4448 PINEBARK AVE Orlando, FL 32811
13 Beds
13 Baths
7,726 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,726 sqft
Price per Sqft $217
Subdivision Pine Shadows Condo & Pk Central Belmont/Charles To
MLS Listing ID O6280899
Bedrooms 13
HOA Y/N No
Originating Board Stellar MLS
Year Built 1983
Property Sub-Type Multi-Family
Property Description
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 – ORLANDO'S 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.
Location
State FL
County Orange
Community Pine Shadows Condo & Pk Central Belmont/Charles To
Zoning RES
Rooms
Other Rooms Storage Rooms
Interior
Interior Features Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air, Humidity Control
Flooring Carpet, Ceramic Tile
Fireplace false
Appliance Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Laundry In Kitchen, Inside, Laundry Closet
Exterior
Exterior Feature Balcony
Parking Features Assigned, Driveway, Garage Door Opener
Garage Spaces 1.0
Community Features Association Recreation - Owned, Pool, Sidewalks, Tennis Court(s)
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Street Lights, Water Connected
Amenities Available Basketball Court
Roof Type Shingle
Porch Covered, Front Porch, Screened
Attached Garage true
Garage true
Private Pool No
Building
Lot Description City Limits, Level, Near Public Transit, Paved
Entry Level Two
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Condominium
Acceptable Financing Cash, Conventional
Membership Fee Required Required
Listing Terms Cash, Conventional
Special Listing Condition None
