4448 PINEBARK AVE #56-1 new

Orlando,FL 32811

$ 1683000

13 Beds

13 Baths

963 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 963 sqft

Price per Sqft $1,747

Subdivision Pine Shadows Ph 4

MLS Listing ID O6280899

Bedrooms 13

HOA Fees $399/mo

HOA Y/N Yes

Originating Board Stellar MLS

Annual Recurring Fee 4788.0

Year Built 1983

Property Sub-Type Multi-Family

Property Description

Turnkey 9-Unit Condo Portfolio – Prime Orlando Locations .
Exceptional Investment Opportunity – Strong Cash Flow & High-Demand Locations.
This self-managed portfolio of 9 condos offers immediate cash flow with 8 fully occupied units and 1 recently vacant, providing flexibility for an owner-occupant or new tenant placement. Located in two high-demand Orlando communities, these units are ideally positioned for long-term appreciation and rental stability.

1. Portfolio Overview
Total Units: 9 Condos
Locations:
4 Units in Pine Shadows Condominium (Kirkman Rd & Conroy Rd area)
5 Units in Park Central Condominium (Near The Mall at Millenia)
Occupancy:
8 units with excellent, long-term tenants, 1 unit currently vacant
Self-Managed: Smooth transition for new ownership

2. Financials
Gross Monthly Rental Income: $15,080
Annual Gross Income: $181,080
HOA Fees:
Pine Shadows: $1,596/month
Park Central: $1,702/month
Annual Property Taxes: ˜ $20,000
Annual Insurance Costs: ˜ $7,900

3. Property Details
Unit Types & Sizes:
4 Units – 2 Bed / 2 Bath with Garage
5 Units – 1 Bed / 1 Bath
Condition & Renovations: Well-maintained units, move-in ready
Lease Terms: Stable tenant base with strong payment history
Tenant Quality: Excellent tenants with proven reliability

4. Investment Highlights
-Prime Rental Locations – Close to Universal Studios, Millenia Mall, major employers, and attractions?-High Rental Demand & Appreciation Potential – Orlando's market continues to grow?-Turnkey Investment – Occupied units generate immediate cash flow?-Flexible Investment Strategy – Bulk sale preferred, but individual unit sales considered.

Serious inquiries only. Contact for more information and property details.

Location

State FL

County Orange

Community Pine Shadows Ph 4

Zoning RES

Rooms

Other Rooms Storage Rooms

Interior

Interior Features Ceiling Fans(s),High Ceilings,Living Room/Dining Room Combo,Open Floorplan,Split Bedroom,Thermostat,Tray Ceiling(s),Walk-In Closet(s)

Heating Central,Electric

Cooling Central Air,Humidity Control

Flooring Carpet,Ceramic Tile

Fireplace false

Appliance Convection Oven,Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Refrigerator,Washer

Laundry In Kitchen,Inside,Laundry Closet

Exterior

Exterior Feature Balcony

Parking Features Assigned,Driveway,Garage Door Opener

Garage Spaces 1.0

Community Features Association Recreation - Owned,Buyer Approval Required,Pool,Sidewalks,Tennis Courts

Utilities Available Cable Available,Electricity Connected,Sewer Connected,Street Lights,Water Connected

Amenities Available Basketball Court

Roof Type Shingle

Porch Covered,Front Porch,Screened

Attached Garage true

Garage true

Private Pool No

Building

Lot Description City Limits,Level,Near Public Transit,Paved

Entry Level Two

Foundation Slab

Lot Size Range Non-Applicable

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Monthly Total Fees $399

Acceptable Financing Cash,Conventional

Membership Fee Required Required

Listing Terms Cash,Conventional

Special Listing Condition None

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