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Sold for $740,000
  • $740,000

    1016 ALBA DRIVE, ORLANDO, FL 32804

    5beds
    3baths
    2,400sqft
    Triplex, Multi Family
    Built in 1951
    -- sqft lot
    $731,800 Zestimate®
    $308/sqft
    $1,790 Estimated rent

    Home value

    $731,800

    $629,000 - $856,000

    $1,790/mo

    Zestimate® history
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    $1,790/mo

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    $1,790/mo

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    $5,349/mo

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    What's special

    One or more photo(s) has been virtually staged. CLICK ON THE VIRTUAL TOUR LINK FOR 3D WALK-THRU!!! Welcome to 1016 Alba Dr., a fantastic triplex located in the vibrant and highly sought-after College Park neighborhood of Orlando. This unique property features two spacious 2-bedroom, 1-bathroom units, each with a bonus Florida room, and an additional 1-bedroom, 1-bathroom unit situated above the detached 2-car garage. Whether you’re an investor looking for an income-generating property or a homeowner seeking the opportunity to live in one unit and rent out the others, this triplex offers endless possibilities! Each of the 2-bedroom, 1-bathroom units is well-designed, providing comfortable living spaces filled with natural light. The Florida rooms offer a versatile bonus area perfect for a home office or relaxing lounge space. Both units come with their own garage space, making parking and storage easy and convenient. One of the 2-bedroom units is currently rented at $1,550 a month, which is below the current market rent of approximately $1,895 a month, offering room for potential rental income growth. The charming 1-bedroom, 1-bathroom unit above the garage provides privacy and coziness, ideal for an additional tenant or even as an owner’s suite. Its efficient layout and bright, welcoming feel make it a wonderful addition to this already fantastic property. Market rent for this unit is around $1400-$1500 a month. Set in the heart of College Park, 1016 Alba Dr. is just a stone's throw from Edgewater Drive, where you'll find a lively mix of boutique shopping, popular dining spots, and neighborhood events. Known for its tree-lined streets, local parks, and a close-knit community atmosphere, College Park offers a perfect balance of suburban charm and urban convenience. You’ll also enjoy quick access to downtown Orlando, UCF campus, Amway area, INTER& Co Stadium, Camping World Stadium, AdventHealth, major highways, and top-rated schools, making this an attractive location for both residents and renters alike. The endless potential here makes 1016 Alba Dr. a prime opportunity for any buyer. Live in one unit and offset your mortgage by renting the others, or lease all three units for a strong cash flow investment. With its prime location, functional layout, and potential for increased rental income, this property is a rare find in the heart of College Park. Don’t miss out on this incredible investment opportunity! Schedule your private tour of 1016 Alba Dr. today and discover all the possibilities this triplex has to offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Urbainczyk, PA 407-562-7935,

    KELLER WILLIAMS HERITAGE REALTY 407-862-9700

    Bought with:

    Tyler Sloan

    HIGHLAND PROPERTY GROUP LLC

    Source: Stellar MLS,MLS#: O6240157MLS LogoOriginating MLS: West Volusia

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Thermostat
    • Flooring: Ceramic Tile, Laminate, Vinyl, Hardwood
    • Has fireplace: Yes
    • Fireplace features: Decorative
    Interior area
    • Total interior livable area: 2,400 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Covered, Front Porch
    • Exterior features: Other
    Lot
    • Size: 7,500 Square Feet
    Details
    • Parcel number: 222229625600370
    • Zoning: R-2A/T
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: ORANGE PARK SUB
    HOA
    • Has HOA: No
    Location
    • Region: Orlando

    Financial & listing details

    • Price per square foot: $308/sqft
    • Tax assessed value: $394,006
    • Annual tax amount: $6,221
    • Date on market: 9/12/2024
    • Cumulative days on market: 20 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/1/2026Listing removed$1,850$1/sqft
    Source: Zillow Rentals Report a problem
    8/4/2026Price change$1,850-1.3%$1/sqft
    Source: Zillow Rentals Report a problem
    7/28/2026Price change$1,875-1.3%$1/sqft
    Source: Zillow Rentals Report a problem
    7/2/2026Price change$1,900-1.3%$1/sqft
    Source: Zillow Rentals Report a problem
    6/27/2026Price change$1,925-1.3%$1/sqft
    Source: Zillow Rentals Report a problem
    6/24/2026Price change$1,950-7.1%$1/sqft
    Source: Zillow Rentals Report a problem
    6/15/2026Price change$2,100-4.5%$1/sqft
    Source: Zillow Rentals Report a problem
    6/9/2026Price change$2,200-2.2%$1/sqft
    Source: Zillow Rentals Report a problem
    5/11/2026Price change$2,250-2.2%$1/sqft
    Source: Zillow Rentals Report a problem
    5/5/2026Listed for rent$2,300+21.1%$1/sqft
    Source: Zillow Rentals Report a problem
    1/19/2026Listing removed$1,900$1/sqft
    Source: Zillow Rentals Report a problem
    1/14/2026Listed for rent$1,900$1/sqft
    Source: Zillow Rentals Report a problem
    2/12/2025Listing removed$1,900$1/sqft
    Source: Zillow Rentals Report a problem
    1/7/2025Listed for rent$1,900$1/sqft
    Source: Zillow Rentals Report a problem
    12/3/2024Sold$740,000-1.3%$308/sqft
    Source: Stellar MLS #O6240157 Report a problem
    10/3/2024Pending sale$750,000$313/sqft
    Source: Stellar MLS #O6240157 Report a problem
    9/29/2024Price change$750,000-2%$313/sqft
    Source: Stellar MLS #O6240157 Report a problem
    9/24/2024Price change$764,999-2.5%$319/sqft
    Source: Stellar MLS #O6240157 Report a problem
    9/12/2024Listed for sale$785,000$327/sqft
    Source: Stellar MLS #O6240157 Report a problem
    7/11/2024Listing removed$785,000$327/sqft
    Source: Stellar MLS #O6196926 Report a problem
    6/12/2024Pending sale$785,000$327/sqft
    Source: Stellar MLS #O6196926 Report a problem
    6/7/2024Price change$785,000-7.6%$327/sqft
    Source: Stellar MLS #O6196926 Report a problem
    5/3/2024Listed for sale$850,000$354/sqft
    Source: Stellar MLS #O6196926 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,848 +10.1%$348,825 +10%
    2023$6,222 +8.7%$317,114 +10%
    2022$5,722 +6.1%$288,285 +10%
    2021$5,391 +4.2%$262,077 +10%
    2020$5,172 +3%$238,252 +10%
    2019$5,022 +18.2%$216,593 +10%
    2018$4,250 $196,903 -5.8%
    2017$4,250 +10.7%$209,094 +4.2%
    2016$3,840 +5%$200,656 +3.3%
    2015$3,657 +16.5%$194,217 +19.4%
    2014$3,141 +24.7%$162,693 +33.1%
    2013$2,520 -2.3%$122,261 -1.9%
    2012$2,579 -8.4%$124,582 -11.3%
    2010$2,815 $140,468 -25.2%
    2009-- $187,721 -18.6%
    2008$4,335 -3.5%$230,605 -8%
    2007$4,492 +0.3%$250,639 +9.5%
    2006$4,479 +15%$228,963 +19.2%
    2005$3,896 +23.9%$192,144 +22.6%
    2004$3,145 +1.8%$156,663 +2.9%
    2003$3,088 +7.8%$152,231 +8%
    2002$2,865 $140,909
    Find assessor info on the county website

    Neighborhood: College Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lake Silver Elem
    • Middle: College Park Middle
    • High: Edgewater High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $731,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $731,800