821 SLEEPY HARBOUR DRIVE, OCOEE, FL 34761
$499,000 · Active
MLS #O6427602
- Price
- $499,000
- Status
- Active
- Bedrooms
- 4
- Bathrooms
- 0
- Living area
- 1,964 sq ft
- Home type
- Duplex
- Year built
- 1990
- Lot size
- 0.22 acres
- Full bathrooms
- 0
- Half bathrooms
- 0
- Private pool
- No
- Waterfront
- No
- New construction
- No
- HOA
- No
- 55+ community
- No
- County
- Orange
- Garage spaces
- 1
- Annual property taxes
- $7,644.19
- Subdivision
- HARBOUR HIGHLANDS 02
- Bathrooms
- 4 total bathrooms
- Bedrooms
- 4 total bedrooms
- Building
- Built in 1990 · Living area: 1964 · Living area units: Square Feet · Construction Materials: Block
- Cooling
- Central Air
- Exterior Features
- Sidewalk
- Foundation
- Slab
- Garage
- 1 space
- Heating
- Central
- Interior Features
- Ceiling Fans(s) · Living Room/Dining Room Combo · Primary Bedroom Main Floor
- Laundry
- In Garage
- Lot
- 0.22 acres
- Roof
- Shingle
- Sewer
- Septic Tank
- Utilities
- Cable Connected · Electricity Connected · Water Source: Public
About this home
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 bathroom (2026) 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.
Courtesy of ATRIUM REALTY, LLC 833-919-1190
Schedule A Tour Have a question before touring?Contact LPT Realty at (877) 366-2213 to ask about this home.