15992 W COLONIAL DR, OAKLAND, FL, 34787
$3,200,000
Residential Income
Bedrooms
41
Bathrooms
75
Living Area
17,021 Sqft
Lot Size
93,655 Sqft
15992 W Colonial Dr, Oakland, FL – 32-Unit Income Producing Multifamily Opportunity Exceptional opportunity to acquire a 32-unit income-producing asset in the heart of West Orange County, ideally positioned along the high-visibility W Colonial Dr / SR-50 corridor in the Town of Oakland. Situated on approximately 2.15 acres, this unique property offers a diverse mix of duplex-style residences, mobile home/RV units, and additional rental pads, creating multiple income streams and long-term upside. Currently generating $34,860 per month in gross rental income the property delivers immediate cash flow while offering significant future value-add and redevelopment potential. Located just minutes from the Florida Turnpike interchange, Downtown Winter Garden, Clermont, and the greater Orlando employment hubs, this site sits directly in the path of West Orange’s continued expansion. The C-1 zoning and strategic frontage on SR-50 make this an especially compelling opportunity for investors seeking stable income today with the flexibility for future repositioning. Whetherd workforce housing and RV income asset, repositioned into a boutique rental community, or held for future redevelopment, opportunities with this combination of location, scale, frontage, and in-place revenue are increasingly rare. (Seller is selling 112 units in total varying in diffrent locations this is 32 of those 112)
Property Details
Property Features Property Features
MLS ID: MFRO6395167 Year Built: 1951
Construction Materials: Other Cooling: Other, Wall/Window Unit(s)
Country: US County Or Parish: Orange
Exterior Features: Other, Private Mailbox Foundation Details: Crawlspace, Other
Heating: Other Laundry Features: Other
Lease Term: 6-12 Month Levels: One
Listing Agreement: Exclusive Agency Listing Terms: Cash, Conventional, Owner Financing
Occupant Type: Tenant Property Condition: Fixer
Property Sub Type: Duplex Property Type: Residential Income
Road Surface Type: Other Roof: Other, Shingle
Sewer: Septic Tank Showing Requirements: Go Direct, Other, See Remarks
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Tenant Pays: Electricity, Gas, Water
Utilities: Other Water Source: Well
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