About 821 Sleepy Harbour Drive
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.
Features of 821 Sleepy Harbour Drive
| MLS® # | O6427602 |
|---|---|
| Price | $499,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 1,964 |
| Acres | 0.22 |
| Year Built | 1990 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Listing Details
| Office | ATRIUM REALTY, LLC |
|---|
Listing Map
Neighborhood Information for 821 Sleepy Harbour Drive
High Percentage of Family Households, Growing Population, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Ocoee Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
Ocoee Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Renaissance Charter At Crown Point Public - Kindergarten to 7Th Grade |
1 Miles | |
|
Citrus Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
|
Fmi S.t.e.m. Academy 34760 Private - 6Th Grade to 12Th Grade |
1 Miles | |
|
Westbrooke Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Central Florida Preparatory School Private - Preschool to 12Th Grade - Closest High School |
1 Miles |
School data provided by GreatSchools