
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.
