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$3,200,000
New Listing

15992 W COLONIAL DRIVE
OAKLAND, FL 34787

For Sale|Duplex|Active
41
Beds
75
Total Baths
17,021
SqFt
$188
/SqFt
1951
Built
Subdivision:
LAKE JOHNS MOTEL APTS. & TR. PK
County:
Orange
Call Now: 407-904-2702
Is this the listing for you? We can help make it yours.
407-904-2702
15992 W COLONIAL DRIVE15992 W COLONIAL DRIVE15992 W COLONIAL DRIVE15992 W COLONIAL DRIVE
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Monthly Payment (Est.)

$14,600
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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)

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Listing Snapshot
Price 
$3,200,000
Days On Site 
0 Days
Bedrooms 
41
Inside Area (SqFt) 
17,021 sqft
Total Baths 
75
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.15 Acres
Year Built 
1951
MLS® Number 
O6395167
Status 
Active
Property Tax 
$29,405.02
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
10 hours agoListing first seen on site
General Features
Acres 
2.15
Foundation 
Other
Levels 
One
Property Condition 
Fixer
Property Sub Type 
Duplex
Sewer 
Septic Tank
SqFt Total 
17021
Utilities 
Other
Water Source 
PrivateWell
Zoning 
C-1
Interior Features
Basement 
Crawl Space
Cooling 
OtherWall/Window Unit(s)
Heating 
Other
Interior 
Other
Laundry Features 
Other
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Exterior Features
Construction Details 
Other
Exterior 
Other
Roof 
OtherShingle
Community Features
Financing Terms Available 
CashConventional
MLS Area 
34787 - Winter Garden/Oakland
Roads 
Other
Township 
22
Listing courtesy of REMAX SUNSTATE REALTY (407) 496-4196



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-04-01 12:06 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Erica Diaz Team

CONTACT US

Phone: (407) 904-2702
On Call: Everyday, 8AM – 8PM
Office Hours: 9am – 5pm, Monday – Friday
Weekends By Appt.
Address: 326 S Dillard St, Winter Garden, FL. 34787

Erica Diaz, P.A. DBA Erica Diaz Team. MLS License #261211327. Brokered by Homevest Realty.

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