0 Pinebark Ave Orlando, FL 32811
Estimated payment $3,946/month
Highlights
- Very Popular Property
- Spa
- Property is near public transit
- Dr. Phillips High School Rated A-
- Clubhouse
- Tennis Courts
About This Home
One or more photo(s) has been virtually staged. 3 Orlando condos – $570K 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). 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 **
Listing Agent
EMPIRE NETWORK REALTY Brokerage Phone: 407-440-3798 License #3321526 Listed on: 10/06/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 1985
Lot Details
- East Facing Home
- 3 Lots in the community
- Additional Parcels
HOA Fees
- $399 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
- 2 Assigned Parking Spaces
Home Design
- Entry on the 2nd floor
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 980 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Blinds
- Sliding Doors
- Combination Dining and Living Room
- Storage Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
Outdoor Features
- Spa
- Balcony
- Covered Patio or Porch
Location
- Property is near public transit
Schools
- Millennia Elementary School
- Southwest Middle School
- Dr. Phillips High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 07-23-29-7069-44-010
Community Details
Overview
- Association fees include pool, escrow reserves fund, maintenance structure, ground maintenance, water
- Pine Shadows Condominiums, Inc. Association, Phone Number (407) 299-8950
- Pine Shadows Condominium Subdivision
- Association Owns Recreation Facilities
Amenities
- Clubhouse
- Community Mailbox
Recreation
- Tennis Courts
- Community Basketball Court
- Community Pool
Pet Policy
- Breed Restrictions
Security
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Price Changed | $569,000 | -0.1% | $196 / Sq Ft |
| 10/22/2025 10/22/25 | Price Changed | $569,500 | -0.1% | $196 / Sq Ft |
| 10/07/2025 10/07/25 | For Sale | $570,000 | -- | $196 / Sq Ft |
Source: Stellar MLS
MLS Number: O6350242
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