Private Mailbox
Schools
- Lake Como Elementary School
- Lake Como School K-8 Middle School
- Boone High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Ledford Place Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 15
- Assessor Parcel Number 06-23-30-5032-00-150
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,783 | $346,660 | $172,000 | $174,660 |
| 2024 | $1,022 | $338,290 | $172,000 | $166,290 |
| 2023 | $1,022 | $84,929 | $0 | $0 |
| 2022 | $957 | $82,455 | $0 | $0 |
| 2021 | $925 | $80,053 | $0 | $0 |
| 2020 | $873 | $78,948 | $0 | $0 |
| 2019 | $875 | $77,173 | $0 | $0 |
| 2018 | $857 | $75,734 | $0 | $0 |
| 2017 | $836 | $123,351 | $56,000 | $67,351 |
| 2016 | $823 | $108,034 | $48,000 | $60,034 |
| 2015 | $836 | $102,562 | $45,000 | $57,562 |
| 2014 | $879 | $87,010 | $45,000 | $42,010 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Pending | -- | -- | -- |
| 04/16/2025 04/16/25 | Pending | -- | -- | -- |
| 03/23/2025 03/23/25 | Price Changed | $499,990 | 0.0% | $363 / Sq Ft |
| 03/23/2025 03/23/25 | Price Changed | $499,990 | -3.7% | $363 / Sq Ft |
| 02/24/2025 02/24/25 | For Sale | $519,000 | 0.0% | $377 / Sq Ft |
| 02/24/2025 02/24/25 | For Sale | $519,000 | +20.0% | $377 / Sq Ft |
| 02/28/2023 02/28/23 | Sold | $432,500 | -1.7% | $273 / Sq Ft |
| 01/21/2023 01/21/23 | Pending | -- | -- | -- |
| 01/21/2023 01/21/23 | Price Changed | $440,000 | +3.5% | $278 / Sq Ft |
| 01/18/2023 01/18/23 | For Sale | $425,000 | -- | $268 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $432,500 | Southeast Professional Title | |
| Warranty Deed | $180,000 | Greater Florida Title Co | |
| Warranty Deed | $96,000 | Medallion Title Services Inc | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $408,500 | New Conventional | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $135,000 | Purchase Money Mortgage | |
| Previous Owner | $141,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $111,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $91,200 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Orlando, FL
Source: Stellar MLS
MLS Number: O6284018
APN: 06-2330-5032-00-150
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