15992 Colonial Drive, OAKLAND, FL 34787
- MLS#: O6395167 ( Residential Income )
- Street Address: 15992 Colonial Drive
- Viewed: 1
- Price: $3,200,000
- Price sqft: $188
- Waterfront: No
- Year Built: 1951
- Bldg sqft: 17021
- Bedrooms: 41
- Total Baths: 75
- Days On Market: 1
- Additional Information
- Geolocation: 28.5504 / -81.6241
- County: ORANGE
- City: OAKLAND
- Zipcode: 34787
- Subdivision: Lake Johns Motel Apts. Tr. Pk
- Provided by: REMAX SUNSTATE REALTY
- Contact: Kyler Moreland
- 416-450-7436

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Description15992 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 Oranges 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 Location and Similar Properties
Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Other, Private Mailbox
- Living Area: 17021.00
- Roof: Other, Shingle
Property Information
- Property Condition: Fixer
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Well
Utilities
- Carport Spaces: 0.00
- Cooling: Other, Wall/Window Unit(s)
- Heating: Other
- Sewer: Septic Tank
- Utilities: Other
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: 2025
Rental Information
- Tenant Pays: Electricity, Gas, Water
Other Features
- Country: US
- Interior Features: Other
- 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
- Levels: One
- Area Major: 34787 - Winter Garden/Oakland
- Occupant Type: Tenant
- Parcel Number: 28-22-27-0000-00-003
- Zoning Code: C-1
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
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