4400 White Pine Avenue Unit 70-4, Orlando, FL 32811
- $172,000
- 2
- BD
- 2
- BA
- 932
- SqFt
- List Price
- $172,000
- Status
- Active
- Days on Market
- 107
- MLS#
- O6397153
- Property Style
- Condo
- Year Built
- 1987
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 932
- Lot Size
- 2,088
- Acres
- 0.05
- Building Name
- 70
- Monthly Condo Fee
- 401
- Legal Subdivision Name
- Pine Shadows Condo Ph 06
- Complex/Comm Name
- Pine Shadow
- MLS Area Major
- Orlando/Orlo Vista/Richmond Heights
Property Description
Investor Special — Immediate Cash Flow from Day One. Tenant-occupied 2-bedroom, 2-bathroom condominium in the Pine Shadows community, one of Orlando’s most established and amenity-rich neighborhoods. This second-floor unit generates $1,830/month ($21,960/year) with a long-term tenant in place since October 2022 on an active lease through February 2027. Near-perfect payment history across 3.5+ years of continuous occupancy. Rent has grown 35.6% since move-in, demonstrating strong demand and proven income trajectory. At list price, this property delivers an estimated 6.7% net cap rate with $11,293 in estimated net operating income. The HOA covers exterior maintenance, roof, pool, landscaping, and grounds, keeping landlord overhead minimal. Community amenities include pool, tennis courts, basketball court, racquetball courts, and clubhouse. Located minutes from I-4, Universal Studios, Millenia Mall, and major medical and employment centers. Property is in good overall condition per recent inspection with no critical repairs required. Sold as-is, tenant-occupied. 24-hour notice required for all showings. Do not contact tenant directly. All showing requests must be coordinated through listing agent. HOA buyer approval required. Ideal for 1031 exchange buyers, portfolio investors, or anyone seeking a turnkey income-producing asset in Central Florida.
Additional Information
- Taxes
- $2597
- Minimum Lease
- 7 Months
- Maintenance Includes
- Insurance
- Condo Fees
- $401
- Condo Fees Term
- Monthly
- Community Features
- Playground, Pool, Tennis Court(s), No Deed Restriction
- Property Description
- One Story
- Zoning
- R-3A
- Interior Layout
- Living Room/Dining Room Combo, Thermostat
- Interior Features
- Living Room/Dining Room Combo, Thermostat
- Floor
- Tile
- Appliances
- Range, Refrigerator
- Utilities
- BB/HS Internet Available, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Stucco
- Exterior Features
- Outdoor Grill, Playground, Sidewalk
- Roof
- Shingle
- Foundation
- Block
- Pool
- Community
- Pets
- Allowed
- Pet Size
- Medium (36-60 Lbs.)
- Floor Number
- 2
- Flood Zone Code
- X
- Parcel ID
- 07-23-29-7077-70-040
- Legal Description
- PINE SHADOWS CONDO PHASE 6 CB 10/72 BLDG70 UNIT 4
Listing courtesy of ALL COUNTY CFL PROPERTY MGMT. 407-802-2379
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