2 N SHINE AVE, ORLANDO, FL, 32801
$709,999
Residential Income
Bedrooms
4
Bathrooms
4
Living Area
2,376 Sqft
Lot Size
8,283 Sqft
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
Property Features Property Features
MLS ID: MFRO6313933 Year Built: 1982
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer Community Features: Dog Park, Park, Playground, Sidewalks, Street Lights
Construction Materials: Block, Frame Cooling: Central Air
Country: US County Or Parish: Orange
Exterior Features: Fence, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors Financial Data Source: Owner
Flooring: Bamboo, Carpet, Ceramic Tile, Luxury Vinyl Foundation Details: Slab
Furnished: Unfurnished Heating: Central, Electric
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup Lease Term: Twelve Months
Levels: Two Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA, VA Loan Lot Features: Corner Lot, Historic District, City Limits, Landscaped, Level, Near Public Transit, Oversized Lot, Paved
Occupant Type: Tenant Parking Features: Assigned, Covered, Curb Parking, Deeded, Driveway, Ground Level, Off Street, On Street, Oversized, Parking Pad, Reserved, Basement
Patio And Porch Features: Rear Porch, Side Porch Pets Allowed: Yes
Possession: Negotiable Property Condition: Completed
Property Sub Type: Duplex Property Type: Residential Income
Road Responsibility: Public Maintained Road Road Surface Type: Paved
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Appointment Only, Do Not Contact Tenants, Listing Agent Must Accompany, ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Tenant Pays: Electricity, Trash Collection, Water Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected
View: City, Trees/Woods Water Source: Public
Window Features: Drapes, Rods, Window Treatments
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