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$549,000
Active
821 SLEEPY HARBOUR DRIVE
OCOEE, FL 34761 — HARBOUR HIGHLANDS 02
4 Beds
4 Baths
1,964 sqft
0.22 acres
Built 1990
1-Car Garage
About This Property
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.
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.
Property Details
Basics
- Property Type
- Residential Income
- Property Subtype
- Duplex
- MLS Number
- O6427602
- Year Built
- 1990
Size & Structure
- Living Area
- 1,964 sqft
- Lot Size
- 0.22 acres
- Lot Sq Ft
- 9,619 sqft
- Bedrooms
- 4
- Garage Spaces
- 1
Interior
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor
- Laundry
- In Garage
- A/C
- Central Air
- Heating
- Central
Exterior & Lot
- Exterior Features
- Sidewalk
- Construction
- Block
- Roof
- Shingle
- Foundation
- Slab
Water & Pool
Community & HOA
- HOA
- No
Utilities & Systems
- Water
- Public
- Sewer
- Septic Tank
- Utilities
- Cable Connected, Electricity Connected
- Cooling
- Central Air
- Heating
- Central
- Flood Zone
- X
Financial
- List Price
- $549,000
- Annual Taxes
- $7,644
- Tax Year
- 2025
- Special Conditions
- None