1016 ALBA DRIVE ORLANDO FL 32804 MLS #O6241088 | Gary Kusher | Florida Real Estate

1016 ALBA DRIVE
ORLANDO, FL, 32804
$750,000
5 Beds
3 Baths
2,979 SqFt
0.17 Acres
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Under contract-accepting backup offers. 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!

Property Details

Price:
$750,000
MLS #:
O6241088
Status:
Pending
Beds:
5
Baths:
3
Address:
1016 ALBA DRIVE
Type:
Single Family
Subtype:
1/2 Duplex
Subdivision:
ORANGE PARK SUB
Neighborhood:
32804 – Orlando/College Park
City:
ORLANDO
Listed Date:
Sep 12, 2024
State:
FL
Finished Sq Ft:
2,979
Total Sq Ft:
2,979
ZIP:
32804
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1951
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Schools

Elementary School:
Lake Silver Elem
Middle School:
College Park Middle
High School:
Edgewater High

Interior

Appliances
Dryer, Range, Range Hood, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air, Wall/ Window Unit(s)
Flooring
Ceramic Tile, Laminate, Linoleum, Hardwood
Heating
Central
Laundry Features
Laundry Room

Exterior

Construction Materials
Block, Stucco
Exterior Features
Other
Roof
Shingle

Financial

Tax Year
2023
Taxes
$6,222

Map

Community

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