4448 Pinebark Avenue, ORLANDO, FL 32811
  • MLS#: O6280899 ( Residential Income )
  • Street Address: 4448 Pinebark Avenue
  • Viewed: 45
  • 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: 32
  • 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
  • mfrmls
  • 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
Appliances
  1. Convection Oven
  2. Dishwasher
  3. Disposal
  4. Dryer
  5. Electric Water Heater
  6. Microwave
  7. Refrigerator
  8. Washer
Association Amenities
  1. Basketball Court
Home Owners Association Fee
  1. 0.00
Baths Total
  1. 13
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Humidity Control
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Balcony
Flooring
  1. Carpet
  2. Ceramic Tile
Garage Spaces
  1. 1.00
Heating
  1. Central
  2. Electric
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. High Ceilings
  3. Living Room/Dining Room Combo
  4. Open Floorplan
  5. Split Bedroom
  6. Thermostat
  7. Tray Ceiling(s)
  8. Walk-In Closet(s)
Legal Description
  1. PINE SHADOWS CONDO & PK CENTRAL CONDOMINIUM BELMONT AND CHARLES TOWNE
Levels
  1. Two
Living Area
  1. 7726.00
Lot Features
  1. City Limits
  2. Level
  3. Near Public Transit
  4. Paved
Area Major
  1. 32811 - Orlando/Orlo Vista/Richmond Heights
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 07-23-29-7069-47-040
Parking Features
  1. Assigned
  2. Driveway
  3. Garage Door Opener
Pets Allowed
  1. Yes
Possession
  1. Close Of Escrow
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. Electricity
Utilities
  1. Cable Available
  2. Electricity Connected
  3. Sewer Connected
  4. Street Lights
  5. Water Connected
Views
  1. 45
Water Source
  1. Public
Year Built
  1. 1983
Zoning Code
  1. RES
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