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$172,000
Active
4400 WHITE PINE AVENUE Unit 70-4
ORLANDO, FL 32811 — PINE SHADOWS CONDO PH 06
2 Beds
2 Baths
932 sqft
0.05 acres
Built 1987
About This Property
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
Basics
- Property Type
- Residential
- Property Subtype
- Condominium
- MLS Number
- O6397153
- Year Built
- 1987
- Levels
- One
- Floor Number
- 2
- Direction Faces
- East
- Occupant Type
- Tenant
Size & Structure
- Living Area
- 932 sqft
- Total Area
- 932 sqft
- Lot Size
- 0.05 acres
- Lot Sq Ft
- 2,088 sqft
- Bedrooms
- 2
- Full Baths
- 2
- Stories
- 1
Interior
- Flooring
- Tile
- Appliances
- Range, Refrigerator
- Interior Features
- Living Room/Dining Room Combo, Thermostat
- Laundry
- Laundry Closet
- Furnished
- Unfurnished
- A/C
- Central Air
- Heating
- Central
Exterior & Lot
- Exterior Features
- Outdoor Grill, Playground, Sidewalk
- Construction
- Stucco
- Roof
- Shingle
- Foundation
- Block
Water & Pool
Community & HOA
- HOA
- Yes
- Condo Fees
- $401/Monthly
- Community Features
- Playground, Pool, Tennis Court(s)
- Pets Allowed
- Breed Restrictions
Utilities & Systems
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available, Water Connected
- Cooling
- Central Air
- Heating
- Central
- Flood Zone
- X
Financial
- List Price
- $172,000
- Annual Taxes
- $2,597
- Tax Year
- 2025
- Special Conditions
- None