510 North Summerlin Avenue

510 North Summerlin Avenue

Orlando, FL 32803

$699,000
Price
—
Beds
1,903 Sq. Ft.
$367 / Sq. Ft.
1,903
Sq. Ft.
$367
per Sq. Ft.

Description

Triplex... Fully leased triplex in the highly sought-after Lake Eola Heights historic district in fast-growing downtown Orlando. Walk to everything... Never get on 1-4. Market rate rents with A-plus tenants and extremely low maintenance. All one-bedroom/one-bathroom units with large living spaces. Too many updates to include, but 2 of the 3 units were completely redone recently. Both units boast new kitchens, ac units, and in-unit full-size laundry. The third unit on the second floor is the largest...Triplex... Fully leased triplex in the highly sought-after Lake Eola Heights historic district in fast-growing downtown Orlando. Walk to everything... Never get on 1-4. Market rate rents with A-plus tenants and extremely low maintenance. All one-bedroom/one-bathroom units with large living spaces. Too many updates to include, but 2 of the 3 units were completely redone recently. Both units boast new kitchens, ac units, and in-unit full-size laundry. The third unit on the second floor is the largest and has a beautiful second-floor screed patio space for great outdoor enjoyment. A large front porch and off-street parking on a million-dollar block! There is a waiting list when a unit EVER does open up. Don’t miss this great investment opportunity where rents are still on the rise! Contact for an appointment today, but please do not disturb the tenants.

Property Details for 510 North Summerlin Avenue

Subdivision Name
NEWKIRK SUB
Township
22
Waterfront
No

Location

Listing Courtesy of FOLIO REALTY LLC, Jasmine Horn
Add your commute
LISTING UPDATED: 03/08/2021 06:48 PM

Property Details for 510 North Summerlin Avenue

StatusActive
MLS #O5923647
Days on Market1195
Taxes$4,481 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1925
Lot Size0.12 AC / 5,015 SF
CountyOrange County

Location

Listing Courtesy of FOLIO REALTY LLC, Jasmine Horn
Add your commute

Building Information for 510 North Summerlin Avenue

Stories2Residences1Year Built1925Lot Size0.12 AC / 5,015 SF

Payment Calculator

$4,188 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

$373

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 510 North Summerlin Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2466.0
  • Building Area Units: Square Feet
  • Directions: From i4 head East on E Colonial Drive, turn right on N Summerlin Ave, house is on right past Mount Vernon Street.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: City Street
  • Unit Number: No
  • Street Number: 510
  • Street Direction Prefix: N
  • Street Name: SUMMERLIN
  • Street Suffix: AVENUE
  • State: FL
  • City: ORLANDO
Taxes and HOA Information
  • Tax Block: N/A
  • Tax Book Number: E-56
  • Tax Legal Description: NEWKIRK SUB E/56 LOT 2
  • Tax Lot: 2
  • Tax Year: 2020
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 25-22-29-5912-00-020
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2B/T/HP
  • Living Area: 1903
Property and Assessments
  • Year Built Numeric: 1925
  • Flood Zone Code: NA
  • Net Operating Income: $49,200
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 29
  • Public Survey Section: 25
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Foundation Details: Crawlspace
  • Levels: Multi/Split
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
  • Number Of Stories: 2
Interior Features
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Cooling: Mini-Split Unit(s)
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Income Type: Actual
  • Gross Scheduled Income: $49,200
Rental
Rental Information
  • Tenant Pays: Electricity, Trash Collection

Property History for 510 North Summerlin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 510 North Summerlin Avenue

Taxable ValueLand$166,500Additions$143,869Total$310,369
Tax Record2023$5,540 ($462 / month)
Home Facts
Total Finished SqFt1,903 SqFtAbove Grade Finished SqFt1,903 SqFtStories2Lot Size5,015 SqFtStyleTriplexYear Built1925Year Renovated1968ZoningR-2B/T/HPCountyORANGEAPN25-22-29-5912-00-020Fireplace TypeHas Fireplace

Schools near 510 North Summerlin Avenue

This home is within Orange.
Rating
School
Type
Grades
Distance
Lake Como Elementary School
Public - PK to 8
Cornerstone Academy Charter
Charter - K to 8
Cornerstone Charter Academy High School
Charter - 8 to 12
Edgewater High School
Public - 9 to 12
Rating
School
Distance
Lake Como Elementary School
PublicPK to 8

Cornerstone Academy Charter
CharterK to 8

Cornerstone Charter Academy High School
Charter8 to 12

Edgewater High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 510 North Summerlin Avenue, Orlando, FL 32803

510 North Summerlin Avenue is a mixed use property for sale in Orlando, FL 32803. This property was listed for sale on February 18, 2021 by FOLIO REALTY LLC, it's currently listed at $699,000. It has been on the market for a total of 1195 days and was last sold on January 19, 2018. This listing's school district is Orange. Nearby schools include Lake Como Elementary School, Cornerstone Academy Charter and Cornerstone Charter Academy High School. 510 North Summerlin Avenue is a 0-bed, 0-bath, 1,903 sqft mixed use property built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FOLIO REALTY LLC, Jasmine Horn

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 03/08/2021 06:48 PM