Investor Special — Immediate Cash Flow from Day One. Tenant-occupied 2-bedroom, 2-bathroom condominium in the Pine Shadows community, one of Orlando’s most established and amenity-rich neighborhoods. This second-floor unit generates $1,830/month ($21,960/year) with a long-term tenant in place since October 2022 on an active lease through February 2027. Near-perfect payment… Read More history across 3.5+ years of continuous occupancy. Rent has grown 35.6% since move-in, demonstrating strong demand and proven income trajectory. At list price, this property delivers an estimated 6.7% net cap rate with $11,293 in estimated net operating income. The HOA covers exterior maintenance, roof, pool, landscaping, and grounds, keeping landlord overhead minimal. Community amenities include pool, tennis courts, basketball court, racquetball courts, and clubhouse. Located minutes from I-4, Universal Studios, Millenia Mall, and major medical and employment centers. Property is in good overall condition per recent inspection with no critical repairs required. Sold as-is, tenant-occupied. 24-hour notice required for all showings. Do not contact tenant directly. All showing requests must be coordinated through listing agent. HOA buyer approval required. Ideal for 1031 exchange buyers, portfolio investors, or anyone seeking a turnkey income-producing asset in Central Florida. Read Less
Courtesy of ALL COUNTY CFL PROPERTY MGMT 407-802-2379
Listing Snapshot
Days Online
1
Last Updated
Property Type
Condominium
Beds
2
Full Baths
2
Square Ft.
932
Lot Size
0.05 Acres
Year Built
1987
MLS Number
O6397153
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Range, Refrigerator, Other equipment: Playground
Building
Built in 1987, Living area: 932, Living area units: Square Feet, Building faces East, 1 storey, Levels: One, Construction Materials: Stucco
Community
Playground, Pool, Tennis Court(s)
Cooling
Central Air
Exterior Features
Outdoor Grill, Playground, Sidewalk
Floors
Tile
Foundation
Block
Heating
Central
Home Owner's Association
Fee Includes: Insurance
Interior Features
Living Room/Dining Room Combo, Thermostat
Laundry
Laundry Closet
Lot
0.05 acres
Pets Policy
Allowed: Breed Restrictions
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 07-23-29-7077-70-040, Public Survey Range: 29, Public Survey Section: 07, Annual Amount: $2,597, Tax Block: 70, Tax Book Number: 10-72, Legal Description: PINE SHADOWS CONDO PHASE 6 CB 10/72 BLDG70 UNIT 4, Lot: 40, Year: 2025, Zoning: R-3A
Utilities
BB/HS Internet Available, Water Connected, Water Source: Public
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