821 SLEEPY HARBOUR DRIVE, Ocoee, Florida, United States, 34761
499,000
for Sale
4
4
9,619
About the 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 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.
- Property Type:
- Duplex
- Status:
- for Sale
- House Style:
- Other
- Bedrooms:
- 4
- Bathrooms:
- 4
- Acres:
- 0.22
- Square Feet:
- 1964
- Area:
- 34761 - Ocoee
- Central A/C:
- Yes
- Central A C Details:
- Central Air
- Water:
- Public
- Heating:
- Central
- Exterior:
- Sidewalk
- Interior Features:
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor
- Sewer:
- Septic Tank
- Directions:
- From Clarke Rd, turn west onto White Rd, left onto Sleepy Harbour Drive, property is on the right.
- Association Fee:
- 0
- Is Garage:
- Yes
- Is Fenced:
- Yes
- Is Fenced Yard:
- Yes
- Is Investment:
- Yes
- Is Maintenance:
- Yes
- Is New Roof:
- Yes
- Is Screen:
- Yes
- Annual Property Taxes:
- 7,644.19
- Listing ID:
- O6427602
Rooms
Dimensions
Brokered by:
Atrium Realty, Llc
Presented By: