2 N SHINE AVE new Save Request In-Person Tour Request Virtual Tour
Orlando,FL 32801
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,376 sqft
Price per Sqft $305
Subdivision Eola Rose Annex
MLS Listing ID O6313933
Bedrooms 4
Construction Status Completed
HOA Y/N No
Year Built 1982
Annual Tax Amount $11,053
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 60x156x70x114
Property Sub-Type Duplex
Source Stellar MLS
Property Description
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.
Location
State FL
County Orange
Community Eola Rose Annex
Area 32801 - Orlando
Zoning R-2A/T/HP/
Rooms
Other Rooms Inside Utility
Interior
Interior Features Ceiling Fans(s),Crown Molding,Eat-in Kitchen,Kitchen/Family Room Combo,PrimaryBedroom Upstairs,Solid Surface Counters,Thermostat,Window Treatments
Heating Central,Electric
Cooling Central Air
Flooring Bamboo,Carpet,Ceramic Tile,Luxury Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
Laundry Electric Dryer Hookup,Inside,Laundry Room,Washer Hookup
Exterior
Exterior Feature Fence,Private Mailbox,Rain Gutters,Sidewalk,Sliding Doors
Parking Features Assigned,Covered,Curb Parking,Deeded,Driveway,Ground Level,Off Street,On Street,Oversized,Parking Pad,Reserved,Basement
Garage Spaces 2.0
Community Features Dog Park,Park,Playground,Sidewalks,Street Lights
Utilities Available BB/HS Internet Available,Electricity Connected,Public,Sewer Connected,Water - Multiple Meters,Water Connected
View City,Trees/Woods
Roof Type Shingle
Porch Rear Porch,Side Porch
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Corner Lot,Historic District,City Limits,Landscaped,Level,Near Public Transit,Oversized Lot,Paved
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Frame
New Construction false
Construction Status Completed
Schools
Elementary Schools Lake Como Elem
Middle Schools Lake Como School K-8
High Schools Edgewater High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None
Virtual Tour https://www.zillow.com/view-imx/bc8e5347-7031-44d6-9274-9e051a644934?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard