821 Sleepy Harbour Drive, Ocoee, FL 34761
- $549,000
- 4
- BD
- 4
- BA
- 1,964
- SqFt
- List Price
- $549,000
- Status
- Active
- Days on Market
- 4
- MLS#
- O6427602
- Property Style
- Duplex
- Year Built
- 1990
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 1,964
- Lot Size
- 9,619
- Acres
- 0.22
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Harbour Highlands 02
- MLS Area Major
- Ocoee
Property Description
Investor opportunity in the heart of Ocoee! This well-maintained duplex at 821/823 Sleepy Harbour Drive offers immediate cash flow with significant upside. Each unit features 2 bedrooms, 2 bathrooms, an additional office/flex space, oversized living areas, screened lanais, private fenced yards, individual one-car garages, and separate water and electric meters. Built in 1990, the property has a functional layout that continues to attract long-term tenants - Current tenants are long term and wish to stay. Current rents are $1,720 per unit, providing stable income today, while offering the opportunity to increase returns. With cosmetic updates, market rents are estimated around $2,500 per unit, creating excellent value-add potential for investors looking to grow cash flow. Major capital improvements have already been completed, including a new roof (2022), one new garage door (2022), a new septic system (2022), exterior paint (2022), one new A/C system (2025), and the second A/C replaced in 2017. These big-ticket updates allow the next owner to focus on maximizing rental income rather than major maintenance expenses. Conveniently located near shopping, dining, major highways, and downtown Ocoee, this is a rare opportunity to acquire an income-producing property with strong upside potential in a desirable Central Florida location. Whether you're adding to your portfolio or looking for your next value-add investment, this duplex checks all the right boxes.
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Additional Information
- Taxes
- $7644
- Annual Gross Income
- 41280
- Community Features
- No Deed Restriction
- Zoning
- R-3
- Interior Layout
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor
- Utilities
- Cable Connected, Electricity Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Sidewalk
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Carport
- 1 Car Garage
- Garage Spaces
- 1
- Garage Dimensions
- 10x19
- Flood Zone Code
- X
- Parcel ID
- 20-22-28-3385-00-060
- Legal Description
- HARBOUR HIGHLANDS 2 17/80 LOT 6
Listing courtesy of ATRIUM REALTY, LLC. 833-919-1190
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