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821 Sleepy Harbour Drive, Ocoee, FL 34761

821 Sleepy Harbour Drive

Ocoee, FL 34761 · Orange County

$549,000

4

Beds

4

Baths

1,964

Sq ft

1990

Year built

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 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.

Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
1,964 sq ft
Features
Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor
Cooling
Central Air
Heating
Central

Exterior & lot

Lot size
0.22 acres
Construction
Block
Roof
Shingle
Features
Sidewalk

Parking

Garage spaces
1

Financial

Annual tax
$7,644.19
Tax year
2025

Utilities

Utilities
Cable Connected, Electricity Connected
Water
Public
Sewer
Septic Tank

Property

Property type
Multi Family
Year built
1990
Subdivision
Harbour Highlands 02
Days on market
1

Estimate your monthly cost

Twenty percent down over thirty years at 6.5%. Insurance is not included.

Principal & interest
$2,776
Property tax
$637
Estimated monthly
$3,413

Location

Listing

Listed by
AJ Stagg, III
Brokerage
ATRIUM REALTY, LLC
MLS number
MFR800811679

Listing information is deemed reliable but is not guaranteed.