2 N SHINE AVENUE
ORLANDO, FL, 32801
$709,999
4 Beds
4 Baths
2,376 SqFt
0.19 Acres
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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.

Property Details

Price:
$709,999
MLS #:
O6313933
Status:
Pending
Beds:
4
Baths:
4
Type:
Multi Family
Subtype:
Duplex
Subdivision:
EOLA ROSE ANNEX
Neighborhood:
32801orlando
Listed Date:
May 30, 2025
Finished Sq Ft:
2,376
Total Sq Ft:
3,000
Lot Size:
8,283 sqft / 0.19 acres (approx)
Year Built:
1982
Units:
2
WaterfrontLakefront32801 – Orlando32801orlandoEola Rose AnnexLake Como ElemLake Como School K-8Edgewater HighPets Allowed

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Schools

Elementary School:
Lake Como Elem
Middle School:
Lake Como School K-8
High School:
Edgewater High

Interior

Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Cooling
Central Air
Flooring
Bamboo, Carpet, Ceramic Tile, Luxury Vinyl
Heating
Central, Electric
Laundry Features
Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup

Exterior

Community Features
Lake, Dog Park, Park, Playground, Sidewalks
Construction Materials
Block, Wood Frame
Exterior Features
Fenced, 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, Under Building
Roof
Shingle

Financial

Tax Year
2024
Taxes
$11,053

Map

Community

Market Summary

Current real estate data for Multi Family in ORLANDO as of Oct 02, 2025
49
Multi Family Listed
118
Avg DOM
377
Avg $ / SqFt
$917,471
Avg List Price

Property Summary

    Located in the EOLA ROSE ANNEX subdivision, 2 N SHINE AVENUE ORLANDO FL is a Multi Family for sale in ORLANDO, FL, 32801. It is listed for $709,999 To schedule a showing of MLS#o6313933 at 2 N SHINE AVENUE in ORLANDO, FL, contact your Stonecrest International Realty agent at 561-707-9933.

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2 N SHINE AVENUE
ORLANDO, FL