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Sold for $1,425,000
  • $1,425,000

    16406 W Colonial Dr, Oakland, FL 34787

    7beds
    3,210sqft
    SingleFamily
    Built in 1952
    2.52 Acres Lot
    $1,624,400 Zestimate®
    $444/sqft
    $5,591 Estimated rent

    Home value

    $1,624,400

    $1.38M - $1.92M

    $5,591/mo

    Zestimate® history
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    $10,312/mo

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    $10,312/mo

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    What's special

    This property is the dream come true for someone looking for an income producing lakefront compound with the most spectacular view of Downtown Orlando. It is surrounded by tropical plants, flowers, and mature landscape that create a natural oasis that disconnects you from the city life yet it has the best view of the Orlando skyline. You will feel like as if you are on an exotic vacation while only being a few minutes from downtown. The layout of the property ensures maximum privacy between residents and the guests. The main house has 3 bedrooms and 3 bathrooms. The separate guest house has a second kitchen, 3 bedrooms and 3 bathrooms plus a bonus room. Every room has its own independent entrance and bathroom. This is a turnkey investment opportunity, all the guests rooms come fully furnished, equipped and ready to be rented on airbnb. It currently produces from 6k to 9k per month of verifiable short term rental income. The property is gated with a parking lot capacity of about 30 cars, oasis pool, hot tub, outdoor bar, outdoor pergolas, guest kitchen, oversized 2 car garage, boat dock and the most astonishing view of downtown Orlando over the lake. This is a unique investment opportunity to own such an amazing property. Currently accepting offers. For more photos and videos click the link below: https://www.bestviewoforlando.com

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile
    • Basement: None
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,210 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Detached
    Features
    • Exterior features: Cement / Concrete
    • Has spa: Yes
    • Has view: Yes
    • View description: City
    Lot
    • Size: 2.52 Acres
    Details
    • Parcel number: 272229000000001

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1952

    Community & HOA

    Location
    • Region: Oakland

    Financial & listing details

    • Price per square foot: $444/sqft
    • Tax assessed value: $844,690
    • Annual tax amount: $13,600

    Price history

    DateEventPrice
    11/2/2023Sold$1,425,000-4.7%$444/sqft
    Source: Public Record Report a problem
    4/10/2023Listing removed--
    Source: Owner Report a problem
    4/7/2023Listed for sale$1,495,000+24.6%$466/sqft
    Source: Owner Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/28/2020Listing removed$1,200,000$374/sqft
    Source: Owner Report a problem
    1/27/2020Pending sale$1,200,000$374/sqft
    Source: Owner Report a problem
    1/24/2020Listed for sale$1,200,000+158.3%$374/sqft
    Source: Owner Report a problem
    3/28/2016Sold$464,500-12.4%$145/sqft
    Source: Public Record Report a problem
    12/14/2015Price change$530,000-23.1%$165/sqft
    Source: LUXURY REALTY, INC. #S4817270 Report a problem
    9/18/2015Price change$689,000-5%$215/sqft
    Source: LUXURY REALTY, INC. #S4817270 Report a problem
    6/19/2015Listed for sale$725,000+114.5%$226/sqft
    Source: FDV INVESTMENT REALTY #S4813305 Report a problem
    8/17/2012Sold$338,000-3.2%$105/sqft
    Source: Stellar MLS #O5102250 Report a problem
    5/24/2012Price change$349,000-34%$109/sqft
    Source: Olde Town Brokers, Inc. #O5102250 Report a problem
    1/1/2011Listed for sale$529,000+140.5%$165/sqft
    Source: Prudential Real Estate #O5022217 Report a problem
    12/4/2001Sold$220,000+51.7%$69/sqft
    Source: Public Record Report a problem
    9/1/1995Sold$145,000$45/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$13,600 +4.2%$844,690
    2023$13,057 +5.2%$844,690 +5.6%
    2022$12,417 +692.8%$800,233 +707.9%
    2021$1,566 -68.8%$99,046 -67.4%
    2020$5,025 -21.4%$303,772 -18.4%
    2019$6,394 +1%$372,486 +1.9%
    2018$6,332 +0%$365,541 -5.7%
    2017$6,332 +1.3%$387,742 +5.6%
    2016$6,251 -14.8%$367,295 +24.5%
    2015$7,337 +21.3%$295,074 +0.8%
    2014$6,049 +10.4%$292,644 +5.4%
    2013$5,479 +89.2%$277,704 +95%
    2012$2,896 +20.1%$142,419 -8.7%
    2011$2,412 -2.1%$155,976 -3.8%
    2010$2,462 -37%$162,085 -38.6%
    2008$3,909 +13.1%$263,805 +4.2%
    2007$3,458 -5.6%$253,286 +3.3%
    2006$3,663 +0.3%$245,286 +15.1%
    2005$3,652 +5%$213,119 +7.5%
    2004$3,478 +0.6%$198,248 +1.6%
    2003$3,457 -9.4%$195,081 +3.6%
    2002$3,817 $188,304
    Find assessor info on the county website

    Neighborhood: Rock Lake

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,624,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,624,400