Downtown Orlando Triplex. Perfect investment opportunity, The three units feature 2 bedrooms, 1.5 baths, a first-floor open plan living space including a living room/dining room combo with kitchen and ½ bath. The sliding glass doors in the living that lead to a private back porch and courtyard with access to the separate exterior laundry room area. The good-sized bedrooms are located on the 2nd floor and share a common bathroom. At the back of the building is a large fenced-in yard. All units have recently been updated with new Kitchens, bathrooms, and flooring and freshly painted throughout. Off-street parking for 6 cars for residents. All units are currently leased with rents at $1750 per unit with room to increase rents to $2000+ per month. Very rarely do Triplexs in this condition and in this location come to market! Minutes to downtown Orlando, Lake Eola, and Delany Park. Blankner K-8 and Boone High School! Call today for more information
Sold for $900,000
$900,000
517 S Summerlin Ave, Orlando, FL 32803
6beds
6baths
3,200sqft
Triplex, Multi Family
Built in 1979
-- sqft lot
$913,200 Zestimate®
$281/sqft
$3,138 Estimated rent
Home value
$913,200
$858,000 - $977,000
$3,138/mo
Zestimate® history
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$6,378/mo
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$6,378/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Timothy W Boon, PLLC 321-246-7930,
CREEGAN GROUP 407-622-1111
Bought with:
Jenn Carlisle, 3168956
LPT REALTY, LLC
Source: Stellar MLS,MLS#: O6211363
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range, Refrigerator
- Laundry: Outside
Features
- Ceiling Fan(s), Living Room/Dining Room Combo
- Flooring: Carpet, Ceramic Tile
- Has fireplace: No
Interior area
- Total structure area: 3,516
- Total interior livable area: 3,200 sqft
Property
Parking
- Parking features: Common, Parking Pad
- Has uncovered spaces: Yes
Features
- Fencing: Fenced
Lot
- Size: 8,999 Square Feet
Details
- Parcel number: 362229190801060
- Zoning: R-2A/T/AN
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: DANIEL BROS SUB
HOA
- Has HOA: No
Location
- Region: Orlando
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $706,478
- Annual tax amount: $11,000
- Date on market: 6/4/2024
- Cumulative days on market: 83 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 5250
- Tenant pays: Electricity, Sewer, Trash Collection
- Electric utility on property: Yes
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 9/27/2024 | Sold | $900,000$281/sqft |
Source:  Stellar MLS #O6211363 Report a problem | ||
| 8/27/2024 | Pending sale | $900,000$281/sqft |
Source: Stellar MLS #O6211363 Report a problem | ||
| 6/4/2024 | Listed for sale | $900,000+44%$281/sqft |
Source: Stellar MLS #O6211363 Report a problem | ||
| 4/8/2020 | Sold | $625,000$195/sqft |
Source: Public Record Report a problem | ||
| 2/21/2020 | Pending sale | $625,000$195/sqft |
Source: KELLER WILLIAMS AT THE PARKS #O5837447 Report a problem | ||
| 1/18/2020 | Listed for sale | $625,000+2.6%$195/sqft |
Source: KELLER WILLIAMS AT THE PARKS #O5837447 Report a problem | ||
| 2/14/2019 | Listing removed | $1,325 |
Source: OLDE TOWN BROKERS INC #O5746750 Report a problem | ||
| 10/23/2018 | Listed for rent | $1,325 |
Source: Olde Town Brokers, Inc. Report a problem | ||
| 10/19/2018 | Listing removed | $609,000$190/sqft |
Source: MORGAN PROPERTY SOLUTIONS INC #O5708206 Report a problem | ||
| 9/11/2018 | Price change | $609,000-2.6%$190/sqft |
Source: MORGAN PROPERTY SOLUTIONS INC #O5708206 Report a problem | ||
| 6/28/2018 | Listed for sale | $625,000$195/sqft |
Source: MORGAN PROPERTY SOLUTIONS INC #O5708206 Report a problem | ||
| 5/21/2018 | Listing removed | $625,000$195/sqft |
Source: MORGAN PROPERTY SOLUTIONS INC #O5708206 Report a problem | ||
| 5/18/2018 | Listed for sale | $625,000$195/sqft |
Source: MORGAN PROPERTY SOLUTIONS INC #O5708206 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,841 +11.8% | $679,097 +10% |
| 2023 | $11,486 +9.5% | $617,361 +10% |
| 2022 | $10,488 +8.4% | $561,237 +10% |
| 2021 | $9,671 +28% | $510,215 +37.6% |
| 2020 | $7,558 +7.8% | $370,911 +10% |
| 2019 | $7,008 +9.4% | $337,192 +10% |
| 2018 | $6,407 | $306,538 -10.3% |
| 2017 | $6,407 +5.1% | $341,851 +4.3% |
| 2016 | $6,098 +4.9% | $327,697 +16% |
| 2015 | $5,811 +21.6% | $282,533 +17.5% |
| 2014 | $4,779 +21.9% | $240,550 +26.4% |
| 2013 | $3,920 +0.6% | $190,335 +1.3% |
| 2012 | $3,895 -0.9% | $187,903 -0.6% |
| 2011 | $3,931 -3% | $189,096 -6.1% |
| 2010 | $4,054 | $201,345 -21.1% |
| 2009 | -- | $255,153 -17.2% |
| 2008 | $5,828 -1.9% | $308,100 -6.5% |
| 2007 | $5,943 +2.9% | $329,549 +12.4% |
| 2006 | $5,774 +19.4% | $293,215 +24.1% |
| 2005 | $4,836 +14.7% | $236,219 +13.2% |
| 2004 | $4,215 +10.4% | $208,653 +11.8% |
| 2003 | $3,816 +7.9% | $186,584 +8.2% |
| 2002 | $3,536 -0.2% | $172,417 +2.7% |
| 2001 | $3,542 +14% | $167,963 +17.7% |
| 2000 | $3,107 | $142,665 |
Find assessor info on the county website
Neighborhood: Lake Cherokee
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Nearby schools
GreatSchools rating
- 9/10Blankner K-8Grades: PK-8Distance: 1.5 mi
- 6/10William R Boone High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Blankner Elem
- Middle: Blankner School (K-8)
- High: Boone 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
$913,200
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
$913,200
- Florida
- Orange County
- Orlando
- 32803
- Lake Cherokee
- 517 S Summerlin Ave
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