Active

$549,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 1964 sq ft
Overview
  • ID: MFRO6427602
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 1964 sq ft
Property Details
Remarks
Investor opportunity in the heart of Ocoee! This well-maintained duplex at 821/823 Sleepy Harbour Drive offers immediate cash flow with significant upside. Each unit features 2 bedrooms, 2 bathrooms, an additional office/flex space, oversized living areas, screened lanais, private fenced yards, individual one-car garages, and separate water and electric meters. Built in 1990, the property has a functional layout that continues to attract long-term tenants - Current tenants are long term and wish to stay. Current rents are $1,720 per unit, providing stable income today, while offering the opportunity to increase returns. With cosmetic updates, market rents are estimated around $2,500 per unit, creating excellent value-add potential for investors looking to grow cash flow. Major capital improvements have already been completed, including a new roof (2022), one new garage door (2022), a new septic system (2022), exterior paint (2022), one new A/C system (2025), and the second A/C replaced in 2017. These big-ticket updates allow the next owner to focus on maximizing rental income rather than major maintenance expenses. Conveniently located near shopping, dining, major highways, and downtown Ocoee, this is a rare opportunity to acquire an income-producing property with strong upside potential in a desirable Central Florida location. Whether you're adding to your portfolio or looking for your next value-add investment, this duplex checks all the right boxes.
Financial Considerations
Price:
$549,000
HOA Fee:
N/A
Tax Amount:
$7644.19
Price per SqFt:
$279.53
Tax Legal Description:
HARBOUR HIGHLANDS 2 17/80 LOT 6
Exterior Features
Lot Size:
9619
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1990
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk
Additional Features 2:
N/A
Map
  • Address
    821 SLEEPY HARBOUR DR
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 320,000
avt
Daniel Dourado
$ 225,000
img
  • Featured
  • Active
Duplex

10407 S DREW BRYANT CIR

  • 3
  • 2
  • 175 m²
avt
Daniel Dourado
$ 249,000
avt
Daniel Dourado
$ 349,999
avt
Daniel Dourado
$ 325,000
avt
Daniel Dourado
$ 345,000
avt
Daniel Dourado
$ 849,999
img
  • Featured
  • Active
Duplex

110 FRIENDLY CIR #1

  • 6
  • 4
  • 228 m²
avt
Daniel Dourado
$ 409,900
avt
Daniel Dourado
$ 519,900
avt
Daniel Dourado
$ 280,000
avt
Daniel Dourado
$ 419,900
avt
Daniel Dourado
$ 438,900