15992 W Colonial Drive, Oakland, FL 34787

Oakland
Local realty services provided by:ERA Grizzard Real Estate
15992 W Colonial Drive,Oakland, FL 34787
$3,200,000
Virtual Tour
  • 41 Beds
  • 75 Baths
  • 17,021 sq. ft.
  • Multi-family
  • Active
Listed by: kyler moreland
Office: remax sunstate realty
MLS#:O6395167
Source:MFRMLS

Price summary

  • Price:$3,200,000
  • Price per sq. ft.:$188

About this home

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...

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Home facts

  • Year built:1951
  • Subdivision & Development:LAKE JOHNS MOTEL APTS. & TR. PK
  • Listing ID #:O6395167
  • Added:187 day(s) ago
  • Updated:October 05, 2026 at 04:35 PM

Rooms and interior

  • Bedrooms:41
  • Total bathrooms:75
  • Basement Description:Crawlspace
  • Living area:17,021 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)

Structure and exterior

  • Roof:Shingle
  • Year built:1951
  • Building area:17,021 sq. ft.
  • Lot area:2.15 Acres
  • Exterior Features:Private Mailbox
  • Levels:1 Story

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$3,200,000
  • Price per sq. ft.:$188
  • Tax amount:$29,405 (2025)

Features and amenities

  • Pool features:Public Pool
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