15992 COLONIAL, OAKLAND, FL, 34787 — photo 1
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15992 COLONIAL, OAKLAND, FL, 34787

$3,200,000

41 Beds17,021 Sq FtBuilt 19512.15 Acres

About This Property

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)

Subdivision

LAKE JOHNS MOTEL APTS. & TR. PK

Status

Active

Listed By

REMAX SUNSTATE REALTY

Days on Market

6

Mortgage Calculator

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Est. Monthly Payment

$20,601

30-yr fixed · 20% down · 6.875%

Principal & Interest$16,817
Property Tax (actual)$2,450
Est. Home Insurance~0.5% est.$1,333
Total / month$20,601
Loan amount$2,560,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

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MLS# f569bfbcd4b96249dbd6061d0df5c4a6

Location