$172,000

About this home

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.

Property details

MLS

Stellar MLS

MLS #

MFRO6397153

Property type

Condominium

Subdivision

PINE SHADOWS CONDO PH 06

Status

Active

Days on market

1

On market date

April 13, 2026

Stories

N/A

Total bathrooms

2

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.05 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.