#O6277599, Drew Belani, Listing office: COMPASS FLORIDA LLC
2 N Shine Ave Orlando, FL 32801
Property details
About 2 N Shine Ave
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.
Highlights
Summary
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Flooring Type: Bamboo, Carpet, Ceramic Tile, Luxury Vinyl
- Interior: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Thermostat, Window Treatments
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Assigned, Covered, Curb Parking, Deeded, Driveway, Ground Level, Off Street, On Street, Oversized, Parking Pad, Reserved, Basement
- View: City, Trees/Woods
- Exterior: Fence, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $725,000
- Price/SqFt: $305
- HOA Amount: $0
- Annual Tax Amount: $9,669
- Tax Year: 2023
- Lot: Corner Lot, Historic, City Lot, Landscaped, Level, Near Public Transit, Oversized Lot, Paved
- Directions: From Orange and Central Head East on Central until you come to Shine Ave. Home is on the corner.
- Year Built: 1982
- Living Area: 2,376 SqFt
- Lot Size: 0.19 Acres
- MLS Number: O6313933
- MLS Name: MFRMLS
- Office Name: DON HARKINS REALTY LLC
- Listing Agent: Don Harkins, III
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 08, 2016 | Home Sold | $61,143 |
Oct 07, 2010 | Home Sold | $245,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $521,904 | $9,669 |
2022 | $420,756 | $7,123 |
2021 | $408,501 | $7,123 |
2020 | $348,353 | $7,014 |
2018 | $344,971 | $6,803 |
2017 | $340,162 | $6,775 |
History based on county public records data.
Nearby schools
9
Hillcrest Elementary School
Public Magnet PK-5
0.6 mi
•1010 E Concord St
8
Panther Lake Elementary School
Public District KG-5
1.4 mi
•445 W Amelia St
10
Hamlin Elementary School
Public District KG-5
1.5 mi
•445 W Amelia St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,747. Residents of Orlando, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 2 N Shine Ave
The listing price of 2 N Shine Ave property is $725,000.
The property 2 N Shine Ave is a multi located in Orlando, Florida, 32801.
Active Listing: 2 N Shine Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2 N Shine Ave are: Hillcrest Elementary School (GreatSchools Rating 9/10), Panther Lake Elementary School (GreatSchools Rating 8/10), Hamlin Elementary School (GreatSchools Rating 10/10), Howard Middle School (GreatSchools Rating 8/10), Lake Eola Charter (GreatSchools Rating 2/10), Lake Como School (GreatSchools Rating 6/10), Central Florida Leadership Academy Charter (GreatSchools Rating 4/10), Boone High School (GreatSchools Rating 6/10), Jones High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $9,669 (source: MLS/based on county public records data).
The last sale was on December 8, 2016 for $61,143 (source: MLS/tax record).
The property 2 N Shine Ave is 2,376 SqFt (source: MLS/tax record).
The year of construction for 2 N Shine Ave is 1982.
This home is located at 2 N Shine Ave in Orlando, FL and zip code 32801 in the Lawson / Fern Creek neighborhood. This 2,376 square foot home, which was built in 1982, sits on a 0.19 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $725,000.
While more than 103 listings in Orlando, FL in June 2025 were sold above asking price, there were more than 214 listings sold at asking price, and more than 548 were sold below. Between May and June 2025, Orlando, FL real estate market has seen increase in the number of listings by 2.3%. In June 2025, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $395,402.