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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)
| DAYS ON MARKET | 1 | LAST UPDATED | 3/31/2026 |
|---|---|---|---|
| TRACT | LAKE JOHNS MOTEL APTS. & TR. PK | YEAR BUILT | 1951 |
| COMMUNITY | 34787 - Winter Garden/Oakland | COUNTY | Orange |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Other, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 34787 - Winter Garden/Oakland |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Other |
| EXTERIOR | Other |
| HEAT | Other |
| INTERIOR | Other |
| LOT | 2.15 acre(s) |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | LAKE JOHNS MOTEL APTS. & TR. PK |
| TAXES | 29405.02 |
| UTILITIES | Other |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Kyler Moreland, REMAX SUNSTATE REALTY, 863-420-5851
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/1/26 2:51 AM PDT.
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