UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Pine Shadows And Park Central Condominium
MLS Listing ID O6335434
Bedrooms 11
HOA Y/N No
Year Built 1983
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
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 – 5 units in different buildings (Conroy Rd & John Young Pkwy, near The Mall at Millenia).
Occupancy:
7 units currently occupied by tenants.
1 unit became vacant on 08/12/25.
Self-managed by owners, ensuring a smooth transition for new ownership.
Financials:
Monthly Rental Income: $13,020.
HOA Fees:
Pine Shadows: $1,197/month.
Park Central: $1,702/month.
Property Details:
Unit Types & Sizes:
3 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 tenants with a solid payment history — some leases nearing expiration.
Tenant Quality: Excellent tenants with proven reliability.
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 — occupied units 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.
Park Central Condominium: HOA has completed the required SIRS and Milestone Inspections.
Additional Information:
A brochure is readily available — see the attachment 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.
Park Central: 5144 City St Unit 237, 2314 Midtown Ter Unit 1126, 5017 City St Unit 1932, 2200 Metropolitan Way Unit 926, 5016 Park Central Dr Unit 2231.
Location
State FL
County Orange
Community Pine Shadows And Park Central Condominium
Area 32811 - Orlando/Orlo Vista/Richmond Heights
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, Tennis Court(s), Street Lights
Utilities Available Cable Available, Electricity Connected, Sewer Connected, 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 One
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Block,Stucco,Vinyl Siding,Frame
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
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