$499,000 - 821 Sleepy Harbour Drive, OCOEE
- 4
- Bedrooms
- 4
- Baths
- 1,964
- SQ. Feet
- 0.22
- Acres
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.
Essential Information
-
- MLS® #:
- O6427602
-
- Price:
- $499,000
-
- Bedrooms:
- 4
-
- Bathrooms:
- 4.00
-
- Square Footage:
- 1,964
-
- Acres:
- 0.22
-
- Year Built:
- 1990
-
- Type:
- Residential Income
-
- Sub-Type:
- Duplex
-
- Status:
- Active
Community Information
-
- Address:
- 821 Sleepy Harbour Drive
-
- Area:
- Ocoee
-
- Subdivision:
- HARBOUR HIGHLANDS 02
-
- City:
- OCOEE
-
- County:
- Orange
-
- State:
- FL
-
- Zip Code:
- 34761-3127
Amenities
-
- # of Garages:
- 1
Interior
-
- Interior Features:
- Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor
-
- Heating:
- Central
-
- Cooling:
- Central Air
Exterior
-
- Exterior Features:
- Sidewalk
-
- Roof:
- Shingle
-
- Foundation:
- Slab
Additional Information
-
- Days on Market:
- 65
-
- Zoning:
- R-3
Listing Details
- Listing Office:
- Atrium Realty, Llc