15992 W COLONIAL Dr, Oakland, FL 34787

Beds
41
Baths
75
Sqft
17,021

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Listed byREMAX SUNSTATE REALTY
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Overview

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)

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
41
Number of bathrooms
75
Square feet
17,021
Lot size (acres)
2.15
Year built
1951

Interior features

Laundry
Other

Exterior features

Horse amenities
Stable

Utilities

Heating
Other
Cooling
Wall/window unit(s), Other

Taxes

Tax Annual Amount (2025)
$29,405.02

Public schools

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Sourced from: Stellar MLS MLS®#: O6395167 Last checked:

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