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INVESTOR ALERT – TENANT IN PLACE!
Turnkey investment opportunity with immediate rental income! This rare Manor-style, Sturdy Concrete Construction, One-level condo is already rented at $2, 100/month with an excellent tenant in place. Lease expires in 07/25/2025.
This rare gem in Pine Shadows is well-maintained and super clean. Enjoy ultimate privacy with no neighbors above or below and a private fenced patio area. The unit has been freshly painted, features new carpet in bedrooms, new bathroom vanity, new garage door motor and sensors, brand-new water heater. AC replaced in 2022.
WHAT MAKES THIS PROPERTY STAND OUT?
* Private 1-car garage + extra storage inside the garage.
* Private driveway for additional parking convenience.
* Manor-style, one-level condo = No neighbors above or below – enjoy quiet and privacy.
* Large sliding door opens to a private fenced patio.
* Solid concrete block construction – unlike other phases built with wood - superior insulation, durability & soundproofing.
* Spacious 2-bed, 2-bath layout with a well-designed floor plan.
* Green area in front of the unit.
FANTASTIC COMMUNITY & AMENITIES – WORRY-FREE LIVING! Pine Shadows offers great amenities, including a swimming pool, racquetball, basketball, and tennis courts for an active lifestyle. The HOA takes care of major exterior maintenance, including roof repairs and replacements (new roof in 2022!), AC ducts(repairs or replacement), inside wall plumbing repairs and outside pest control, ensuring a hassle-free experience. Plus, a friendly on-site manager keeps everything in top shape.
PRIME LOCATION! Conveniently located off Kirkman Road, just minutes from Universal Orlando, Valencia West Campus College, Millenia Mall, International Drive, Downtown Orlando, I-4, and the 408. This area has great rental demand and solid returns.
A RARE FIND—DON’T MISS OUT! SCHEDULE YOUR SHOWING TODAY!
*MORE UNITS AVAILABLE! The owner has 3 additional condos for sale in Pine Shadows, all with block construction, private garages, and 2 with excellent tenants in place. A perfect opportunity for investors looking for stable, income-producing properties in a well-maintained community.
**Please note that SIRS (Structural Inspections Reporting System) and Milestone Inspections are not required for this property, as it is under the 3-story and above requirement. Pine Shadows Building are 2-story.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $175,200 | $175,200 | $175,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.132% |
Monthly Tax Payment | $139 | $139 | $139 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,093 | $1,151 | $1,467 |
Total Monthly Payment | $1,307 | $1,365 | $1,681 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.