15992 W COLONIAL DR

$3,200,000

41Bedrooms
75Bathrooms
17,021Sq Ft
1951Year Built
N/AGarage
6Days on Market
2.15 acLot Size

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)

Facts & Features

MLS #
MFRO6395167
PRICE
$3,200,000
STATUS
Active
BEDROOMS
41
BATHROOMS
75
FULL BATHS
N/A
HALF BATHS
N/A
SQUARE FOOTAGE
17,021 sqft
ACRES
2.15
YEAR BUILT
1951
TYPE
Duplex
STYLE
N/A

Amenities

AMENITIES
N/A
PARKING
N/A
VIEW
No
WATERFRONT
No
POOL
No

Exterior

STYLE
N/A
CONSTRUCTION
Other
FOUNDATION
Crawlspace, Other
ROOF
Shingle, Other
FENCING
N/A
LOT DESCRIPTION
N/A

Additional Information

DATE LISTED
March 31, 2026
DAYS ON MARKET
6
ZONING
C-1
DIRECTION FACES
N/A
NEW CONSTRUCTION
No
SPECIAL CONDITIONS
None

Community Information

ADDRESS
15992 W COLONIAL DR
SUBDIVISION
Lake Johns Motel Apts & Tr Pk
CITY
Oakland
COUNTY
Orange
STATE
FL
ZIP CODE
34787
SENIOR COMMUNITY
No

Interior

INTERIOR FEATURES
Other
HEATING
Other
COOLING
Other, Wall/Window Unit(s)
FLOORING
N/A
FIREPLACE
N/A
STORIES
N/A
APPLIANCES
N/A

School Information

DISTRICT
N/A
ELEMENTARY
N/A
MIDDLE
N/A
HIGH
N/A

Location

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