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34761 Zip Code Multi-Family Real Estate & Homes

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$549,000
4 Beds 4 Baths Harbour Highlands 02 SubDv. 34761 Zip Code
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.

821 Sleepy Harbour Drive, Ocoee

$435,000
4 Beds 4 Baths North Ocoee Add SubDv. 34761 Zip Code
INVESTOR ALERT! INCOME PRODUCER! Seize this incredible opportunity to own the only duplex currently available for sale in Ocoee—an unbelievable steal offering over 1,800 sq. ft. for under $450,000 in the heart of Central Florida! Tucked away on a quiet, serene street with no front or rear neighbors, this turn-key property is ideal for both investors and owner-occupants. Each side of this well-maintained duplex features 2 bedrooms and 2 bathrooms, with just over 900 sq. ft. each unit. One side has just become vacant, creating a unique opportunity for a first-time homebuyer to move in while collecting rental income from the other. For investors, ready-to-move-in tenants are willing to pay $1,900/month for the vacant unit—making this an immediate income-generating asset. The property was producing a combined monthly rental income of $3,325 until April 2025, when the tenants in Unit 320 relocated to Miami. Unit 320 was updated in 2023 and includes a carport and an attached utility shed for added storage. Unit 322 was renovated in 2017, featuring granite countertops in both the kitchen and bathroom, updated flooring in the common areas, and a screened-in porch perfect for relaxing outdoors. Both units have new Carrier A/C systems installed in May 2021. Other key upgrades include a new roof (2017), a new sewer pump system (2020), and a new water filtration system (Dec. 2024). Each unit also includes a separate utility shed in the rear of the building. The long-term tenant in Unit 322 has been renting for over 18 years, reflecting strong rental history and tenant satisfaction. Located in a peaceful, country-like setting yet conveniently close to major highways like 408, 429, and the Turnpike, this duplex offers easy access to downtown Orlando, area attractions, shopping, and even the beaches. With no HOA, extensive upgrades, solid income potential, and a prime location, this property is a rare find. Lease for unit 322 ends on July 31, 2025. Act fast—multiple offers are expected! Don’t let this Central Florida gem slip away!

320 17th Avenue, Ocoee

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