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)
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
See this Listing
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
- Address15992 W COLONIAL DRIVE OAKLAND FL
- SubdivisionLAKE JOHNS MOTEL APTS. & TR. PK
- CityOAKLAND
- CountyOrange
- Zip Code34787
Subdivisions in OAKLAND
- BRILEY FARM
- GROVE AT THE HARVEST DISTRICT
- HULL ISLAND ESTATES FIRST ADD
- JOHNS LANDING
- JOHNS LANDING PH 01 44/47
- JOHNS LANDING PH 02 48 138
- JOHNS LANDING PHASE 1
- LONGLEAF
- LONGLEAF AT OAKLAND
- LONGLEAF/OAKLAND
- LONGLEAF/OAKLAND REP
- OAKLAND PARK
- OAKLAND PK UN 7 NORTH
- OAKLAND TOWN
- OAKLAND TRAILS
- OAKLAND TRAILS PH 1
- OAKLAND TRLS PH 1
- OAKLAND TRLS PH 2
- RYAN COURT
- THE GROVE AT OAKLAND
- WINTERS LNDG PH 01 A D F & G
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 Charles Rutenberg Realty agent at (407) 619-0129.
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Courtesy of REMAX SUNSTATE REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than Charles Rutenberg Realty include the name of the listing broker. Neither the listing company nor Charles Rutenberg Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 15992 W COLONIAL DRIVE
OAKLAND, FL

