- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
$3,200,000
Monthly Est:$15,928
41 Beds
- 75 Baths
17,021sqft
15992 W Colonial Dr, Oakland, FL 34787
$3,200,000
$15,928/moEst:
Get Pre-Approved
Duplex
Built in 1951
$-- HOA
2.15 acres lot
$188/sq.ft
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)
- Houzeo last checked: 14 minutes ago
- Listing updated: April 6, 2026 at 3:30 pm
- Listing Provided by: Kyler Moreland (407) 496-4196 | REMAX SUNSTATE REALTY (416) 450-7436
- Source: Stellar MLS-FL as distributed by MLS GRID | MLS#: O6395167

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1951
HOA Fees
-
Finished Area
17,021 sqft
Lot Size
2.15 acres lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
O6395167
MLS Status
Active
Days on Market
220
Cumulative Days on Market
6

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 41
Bathrooms: 75
Interior
Cooling
Other, Wall/window Unit(s)
Interior Features
Other
Exterior Features
Other, Private Mailbox
Heating
Other
Sewer
Septic Tank
Construction
Year Built
Year Built: 1951
Home type
Duplex
Foundation Details
Crawlspace, Other
Property Condition
Fixer
Construction Materials
Other
Roof
Other, Shingle
Utilities & Energy
Laundry Features
Other
Water Source
Well
Utilities
Other
Other Features
Subdivision Name
Lake Johns Motel Apts. & Tr. Pk
Tenant Pays
Electricity, Gas, Water
Price History
| Date | Event | Price |
|---|---|---|
03/31/2026 Source: #MFRO6395167 | Listed for Sale | $3,200,000 $188/sqft |
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Based on information from Stellar MLS® through Nov 07, 2026, 01:00AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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