Listing Details for MLS #O6397153
4400 White Pine Avenue Unit 70-4, Orlando, Fl

Residential Property - Condominium in Orlando

Listing Price: $172,000 (Mortgage Calculator →)Days on Market: 1

Description of 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.The average asking price for a 2 bedroom/2 bath condominium in this Zip code is $187,022. This condominium is listed at about 92% of the average asking price. There are 30 2 bedroom/2 bath homes between $100,000 and $200,000 currently listed for sale in this Zip code. See other listings like this one »