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  • MLS#: O6350242 ( Residential )
  • Street Address: 0 Pinebark Avenue
  • Viewed: 78
  • Price: $569,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1985
  • Bldg sqft: 1
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 1
  • Days On Market: 30
  • Additional Information
  • Geolocation: 28.4998 / -81.4579
  • County: ORANGE
  • City: ORLANDO
  • Zipcode: 32811
  • Subdivision: Pine Shadows Condominium
  • Building: Pine Shadows Condominium
  • Elementary School: Millennia Elementary
  • Middle School: Southwest Middle
  • High School: Dr. Phillips High
  • Provided by: EMPIRE NETWORK REALTY
  • Contact: Katie Holz, PA
  • 407-440-3798
  • mfrmls
  • DMCA Notice
  • Description
    One or more photo(s) has been virtually staged. 3 orlando condos $570k package deal, 7. 5% cap rate, immediate cash flow! This listing is for all 3 units, owner will also consider individual unit sales. Turnkey investment opportunity locations: * pine shadows condominium 3 units in different buildings (kirkman rd & conroy rd area, near universal parks). Occupancy: * all units currently occupied by tenants. * self managed by owners, ensuring a smooth transition for new ownership. Financials: monthly rental income: $5,680; hoa fees: $399 per unit ($14,364 annually); insurance (all 3 units): $2,993 annually; property taxes 2025 (all 3 units): $8,101 annually; net operating income (noi): $42,702 / cap rate: ~7. 5%. Property details: * unit types & sizes: 3 units 2 bed / 2 bath sturdy concrete construction with garage and storage, huge balcony! * tenant quality: excellent tenants with proven reliability investment highlights: * close to universal studios, the new epic universe park, millenia mall, major employers, and attractions. * turnkey investment occupied units generating immediate cash flow. * flexible investment strategy owner operated portfolio. * bulk sale preferred, but individual unit sales will be considered. Additional information: * a brochure is available see attachment or contact your agent addresses: * pine shadows: 4457 pinebark ave (tenant is month to month), 4448 pinebark ave (lease expires in april 2026), 4379 white pine ave (lease expires 10/19/2025). Both tenants currently on month to month leases would love to stay. Seller is open to signing new one year leases to ensure a smooth transition and peace of mind for the buyer. Fantastic community & amenities worry free living! Pine shadows has a healthy hoa financials and offers great amenities, including a swimming pool, racquetball, basketball, and tennis courts for an active lifestyle. The hoa takes care of major exterior maintenance, including roof repairs and replacements (new roof in 2022! ), ac ducts(repairs or replacement), inside wall plumbing repairs and outside pest control, ensuring a hassle free experience. Plus, a friendly on site manager keeps everything in top shape. Prime location! Conveniently located off kirkman road, just minutes from universal orlando, valencia west campus college, millenia mall, international drive, downtown orlando, i 4, and the 408. * * listing agent has ownership interest in the properties **
Features
Appliances
  1. Dishwasher
  2. Disposal
  3. Dryer
  4. Electric Water Heater
  5. Microwave
  6. Range
  7. Refrigerator
  8. Washer
Association Amenities
  1. Basketball Court
Home Owners Association Fee
  1. 399.00
Home Owners Association Fee Includes
  1. Pool
  2. Escrow Reserves Fund
  3. Maintenance Structure
  4. Maintenance Grounds
  5. Water
Association Name
  1. Pine Shadows Condominiums
  2. Inc.
Association Phone
  1. (407) 299-8950
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Balcony
  2. Sliding Doors
Flooring
  1. Carpet
  2. Ceramic Tile
  3. Laminate
Garage Spaces
  1. 1.00
Heating
  1. Central
  2. Electric
High School
  1. Dr. Phillips High
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Living Room/Dining Room Combo
  3. Split Bedroom
  4. Thermostat
  5. Walk-In Closet(s)
Legal Description
  1. PINE SHADOWS CONDO Phase 4 and Phase 5
Levels
  1. One
Living Area
  1. 980.00
Lot Features
  1. City Limits
  2. Near Public Transit
  3. Paved
Middle School
  1. Southwest Middle
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. 07-23-29-7069-44-010
Parking Features
  1. Assigned
  2. Driveway
  3. Garage Door Opener
Pets Allowed
  1. Breed Restrictions
  2. Yes
Possession
  1. Close Of Escrow
Property Type
  1. Residential
Roof
  1. Shingle
School Elementary
  1. Millennia Elementary
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Sewer Connected
  4. Water Connected
Views
  1. 78
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6350242
Water Source
  1. Public
Year Built
  1. 1985
Zoning Code
  1. RES