15992 Colonial Drive, OAKLAND, FL 34787
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- MLS#: O6395167 ( Residential Income )
- Street Address: 15992 Colonial Drive
- Viewed: 17
- Price: $3,200,000
- Price sqft: $188
- Waterfront: No
- Year Built: 1951
- Bldg sqft: 17021
- Bedrooms: 41
- Total Baths: 75
- Days On Market: 5
- Additional Information
- Geolocation: 28.5504 / -81.6241
- County: ORANGE
- City: OAKLAND
- Zipcode: 34787
- Subdivision: Lake Johns Motel Apts. Tr. Pk
- Provided by: REMAX SUNSTATE REALTY
- Contact: Kyler Moreland
- 416-450-7436

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Description15992 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 Oranges 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)
Property Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Baths Total
- 75
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Other
- Wall/Window Unit(s)
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Other
- Private Mailbox
Garage Spaces
- 0.00
Heating
- Other
Insurance Expense
- 0.00
Interior Features
- Other
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
Levels
- One
Living Area
- 17021.00
Area Major
- 34787 - Winter Garden/Oakland
Net Operating Income
- 0.00
Occupant Type
- Tenant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 28-22-27-0000-00-003
Property Condition
- Fixer
Property Type
- Residential Income
Roof
- Other
- Shingle
Sewer
- Septic Tank
Tax Year
- 2025
Tenant Pays
- Electricity
- Gas
- Water
Township
- 22
Utilities
- Other
Views
- 17
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/O6395167
Water Source
- Well
Year Built
- 1951
Zoning Code
- C-1











