15992 W COLONIAL DRIVE OAKLAND FL 34787 MLS #O6395167

15992 W COLONIAL DRIVE
OAKLAND, FL, 34787
$3,200,000
41 Beds
75 Baths
17,021 SqFt
2.15 Acres
Add
MLS #O6395167 image #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)

Property Details

Price:
$3,200,000
MLS #:
O6395167
Status:
Active
Beds:
41
Baths:
75
Type:
Multi Family
Subtype:
Duplex
Subdivision:
LAKE JOHNS MOTEL APTS. & TR. PK
Neighborhood:
34787wintergardenoakland
Listed Date:
Mar 31, 2026
Finished Sq Ft:
17,021
Total Sq Ft:
17,021
Lot Size:
93,655 sqft / 2.15 acres (approx)
Year Built:
1951
Units:
32
34787 – Winter Garden/oakland34787wintergardenoaklandLake Johns Motel Apts. & Tr. Pk

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Other, Wall/Window Unit(s)
Heating
Other
Interior Features
Other
Laundry Features
Other
Levels
One

Exterior

Construction Materials
Other
Exterior Features
Other, Private Mailbox
Roof
Other, Shingle

Financial

Tax Year
2025
Taxes
$29,405

Map

Community

Market Summary

Current real estate data for Multi Family in OAKLAND as of Apr 29, 2026
1
Multi Family Listed
29
Avg DOM
188
Avg $ / SqFt
$3,200,000
Avg List Price

Property Summary

    Located in the LAKE JOHNS MOTEL APTS. & TR. PK subdivision, 15992 W COLONIAL DRIVE OAKLAND FL is a Multi Family for sale in OAKLAND, FL, 34787. It is listed for $3,200,000 To schedule a showing of MLS#o6395167 at 15992 W COLONIAL DRIVE in OAKLAND, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

Similar Listings Nearby

15992 W COLONIAL DRIVE
OAKLAND, FL