2806 SHINING WILLOW TERRACE, Orlando, FL, 32808
About This Home
Excellent investment opportunity! This beautifully maintained 2-bedroom, 2-bathroom condo features a spacious covered balcony, ceramic tile flooring throughout with no carpet, and a modern kitchen with a granite peninsula that opens to the living and dining areas, creating a functional and inviting layout. The property is tenant-occupied and currently leased for $1,365 per month, with the lease recently renewed for an additional one-year term, providing immediate and stable rental income from day one. This is a true turnkey investment with reliable cash flow and an estimated annual return of approximately 10%. Whether you're looking to expand your investment portfolio or acquire a low-maintenance income-producing property, this is an outstanding opportunity. Don't miss your chance to own a property with guaranteed rental income and excellent return potential!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1984
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Cement Siding,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Water Heater,Range,Refrigerator
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Living Room/Dining Room Combo,Open Floorplan
- Door features: Sliding Doors
- Flooring: Ceramic Tile
Great Room
- Level: First
- Area: 288
- Dimensions: 18x16
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 1,040
- Total interior livable area: 868 sqft
Kitchen
- Level: First
- Area: 80
- Dimensions: 10x8
Primary Bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 180
- Dimensions: 15x12
Property
Details
- Parcel number: 182229862301250
- Zoning: R-3A/W
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
Lot
- Lot size: 1,951 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Cold Wave
- Hurricane
- Tornado
- Hail
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $606 | $7,272 |
| Home Insurance * | $99 | $1,188 |
| Property Taxes | $209 | $2,508 |
| Electricity | $197 | $2,366 |
| Total | $1,111 | $13,332 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-10 | Listed for sale | $120,000 |
| 2018-11-05 | Sold | $56,300 |
| 2018-08-23 | Price change | $69,000 |
| 2018-05-23 | Price change | $75,000 |
| 2018-03-27 | Listed for sale | $79,000 |
| 2018-03-27 | Pending sale | $79,000 |
| 2018-02-02 | Listed for sale | $79,000 |
| 2015-03-12 | Sold | $42,000 |
View on Zillow