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… Read More 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) Read Less
Courtesy of REMAX SUNSTATE REALTY 416-450-7436
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Beds
41
Square Ft.
17,021
Lot Size
2.15 Acres
Year Built
1951
MLS Number
O6395167
Additional Details
Building
Built in 1951, Living area: 17021, Living area units: Square Feet, Levels: One
Cooling
Wall/Window Unit(s)
Exterior Features
Private Mailbox
Foundation
Crawlspace
Income
Gross Income: $115,200
Lot
2.15 acres
Property
Fixer
Roof
Shingle
Sewer
Septic Tank
Taxes
Additional parcels description:, Parcel Number: 28-22-27-0000-00-003, Public Survey Range: 27, Public Survey Section: 28, Annual Amount: $29,405, Tax Block: 00, Tax Book Number: 28, Legal Description: N 387 FT OF W 300 FT OF NW1/4 OF NW1/4 (LESS N 75 FT IN STATE RD) OF SEC 28-22-27, Lot: 3, Year: 2025, Zoning: C-1
Tenant Pays
Electricity, Gas, Water
Utilities
Water Source: Well
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