- 4 beds
- 4 baths
- 2,376 sqft
- 8,283 sqft lot
- $305 per sqft
- 1982 build
- – on site
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.
Last checked:
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Last updated May 31, 2025
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MLS# O6313933 —
The Building
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Year Built:1982
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New Construction:false
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Construction Materials:Block
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Levels:Two
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Roof:Shingle
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Foundation Details:Slab
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Window Features:Drapes
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Patio And Porch Features:Rear Porch
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# of Buildings:1
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Building Area Total:3000
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Building Area Units:Square Feet
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Building Area Source:Owner
Interior
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Interior Features:Ceiling Fan(s)
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Furnished:Unfurnished
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Flooring:Bamboo
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Additional Rooms:Inside Utility
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Fireplace:false
Room Dimensions
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Living Area:2376
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From Orange and Central Head East on Central until you come to Shine Ave. Home is on the corner.
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Latitude:28.542893
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Longitude:-81.362431
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Coordinates:-81.362431, 28.542893
The Property
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Parcel Number:252229251600300
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Property Type:Residential Income
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Property Subtype:Duplex
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Property Condition:Completed
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Property Attached:false
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Lot Features:Corner Lot
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Lot Size Acres:0.19
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Lot Size Area:8283
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Lot Size SqFt:8283
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Lot Size Dimensions:60 x 156 x 70 x 114
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:R-2A/T/HP/
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View:City
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View:true
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Exterior Features:Fenced
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Water Source:Public
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Road Responsibility:Public Maintained Road
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Road Surface Type:Paved
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Road Frontage Type:Street Paved
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Flood Zone Code:X
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Flood Zone Panel:12095C0265F
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Additional Parcels:false
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Homestead:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (321) 377-0341
- Office phone:
- (321) 377-0341
Taxes
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Tax Year:2024
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Tax Lot:30
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Tax Legal Description:EOLA ROSE ANNEX E/77 LOT 30
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Tax Book Number:E-77
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Tax Annual Amount:$11,053
Beds
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Bedrooms Total:4
Baths
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Total Baths:4
The Listing
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Virtual Tour URL Unbranded:https://www.zillow.com/view-imx/bc8e5347-7031-44d6-9274-9e051a644934?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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Virtual Tour URL Unbranded 2:https://www.zillow.com/view-imx/78ef055e-098c-4e80-ab04-94c4f3e3d287?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher
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Laundry Features:Electric Dryer Hookup
Schools
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Elementary School:Lake Como Elem
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Middle Or Junior School:Lake Como School K-8
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High School:Edgewater High
The Community
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Subdivision Name:EOLA ROSE ANNEX
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Senior Community:false
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Community Features:Lake
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Waterview:false
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Water Access:false
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Waterfront:false
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Waterfront Features:Lake
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Pool Private:false
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Pets Allowed:Yes
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Association:false
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Ownership:Fee Simple
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Garage Dimensions:11x23
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Carport:false
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Covered Spaces:2
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Open Parking:true
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Parking Features:Assigned
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/30/25
May 30, 2025
|
Listed / Active | STELLAR_MLS | $725,000 | 195.9% (13.4% / YR) |
9/30/10
Sep 30, 2010
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STELLAR_MLS | $245,000 | ||
9/30/10
Sep 30, 2010
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STELLAR_MLS | $245,000 |