4448 Pinebark Avenue, Unit 56-1Orlando, FL 32811Price: $1,683,000

  • Price: $1,683,000
  • Est. Mortgage of $/month
  • 22 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.67% last updated on Mar 20, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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4448 Pinebark Avenue Orlando FL 328114448 Pinebark Avenue Orlando FL 328114448 Pinebark Avenue Orlando FL 328114448 Pinebark Avenue Orlando FL 328114448 Pinebark Avenue Orlando FL 328114448 Pinebark Avenue Orlando FL 328114448 Pinebark Avenue Orlando FL 328114448 Pinebark Avenue Orlando FL 328114448 Pinebark Avenue Orlando FL 32811
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  • 13Bedrooms
  • 13Bathrooms
  • 1983Year Built
  • 963Square Feet
Turnkey 9-Unit Condo Portfolio - Prime Orlando Locations . Exceptional Investment Opportunity - Strong Cash Flow & High-Demand Locations. 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. 1. Portfolio Overview Total Units: 9 Condos Locations: 4 Units in Pine Shadows Condominium (Kirkman Rd & Conroy Rd area) 5 Units in Park Central Condominium (Near The Mall at Millenia) Occupancy: 8 units with excellent, long-term tenants, 1 unit currently vacant Self-Managed: Smooth transition for new ownership 2. Financials Gross 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 3. Property Details Unit Types & Sizes: 4 Units - 2 Bed / 2 Bath with Garage 5 Units - 1 Bed / 1 Bath Condition & Renovations: Well-maintained units, move-in ready Lease Terms: Stable tenant base with strong payment history Tenant Quality: Excellent tenants with proven reliability 4. Investment Highlights -Prime Rental Locations - 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 - Bulk sale preferred, but individual unit sales considered. Serious inquiries only. Contact for more information and property details.
Listing Courtesy of EMPIRE NETWORK REALTY

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Location Information

  • Road Frontage DescriptionAsphalt

Parking

  • Num Assigned Parking Spaces2
  • Parking Features Assigned, Driveway, Garage Door Opener

Basic Information

  • Occupant Type Tenant
  • Property SubTypeMulti-Family
  • Special Listing Conditions None
  • Total Actual Rent $15,130
  • Unit Number56-1

Property

  • MFR Building Area Total Srch Sq M89
  • ZoningRES

Interior

  • Flooring Carpet, Ceramic Tile

Utilities

  • Cooling Central Air, Humidity Control
  • Heating Central, Electric
  • Laundry Features In Kitchen, Inside, Laundry Closet
  • Sewer Public Sewer
  • Utilities Cable Available, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Water Source Public

Water Body

  • MFR Water Access YN No
  • Water ViewNo

Basic Information

  • Lease Term Twelve Months
  • List Price$1,683,000
  • MLS NumberO6280899
  • Mls Status Active
  • StatusACT

Rooms

  • Bedrooms13
  • MFR Additional Rooms Storage Rooms

Location

  • Address4448 Pinebark Avenue
  • AreaOrlando/Orlo Vista/Richmond Heights
  • CountyOrange
  • Exterior Features Balcony
  • StateFL
  • SubdivisionPine Shadows Ph 4
  • TownOrlando
  • Township 23
  • Zip32811

Property Information

  • Additional Parcels YN Yes
  • Attached Garage YN Yes
  • Building Area Total 963
  • Lot DescriptionCity Limits, Level, Near Public Transit, Paved
  • Lot Size Square Feet 1
  • MFR Living Area Meters 89
  • MFR Total Acreage Non-Applicable
  • Number Of Lots 9
  • Square Feet963

Other

  • Building Area Source Public Records
  • Date Listed03/02/2025
  • Gross Income $181,560
  • MFR Annual Expenses $69,221
  • MFR Annual Net Income $112,339
  • MFR Flood Zone Code x
  • MFR Minimum Lease 7 Months
  • Tenant Pays ["Electricity", "Gas"]
  • View Count2

Tax Information

  • Association Fee $399
  • Association Fee Frequency Monthly
  • Fees$4,788
  • MFR Association Fee Requirement Required
  • MFR Monthly HOA Amount $399
  • MFR Total Monthly Expenses $5,768
  • MFR Total Monthly Fees $399
  • Tax Year 2024

Building

  • Bathroom13
  • Construction Materials Block, Stucco
  • Foundation Details Slab
  • GarageYes
  • Garage Spaces1
  • Levels Two
  • Patio And Porch Features Covered, Front Porch, Screened
  • RoofShingle
  • Units9
  • Window Features Blinds
  • Year Built1983

Amenities

  • Appliances IncludedConvection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Association Amenities Basketball Court
  • Association YN Yes
  • Community Features Association Recreation - Owned, Buyer Approval Required, Pool, Sidewalks, Tennis Courts
  • MFR Pet Restrictions Check with HOA for pets restrictions
  • Other AmenitiesPool, Tennis
  • PetsYes
  • Security Features Smoke Detector(s)
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of March 24, 2025 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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