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0 WHITE PINE AVENUE

Multi-family For Sale
$846,000

BTC: 28.20000000

ETH: 423.00000000

-$2K (2025/11/06)
57 days
8 bds
4,307 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

This listing is for a 5-unit investment package deal, 7.68% cap rate, immediate cash flow! Owner will also consider individual unit sales. Prime Orlando Locations – Exceptional Turnkey Investment Opportunity. Locations: Pine Shadows Condominium – 3 units in different buildings (Kirkman Rd & Conroy Rd area, near Universal Parks). Park Central Condominium – 2 units in different buildings (Conroy Rd & John Young Pkwy, near The Mall at Millenia). Occupancy: All 5 units currently occupied by tenants. Self-managed by owners, ensuring a smooth transition for new ownership. Financials: Monthly Rental Income: $8,665.00 | $103,980/year. TOTAL HOA Fees: Pine Shadows (all units together): $1,197/month | Belmont at Park Central (all units together): $616.71/month. TOTAL PROPERTY TAXES: $12,385.00/year (all units together). Property Details: Unit Types & Sizes: 3 units – 2 bed / 2 bath with garage, storage and balcony. 2 units – 1 bed / 1 bath with balcony Condition & Renovations: Very well-maintained units. Lease Terms: Stable tenants with a solid payment history. Investment Highlights: Close to Universal Studios, the new Epic Universe Park, Millenia Mall, major employers, and attractions. High rental demand and strong appreciation potential in the growing Orlando market. Turnkey investment — all units are occupied and generating immediate cash flow. Flexible investment strategy — owner-operated portfolio. Bulk sale preferred, but individual unit sales will be considered. Compliance Notes: Pine Shadows Condominium: SIRS (Structural Inspections Reporting System) and Milestone Inspections are not required, as buildings are 2-story and below the 3-story requirement. No Special Assessments. Belmont at Park Central Condominium: HOA has completed the required SIRS and Milestone Inspections, no Special Assessments. Additional Information: A brochure is readily available — see the attachment for Rent Roll, Rent History, Income and Expenses, NOI, Community information and HOA or contact your agent. Listing agent has ownership interest in the properties. Addresses: Pine Shadows: 4457 Pinebark Ave Unit 44-1, 4448 Pinebark Ave Unit 56-1, 4379 White Pine Ave Unit 83-2. Belmont at Park Central: 2200 Metropolitan Way Unit 926, 5016 Park Central Dr Unit 2231.

Location

Facts and features

Type:
Residential Income
Parking:
Assigned / Driveway / Garage Door Opener
Year Built:
1985
Lot:
1 Square Feet
Heating:
Central / Electric
Price/sqft:
$196
Cooling:
Central Air
HOA:
$1,814
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    • Laminate

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Split Bedroom

    • Thermostat

    • Tray Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Parking

    • Assigned

    • Driveway

    • Garage Door Opener

    Property

    • Levels: One

    • Exterior Features: Balcony / Sidewalk / Sliding Doors

    Lot

    • Lot: 1 Square Feet

    Other Property Information

    • Parcel Number: 072329707383020

    • Zoning: RES

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA: $1,814

    • HOA Frequency: Monthly

    • Annual tax amount: $12,385

  • Source details

    • MLS ID: O6350878

    Other facts

    • Construction Materials: Block / Stucco / Vinyl Siding / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Lot Features: City Lot / Level / Near Public Transit

    • Patio And Porch Features: Covered / Front Porch / Screened

    • Window Features: Blinds

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4307

    • Water Source: Public

    • Subdivision Name: PINE SHADOWS AND BELMONT PARK CENTRAL CONDOMINIUM

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EMPIRE NETWORK REALTY