4448 Pinebark Avenue, ORLANDO, FL 32811
Priced at Only: $1,683,000
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- MLS#: O6280899 ( Residential Income )
- Street Address: 4448 Pinebark Avenue
- Viewed: 42
- Price: $1,683,000
- Price sqft: $218
- Waterfront: No
- Year Built: 1983
- Bldg sqft: 7726
- Bedrooms: 13
- Total Baths: 13
- Garage / Parking Spaces: 1
- Days On Market: 30
- Additional Information
- Geolocation: 28.4983 / -81.4558
- County: ORANGE
- City: ORLANDO
- Zipcode: 32811
- Subdivision: Pine Shadows Condo Pk Central
- Provided by: EMPIRE NETWORK REALTY
- Contact: Katie Holz, PA
- 407-440-3798
- DMCA Notice
Description
This listing is for a 9 units real estate investment package! Prime orlando locations exceptional turnkey investment opportunity strong cash flow & high demand locations. Locations: 4 units in pine shadows condominium (kirkman rd & conroy rd area, near universal parks) and 5 units in park central condominium (conroy and john young pkwy, near the mall at millenia). 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. Occupancy: 8 units with excellent, long term tenants, 1 unit currently vacant
self managed by the owners, smooth transition for new ownership. Financials: 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 |
property details unit types & sizes: 4 units 2 bed / 2 bath with garage | 5 units 1 bed / 1 bath |
condition & renovations: very well maintained units, move in ready |
lease terms: stable tenant base with strong payment history |
tenant quality: excellent tenants with proven reliability |
investment highlights: 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, owner operated. Bulk sale preferred, but individual unit sales can be considered. Serious inquiries only. Contact for more information and property details. **please note that sirs (structural inspections reporting system) and milestone inspections are not required for the pine shadows condominium, as it is under the 3 story and above requirement. Pine shadows building are 2 story. **for the park central condominium, the hoa has completed the required sirs and milestone inspections. A brochure is readily available. Please see the attachment or contact your agent.
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony
- Flooring: Carpet, Ceramic Tile
- Living Area: 7726.00
- Roof: Shingle
Land Information
- Lot Features: City Limits, Level, Near Public Transit, Paved
Garage and Parking
- Garage Spaces: 1.00
- Open Parking Spaces: 0.00
- 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: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Rental Information
- Tenant Pays: Electricity
Other Features
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- 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 & PK CENTRAL CONDOMINIUM BELMONT AND CHARLES TOWNE
- Levels: Two
- Area Major: 32811 - Orlando/Orlo Vista/Richmond Heights
- Occupant Type: Tenant
- Parcel Number: 07-23-29-7069-47-040
- Possession: Close Of Escrow
- Views: 42
- Zoning Code: RES