FL > Orlando > Eola Rose Annex
Orlando, FL 32801,2 N SHINE AVE
Orlando, FL 32801,2 N SHINE AVE
Orlando, FL 32801,2 N SHINE AVE
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$725,000
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4 Beds
4 Baths
2,376 SqFt
New

2 N SHINE AVE Orlando, FL 32801

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Steven Hassett

Steven Hassett

+1(727) 560-6596

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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

Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by DON HARKINS REALTY LLC

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Steven Hassett

Agent | License ID: SL3449436

+1(727) 560-6596

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2 N SHINE AVE