15992 W Colonial Drive, OAKLAND, FL

$3,200,000

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41

Beds

75

Baths

17,021

Square feet

2.15

Acres

About 15992 W Colonial Drive

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)

Features of 15992 W Colonial Drive

MLS® # O6395167
Price $3,200,000
Bedrooms 41
Bathrooms 75.00
Square Footage 17,021
Acres 2.15
Year Built 1951
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 15992 W Colonial Drive
Area Winter Garden/Oakland
Subdivision LAKE JOHNS MOTEL APTS. & TR. PK
City OAKLAND
County Orange
State FL
Zip Code 34787-9706

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Features Other
Heating Other
Cooling Other, Wall/Window Unit(s)
Fireplace No

Exterior

Exterior Features Other, Private Mailbox
Roof Other, Shingle
Foundation Crawlspace, Other

Additional Information

Date Listed March 31st, 2026
Days on Market 158
Zoning C-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeREMAX SUNSTATE REALTY

Listing Map

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