

15992 W COLONIAL DRIVEOAKLAND, FL 34787
Multi-Family · 41 Beds · 17,021 Sq. ft. | 2.15 Acres15992 W COLONIAL DRIVE Overview
- Time on Site:
- 91 days
- Visits:
- 0
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)
15992 W COLONIAL DRIVE Facts & Features
- Type Multi-Family
- Sq. ft. 17,021
- Price/Sq.ft. $188
- Lot 2.15 Acres
Details
General
Association/HOA
- Association: No
Income/Expenses
- Gross Income: 115200
Building Information
- New Construction: No
- Year Built: 1951
Location/Region
- Country: US
- County Or Parish: Orange
- MLS Area Major: 34787 - Winter Garden/Oakland
- Subdivision Name: LAKE JOHNS MOTEL APTS. & TR. PK
- Township: 22
Rent/Lease Information
- Lease Term: 6-12 Month
- Tenant Pays: Electricity,Gas,Water
Tax Information
- Tax Annual Amount: 29405.02
- Tax Year: 2025
General Information
- Listing Terms: Cash,Conventional,Owner Financing
- Ownership: Fee Simple
- Parcel Number: 28-22-27-0000-00-003
- Property Condition: Fixer
- Property Sub Type: Duplex
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
- Zoning: C-1
Interior
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Total: 75
- Bedrooms Total: 41
Building Interior
- Building Area Source: Public Records
- Building Area Total: 17021
- Building Area Units: Square Feet
General Information
- Cooling: Other,Wall/Window Unit(s)
- Fireplace: No
- Foundation Details: Crawlspace,Other
- Heating: Other
- Interior Features: Other
- Laundry Features: Other
- Levels: One
- Living Area: 17021
- Living Area Source: Public Records
- Living Area Units: Square Feet
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Acres: 2.15
- Lot Size Square Feet: 93655
- Road Surface Type: Other
- Water Source: Well
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Other
- Roof: Other,Shingle
General Information
- Carport: No
- Exterior Features: Other,Private Mailbox
- Number Of Units Total: 32
- Pool Private: No
- Sewer: Septic Tank
- Utilities: Other
15992 W COLONIAL DRIVE Neighborhood
Community
34787 (WINTER GARDEN) Demographics
Schools
School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.15992 W COLONIAL DRIVE Monthly Cost

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- HomeServices Insurance
- 904-254-6309
- Contact
15992 W COLONIAL DRIVE Market Data
Based on the last 30 days in this zip code
15992 W COLONIAL DRIVE History
| Date | Value | Agent |
|---|---|---|
| 3/31/2026Source: My Florida Regional MLS | March 31, 2026 |