4448 Pinebark Avenue 56-1, ORLANDO, FL 32811
Priced at Only: $1,683,000
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- MLS#: O6280899 ( Residential Income )
- Street Address: 4448 Pinebark Avenue 56-1
- Viewed: 1
- Price: $1,683,000
- Price sqft: $1,748
- Waterfront: No
- Year Built: 1983
- Bldg sqft: 963
- Bedrooms: 13
- Total Baths: 13
- Garage / Parking Spaces: 1
- Days On Market: 2
- Additional Information
- Geolocation: 28.4983 / -81.4558
- County: ORANGE
- City: ORLANDO
- Zipcode: 32811
- Subdivision: Pine Shadows Ph 4
- Provided by: EMPIRE NETWORK REALTY
- Contact: Katie Holz, PA
- 407-440-3798
- DMCA Notice
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 Orlandos 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.
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony
- Flooring: Carpet, Ceramic Tile
- Living Area: 963.00
- Roof: Shingle
Land Information
- Lot Features: City Limits, Level, Near Public Transit, Paved
Garage and Parking
- Garage Spaces: 1.00
- Parking Features: Assigned, Driveway, Garage Door Opener
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air, Humidity Control
- Heating: Central, Electric
- Pets Allowed: Yes
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Connected, Sewer Connected, Street Lights, Water Connected
Amenities
- Association Amenities: Basketball Court
Finance and Tax Information
- Home Owners Association Fee: 399.00
- Net Operating Income: 0.00
- Tax Year: 2024
Rental Information
- Tenant Pays: Electricity, Gas
Other Features
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Association Name: Sherri Andrews, LCAM
- Association Phone: (407) 299-8950
- Country: US
- Interior Features: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
- Legal Description: PINE SHADOWS CONDO PHASE 4 CB 8/63 BLDG 56 UNIT 1
- Levels: Two
- Area Major: 32811 - Orlando/Orlo Vista/Richmond Heights
- Occupant Type: Tenant
- Parcel Number: 07-23-29-7069-56-010
- Possession: Close of Escrow
- Unit Number: 56-1
- Zoning Code: RES