ORLANDO, FL 32801 2 N SHINE AVENUE
$709,999
Pending



51 more



















































Presented By: DON HARKINS REALTY LLC with 321-377-0341. - 321-377-0341
Home Details
Under contract-accepting backup offers. Located on a prominent oversized corner lot at Shine Avenue and Central Boulevard, just steps from the Thornton Park arts and entertainment district, this turn-key, income-producing duplex presents an exceptional opportunity for investors seeking both immediate cash flow and long-term value in the heart of Downtown Orlando. With walkable access to Lake Eola, dining, nightlife, and major employment hubs, the location alone makes this property a high-demand asset in a market where land value continues to climb. This property has maintained nearly 100% occupancy over the past decade, a testament to both tenant satisfaction and market desirability. High renewal rates and limited turnover have been fueled by a thoughtful design not commonly found in multifamily housing. Each unit includes a private, oversized, attached garage—offering rare convenience, added storage, enhanced privacy, and security. These features command a premium in rent and contribute to tenant longevity, reducing vacancy risk and maintenance cycles for the owner. Inside, each unit feels more like a single-family home than a rental. The first floor features a dedicated foyer entry, spacious living room, separate dining area, and a full-sized kitchen with an island, recessed lighting, and updated appliances including a refrigerator, range, dishwasher, and microwave. Private rear patios and covered porches extend the living space outdoors, while the full-size interior laundry rooms are consistently cited as a tenant favorite. Upstairs, the layout is intelligently designed as a split-bedroom plan, providing quiet and privacy between the two bedrooms. The 13’ x 16’ primary bedroom enjoys ensuite access to the full bath, while the 11’ x 16’ junior suite is positioned on the opposite side of the hallway, creating a flexible setup well-suited for roommates, families, or work-from-home needs. Ample closet space and natural light make the upper level just as comfortable as it is functional. Both units have seen significant improvements over the past several years. Kitchens in both units have been fully renovated with electrical updates and new appliances. 2 N Shine underwent a complete bathroom remodel, while 4 N Shine received substantial upgrades. Additional improvements include full interior repainting, new flooring in various areas, new garage door openers, and new in-unit washers and dryers. Stabilized and cash flowing, both units are under lease—one through November 2025 and the other through March 2026—providing predictable income with no immediate turnover risk. This level of condition, location, and occupancy is nearly impossible to replicate in today’s urban core, especially with such low owner responsibilities and minimal deferred maintenance. Whether you’re a buy-and-hold investor seeking appreciation in one of Central Florida’s fastest-growing neighborhoods, or a portfolio builder looking for reliable income and low tenant churn, this downtown Orlando duplex offers a rare combination of quality, performance, and future upside.
Presented By: DON HARKINS REALTY LLC with 321-377-0341. - 321-377-0341
Interior Features for 2 N SHINE AVENUE
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringbamboo, carpet, ceramic tile, luxury vinyl
Furnished Y/Nunfurnished
Heating Y/NYes
Interior Amenitiesceiling fan(s), crown molding, eating space in kitchen, kitchen/family room combo, primarybedroom upstairs, solid surface counters, thermostat, window treatments
Laundry Featureselectric dryer hookup, inside, laundry room, washer hookup
Window Featuresdrapes, rods, window treatments
General for 2 N SHINE AVENUE
Additional Parcels Y/NNo
Additional Roomsinside utility
Appliancesdishwasher, dryer, electric water heater, microwave, range, refrigerator, washer
Attached Garage Yes
Building Area Unitssquare feet
Carport Y/NNo
Cityorlando
Community Featureslake, dog park, park, playground, sidewalks
Construction Materialsblock, wood frame
Coolingcentral air
Countyorange
Directionsfrom orange and central head east on central until you come to shine ave. home is on the corner.
Elementary Schoollake como elem
Flood Zone Codex
Flood Zone Code XY
Garage Spaces2
Garage Y/NYes
Gross Income59760
HOANo
Heatingcentral, electric
High Schooledgewater high
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptioneola rose annex e/77 lot 30
Levelstwo
Listing Termscash, conventional, fha, va loan
Living Area Unitssquare feet
Lot Size Square Feet8283
Lot Size Unitssquare feet
MLS Area32801 - orlando
Middle/Junior High Schoollake como school k-8
ModificationTimestamp2025-09-16t12:50:51.713z
New ConstructionNo
Number Of Units Total2
Occupancy Typetenant
Ok to Lease12 months
Ownershipfee simple
Patio/Porch Featuresrear porch, side porch
Pets Allowedyes
Possessionnegotiable
Property Attached Y/NNo
Property Conditioncompleted
Property Subtypeduplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statuspending
Statuspending
Subdivision Nameeola rose annex
Tax Annual Amount11053
Tax Lot30
Tax Year2024
Tenant Payselectricity, trash collection, water
Total Actual Rent4
Utilitiesbb/hs internet available, electricity connected, public, sewer connected, street lights, water - multiple meters, water connected
Viewcity, trees/woods
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Featureslake
Year Built1982
Zoningr-2a/t/hp/
Exterior for 2 N SHINE AVENUE
Building Area Total3000
Covered Spaces2
Exterior Amenitiesfenced, private mailbox, rain gutters, sidewalk, sliding doors
Foundation Detailsslab
Lot Dimensions60 x 156 x 70 x 114
Lot Featurescorner lot, historic district, city lot, landscaped, level, near public transit, oversized lot
Lot Size Acres0.19
Lot Size Area8283
Number of Buildings1
Number of Lots1
Number of Separate Electric Meters2
Number of Separate Water Meters2
Parking Featuresassigned, covered, curb parking, deeded, driveway, ground level, off street, on street, oversized, parking pad, reserved, under building
Private PoolNo
Road Frontage Typestreet paved
Road Responsibilitypublic maintained road
Road Surface Typepaved
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Edgewater High
Middle School
Lake Como School K-8 Middle School
Elementary School
Lake Como Elem
Yvette Francisco by AVY Group
Realtor®
SQFT • 2,376