$725,000

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… Read More 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. Read Less

Courtesy of DON HARKINS REALTY LLC 321-377-0341

Listing Snapshot

Days Online

Last Updated

Jun 3, 2025

Property Type

Duplex

Beds

Square Ft.

2,376

Lot Size

0.19 Acres

Year Built

1982

MLS Number

O6313933

30 Days Snapshot Of 32801

$694k

+79%

(avg) sold price

-19%

homes sold

-28%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Living Area Meters: 220.74, Total Number of Buildings: 1, Unit Count: 2, Building Area Total: 3000, Building Area Units: Square Feet, Construction Materials: "Block", "Frame", Levels: "Two", Living Area: 2376, Number Of Units Total: 2, Year Built: 1982

Expenses

Total Monthly Expenses: $1,200, Annual Expenses: $11,053

Garage

Garage Dimensions: 11x23, Attached Garage Yn: t, Garage Spaces: 2

Income

Est Annual Market Income: $62,400, Gross Income: 59760

Lot

Lot Size Square Meters: 770, Total Acreage: 0 to less than 1/4, Features: "Corner Lot", "Historic District", "City Limits", "Landscaped", "Level", "Near Public Transit", "Oversized Lot", "Paved", 0.19 acres, 8283 square feet, Dimensions: 60x156x70x114, Number Of Lots: 1, View: "City", "Trees/Woods"

Property Access

Road Surface: "Paved", Road Responsibility: "Public Maintained Road"

Appliances & Equipment

Appliances: "Dishwasher", "Dryer", "Electric Water Heater", "Microwave", "Range", "Refrigerator", "Washer"

Community

Community Features: "Dog Park", "Park", "Playground", "Sidewalks", "Street Lights"

Cooling

Cooling: "Central Air"

Exterior Features

Exterior Features: "Fence", "Private Mailbox", "Rain Gutters", "Sidewalk", "Sliding Doors"

Floors

Flooring: "Bamboo", "Carpet", "Ceramic Tile", "Luxury Vinyl"

Foundation

Foundation Details: "Slab"

Heating

Heating: "Central", "Electric"

Interior Features

Furnished: Unfurnished, Interior Features: "Ceiling Fans(s)", "Crown Molding", "Eat-in Kitchen", "Kitchen/Family Room Combo", "PrimaryBedroom Upstairs", "Solid Surface Counters", "Thermostat", "Window Treatments"

Laundry

Laundry Features: "Electric Dryer Hookup", "Inside", "Laundry Room", "Washer Hookup"

Parking

Parking Features: "Assigned", "Covered", "Curb Parking", "Deeded", "Driveway", "Ground Level", "Off Street", "On Street", "Oversized", "Parking Pad", "Reserved", "Basement"

Pets Policy

Pets Allowed: "Yes"

Property

Patio and Porch Features: "Rear Porch", "Side Porch", Property Condition: "Completed", Zoning: R-2A/T/HP/

Roof

Roof: "Shingle"

Sewer

Sewer: "Public Sewer"

Utilities

Utilities: "BB/HS Internet Available", "Electricity Connected", "Public", "Sewer Connected", "Water - Multiple Meters", "Water Connected", Water Source: "Public"

Windows

Window Features: "Drapes", "Rods", "Window Treatments"

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

Source: Home Junction

2 N SHINE AVENUE

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send

Subscribe to our Newsletter.

About

Let's Work

Services