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House for sale at 15992 W Colonial Dr, Oakland, FL 34787 | MLS# O6395167 | Listing updated on 2026-04-06
Photo 1 of House for sale at 15992 W Colonial Dr, Oakland, FL 34787 | MLS# O6395167 | Listing updated on 2026-04-06
Photo 2 of House for sale at 15992 W Colonial Dr, Oakland, FL 34787 | MLS# O6395167 | Listing updated on 2026-04-06
Photo 3 of House for sale at 15992 W Colonial Dr, Oakland, FL 34787 | MLS# O6395167 | Listing updated on 2026-04-06
Photo 4 of House for sale at 15992 W Colonial Dr, Oakland, FL 34787 | MLS# O6395167 | Listing updated on 2026-04-06
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$3,200,000

Monthly Est:$15,928

  • Beds Icon41 Beds
  • Beds Icon
    75 Baths
  • Beds Icon17,021sqft

15992 W Colonial Dr, Oakland, FL 34787

$15,928/moEst:

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  • 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 Stellar MLS-FL as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Orange County

  • City

    Oakland

  • 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

DateEventPrice

03/31/2026

Source: #MFRO6395167

Listed for Sale

$3,200,000

$188/sqft

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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