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Wade M. Berlin

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Tropic Shores Realty
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1518 Pinewood Drive
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PRICED AT ONLY: $415,000

Address: 1518 Pinewood Drive, WINTER PARK, FL 32789

Description

Income producing home with a detached in law apartment in a prime central Orlando location ideal for a house hack, long term rental, or short term rental (Airbnb allowed). The main house is a two bedroom, one bath residence, while the in law apartment is a completely detached one bedroom, one bath unit with separate entrances and separate mailboxes, offering excellent privacy and flexibility. The in law apartment is currently rented for $1,350/month on a month to month lease, providing immediate income and flexibility. The main house was previously rented for $1,850/month, demonstrating strong and proven rental history. Live in one unit and rent the other, or rent both for attractive cash flow. The main home is well maintained with neutral finishes, updated flooring, modern lighting, and a functional layout filled with natural light. A spacious deck and outdoor area provide excellent separation and privacy between the main house and the in law unit. Major updates include a roof approximately 11 years old, HVAC approximately 6 years old, copper plumbing, and a septic system recently pumped and in great condition. A 4 point inspection is available upon request. Conveniently located minutes from Winter Park, College Park, Downtown Orlando, major hospitals, dining, I 4, International Drive, and Orlando International Airport. A rare opportunity offering location, flexibility, and multiple income strategies.
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  • MLS#: O6369571 ( Residential )
  • Street Address: 1518 Pinewood Drive
  • Viewed: 41
  • Price: $415,000
  • Price sqft: $309
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 1341
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 138
  • Additional Information
  • Geolocation: 28.5828 / -81.3759
  • County: ORANGE
  • City: WINTER PARK
  • Zipcode: 32789
  • Subdivision: Pinewood Sub
  • Provided by: KELLER WILLIAMS REALTY AT THE PARKS
  • Contact: Daniel Grieb
  • 407-629-4420
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Flooring: Tile
  • Living Area: 1197.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Electricity Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Refrigerator
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), Kitchen/Family Room Combo
  • Legal Description: PINEWOOD SUB N/9 LOT 5 BLK A (LESS E 115FT) & LOT 11 BLK A
  • Levels: One
  • Area Major: 32789 - Winter Park
  • Occupant Type: Tenant
  • Parcel Number: 12-22-29-7100-01-050
  • Views: 41
  • Zoning Code: R-1/T/W

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin