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15992 W Colonial Drive, 
Oakland, FL 34787

$3,200,000


41

Beds


75

Baths


17,021

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Kyler Moreland

Remax Sunstate Realty

Last updated:

June 3, 2026, 12:19 PM

MLS#

O6395167

Source:

MFRMLS

About This Home

15992 W Colonial Drive

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)

Home Facts

Multi-Family

75 Baths

41 Bedrooms

Built in 1951

Price Summary

3,200,000

$188 per Sq. Ft.

MLS #:

O6395167

Last Updated:

June 3, 2026, 12:19 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

41

Bathrooms

Total Bathrooms:

75

Interior

Living Area:

17,021 Sq. Ft.


Structure

Structure

Building Area:

17,021 Sq. Ft.

Year Built:

1951


Lot

Lot Size (Sq. Ft):

93,655


Finances & Disclosures

Finances

Price:

$3,200,000

Price per Sq. Ft:

$188 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.