728 N Summerlin Ave Orlando, FL 32803
Park Lake Highland NeighborhoodEstimated payment $5,340/month
Highlights
- Guest House
- Wood Flooring
- No HOA
- Audubon Park School Rated A-
- Great Room
- Crown Molding
About This Home
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.
Listing Agent
NONA LEGACY POWERED BY LA ROSA Brokerage Phone: 407-270-6841 License #3284287 Listed on: 09/24/2025
Co-Listing Agent
NONA LEGACY POWERED BY LA ROSA Brokerage Phone: 407-270-6841 License #3272476
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,348
Year Built
- Built in 1930
Lot Details
- 6,160 Sq Ft Lot
- East Facing Home
- Fenced
- Property is zoned R-2A/T
Parking
- 2 Car Garage
Home Design
- Bi-Level Home
- Frame Construction
- Shingle Roof
- Cement Siding
- Block Exterior
Interior Spaces
- 2,084 Sq Ft Home
- Crown Molding
- Wood Burning Fireplace
- Great Room
- Crawl Space
- Range
- Laundry Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Cable TV Available
Additional Features
- Exterior Lighting
- Guest House
Community Details
- No Home Owners Association
- Park Lake Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 270 / 02
- Assessor Parcel Number 24-22-29-6664-02-270
Map
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 | $14,348 | $831,310 | $225,000 | $606,310 |
| 2024 | $13,625 | $785,400 | $225,000 | $560,400 |
| 2023 | $13,625 | $748,604 | $225,000 | $523,604 |
| 2022 | $10,825 | $591,635 | $200,000 | $391,635 |
| 2021 | $10,175 | $546,805 | $200,000 | $346,805 |
| 2020 | $6,977 | $386,248 | $185,000 | $201,248 |
| 2019 | $7,195 | $376,916 | $172,010 | $204,906 |
| 2018 | $6,547 | $366,407 | $164,800 | $201,607 |
| 2017 | $6,246 | $363,061 | $164,800 | $198,261 |
| 2016 | $5,931 | $346,179 | $152,000 | $194,179 |
| 2015 | $5,460 | $305,844 | $128,000 | $177,844 |
| 2014 | $4,733 | $240,886 | $111,000 | $129,886 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/24/2025 09/24/25 | For Sale | $790,000 | 0.0% | $379 / Sq Ft | |
| 05/03/2025 05/03/25 | Rented | $2,500 | -7.4% | -- | |
| 03/13/2025 03/13/25 | For Rent | $2,700 | +8.0% | -- | |
| 03/17/2024 03/17/24 | Rented | $2,500 | 0.0% | -- | |
| 03/06/2024 03/06/24 | Price Changed | $2,500 | -7.4% | $1 / Sq Ft | |
| 03/05/2024 03/05/24 | For Rent | $2,700 | 0.0% | -- | |
| 02/09/2024 02/09/24 | Off Market | $2,700 | -- | -- | |
| 01/16/2024 01/16/24 | Price Changed | $2,700 | -5.3% | $1 / Sq Ft | |
| 01/03/2024 01/03/24 | For Rent | $2,850 | +16.3% | -- | |
| 06/01/2020 06/01/20 | Rented | $2,450 | 0.0% | -- | |
| 05/18/2020 05/18/20 | Price Changed | $2,450 | -7.5% | $1 / Sq Ft | |
| 04/24/2020 04/24/20 | For Rent | $2,650 | 0.0% | -- | |
| 04/20/2020 04/20/20 | Under Contract | -- | -- | -- | |
| 04/08/2020 04/08/20 | For Rent | $2,650 | 0.0% | -- | |
| 03/27/2020 03/27/20 | Sold | $700,000 | -10.7% | $198 / Sq Ft | View Prior Sale |
| 01/30/2020 01/30/20 | Pending | -- | -- | -- | |
| 01/20/2020 01/20/20 | For Sale | $784,000 | 0.0% | $222 / Sq Ft | |
| 12/23/2019 12/23/19 | Pending | -- | -- | -- | |
| 10/23/2019 10/23/19 | For Sale | $784,000 | 0.0% | $222 / Sq Ft | |
| 10/07/2019 10/07/19 | Pending | -- | -- | -- | |
| 09/05/2019 09/05/19 | Price Changed | $784,000 | -1.9% | $222 / Sq Ft | |
| 08/20/2019 08/20/19 | For Sale | $799,000 | 0.0% | $226 / Sq Ft | |
| 08/03/2019 08/03/19 | Pending | -- | -- | -- | |
| 07/29/2019 07/29/19 | For Sale | $799,000 | -- | $226 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Shimel Law Pa | |
| Warranty Deed | $700,000 | None Available | |
| Warranty Deed | $450,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $100 | -- | |
| Warranty Deed | $235,000 | Principal Title Services Llc | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $227,900 | -- | |
| Quit Claim Deed | $100 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $280,000 | New Conventional | |
| Previous Owner | $260,000 | Purchase Money Mortgage | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $216,450 | New Conventional | |
| Previous Owner | $100,000 | New Conventional |
Source: Stellar MLS
MLS Number: S5135060
APN: 24-2229-6664-02-270
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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