$3,200,000

15992 W COLONIAL DRIVE, Oakland, FL 34787

  • 41 beds |
  • 75 baths |
  • 17,021 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon2.15acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $188/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

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)

Listing Status:
Active
Date Added:
March 31, 2026
Data Last Updated:
April 5, 2026 at 7:23AM
Listing Office:
REMAX SUNSTATE REALTY : 416-450-7436
Listing Agent:
Kyler Moreland : 407-496-4196
MLS ID:
O6395167
  • General: Other
  • Laundry: Other
  • A/C: OtherWall/Window Unit(s)
  • Heating: Other
  • General: OtherPrivate Mailbox
  • Roofing: OtherShingle
  • General: OtherOneCrawlspaceOther
  • Road/Access: Other
  • Originating MLS: Stellar MLS
  • County: Orange
  • Zoning: C-1N 387 FT OF W 300 FT OF NW1/4 OF NW1/4 (LESS N 75 FT IN STATE RD) OF SEC 28-22-2728-22-27-0000-00-003
  • Utilities: Other
  • Water: Well
  • Sewer: Septic Tank
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Kyler Moreland , REMAX SUNSTATE REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Oakland Avenue Charter

456 E Oakland Ave, Oakland, FL, 34760

Grades KG-5

0.27 miles away

S

Sunridge Middle School

14955 Sunridge Blvd, Winter Garden, FL, 34787

Grades 6-8

1.60 miles away

O

Orange Technical College Westside Campus

955 E Story Rd, Winter Garden, FL, 34787

Grades 9-12

3.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.