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$700,000
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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.
Full Property Details
Full Property Details for 2 N Shine Ave
General
- Sold For: $700,000
- Taxes: $11,053 (2024)
- Status: Closed
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: O6313933
- Added to Site: 231 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Kitchen and Family Room Combination, PrimaryBedroom Upstairs, Solid Surface Counters, Thermostat, Window Treatments
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Bamboo, Carpet, Ceramic Tile, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Exterior
- Exterior Features: Fenced, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
- Deck/Patio: Rear Porch, Side Porch
- Porch/Patio/Deck: Rear Porch, Side Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Assigned, Covered, Curb Parking, Deeded, Driveway, Ground Level, Off Street, On Street, Oversized, Parking Pad, Reserved, Under Building
Location
- Area: 32801 - Orlando
- County: Orange
- Development Name: 32801 - Orlando
- Subdivision: EOLA ROSE ANNEX
- Driving Directions: From Orange and Central Head East on Central until you come to Shine Ave. Home is on the corner.
School Information
- Elementary School: Lake Como Elem
- Middle School: Lake Como School K-8
- High School: Edgewater High
Community
- Community Name: 32801 - Orlando
- Community Features: Lake, Dog Park, Park, Playground, Sidewalks
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water - Multiple Meters, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Wood Frame
- Roof: Shingle
- Windows: Drapes, Rods, Window Treatments
- Stories/Levels: Two
- Square Feet: 2,376
- Sq. Ft. Source: Public Records
- Living Area: 2,376 Sq. Ft.
- Year Built: 1982
Lot Features
- Property View: City, Trees/Woods
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,283
- Lot Size: 8283
- Lot Dimensions: 60 x 156 x 70 x 114
- Frontage: Street Paved
- Street/Road Desc.: Paved
Water Features
- Water Front Desc.: Lake
Financial Considerations
- Tax Amount: $11,053
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: EOLA ROSE ANNEX E/77 LOT 30
- Flood Zone Info: X
- APN: 252229251600300
- Property ID: 252229251600300
Listed by Don Harkins Realty Llc
Sold by Lokation
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Schools
Schools serving 2 N Shine Ave
School District:Orange County School District
| Name | Grades | Distance |
|---|---|---|
Lake Como Elementary School 2450 East Gore Street, Orlando, FL 32806 | PK-8 | 1.1 mi |
Edgewater High School 3100 Edgewater Drive, Orlando, FL 32804 | 9-12 | 3.2 mi |
Winter Park High School 2100 Summerfield Road, Winter Park, FL 32792 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 N Shine Ave
Date
Details
Price
Change
Source
11/14/2025
Sold
$700,000
-1.41%
MLS
8/20/2025
Price Reduced
$709,999
-2.07%
MLS
5/30/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2 N Shine Avenue, Orlando, FL 32801 (MLS# O6313933) is a Duplex property that was sold at $700,000 on November 14, 2025. Want to learn more about 2 N Shine Avenue? Do you have questions about finding other Duplex real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.

