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0 PINEBARK AVENUE

Multi-family Active With Contract
$568,500

BTC: 6.24725275

ETH: 284.25000000

-$2K (2025/11/06)
58 days
6 bds
2,906 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. 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 and tenant will stay). 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 **

Location

Facts and features

Type:
Residential Income
Parking:
Assigned / Covered / Driveway / Garage Door Opener / Guest
Year Built:
1985
Lot:
1 Square Feet
Heating:
Central / Electric
Price/sqft:
$196
Cooling:
Central Air
HOA:
$1,197
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    • Laminate

    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

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Parking

    • Assigned

    • Covered

    • Driveway

    • Garage Door Opener

    • Guest

    Property

    • Levels: One

    • Exterior Features: Balcony / 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: Triplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA: $1,197

    • HOA Frequency: Monthly

    • Annual tax amount: $8,101

  • Source details

    • MLS ID: O6350535

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Closet

    • Lot Features: City Lot / Near Public Transit

    • Patio And Porch Features: Covered / Porch / Screened

    • Window Features: Blinds

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2906

    • Water Source: Public

    • Subdivision Name: PINE SHADOWS 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