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Lynda Wagner
REALTOR®
(941) 518-5755
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$3,200,000

15992 W Colonial Drive Oakland, FL 34787 Multi Unit - Multiple Active

  • 15992 W Colonial Drive , Oakland, FL 34787 Main Photo

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Description

15992 W Colonial Dr, Oakland, FL - 32-Unit Income Producing Multifamily OpportunityExceptional 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)

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Other, Wall/Window Unit(s)
Heating: Other
Lot Size: 2.15 Acres
Roof Type: Other, Shingle
Stories: 1.0
Taxes: $29,405
Year Built: 1951

General Information

Bedrooms: 41
Sqft: 17,021
County: Orange
Subdivision: LAKE JOHNS MOTEL
Listed By:
Kyler Moreland REMAX SUNSTATE REALTY 416-450-7436

Amenities

Other
Other
Private Mailbox

Property Features

Annual Net Income: 14105.00
Directions: off i4 head west on Colonial drive will be on your left
Flood Zone Code: AE*
Foundation: Crawlspace, Other
Home Warranty Y/N: No
Lease Terms: 6-12 Month
Listing Terms: Cash, Conventional, Owner Financing
Lot Dimensions: 2.15
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Septic Tank
Showing Instructions: Go Direct, Other, See Remarks
Special Sale Provisions: None
Units: 32
Utilities: Other
Water: Well
Water Access Y/N: No
Zoning: C-1
$3,200,000
41beds
17,021sqft
New to the Market Active
BEDS41 BATHS SQUARE FEET17,021 MLS#O6395167
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLAKE JOHNS MOTEL

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15992 W Colonial Drive , Oakland, FL 34787.

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Estimated Payment

$ 14,176.81 per month $10,793.06 Principal & Interest $2,450.42 Property Tax $933.33 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 04/01/2026. The listing information on this page last changed on 04/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/01/2026 4:45:01 AM EST) or Stellar MLS (last updated Wed 04/01/2026 1:58:51 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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