13 Beds
13 Baths
963 SqFt
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
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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