Active

$3,200,000

Features:
  • 41 Bedrooms
  • 75 Bathrooms
  • 17021 sq ft
Overview
  • ID: MFRO6395167
  • Bedrooms: 41
  • Bathrooms: 75
  • Size: 17021 sq ft
Property Details
Remarks
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)
Financial Considerations
Price:
$3,200,000
HOA Fee:
N/A
Tax Amount:
$29405.02
Price per SqFt:
$188
Tax 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
Exterior Features
Lot Size:
93655
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
41
Bathrooms:
75
Heating:
Other
Cooling:
Other, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1951
Construction Type:
Other
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other, Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    15992 W COLONIAL DR
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