0 Pinebark Avenue, Orlando, FL 32811
Local realty services provided by:ERA Advantage Realty, Inc.
Listed by: katie holz, pa
Office: empire network realty
MLS#:O6350242
Source:MFRMLS
Price summary
- Price:$568,500
- Price per sq. ft.:$568,500
- Monthly HOA dues:$399
About this home
3 Orlando condos – $568,500 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 **
Contact an agent
Home facts
- Year built:1985
- Listing ID #:O6350242
- Added:45 day(s) ago
- Updated:November 21, 2025 at 01:16 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:980 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1985
- Building area:980 sq. ft.
Schools
- High school:Dr. Phillips High
- Middle school:Southwest Middle
- Elementary school:Millennia Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$568,500
- Price per sq. ft.:$568,500
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