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Vacant Land

Colonial Drive Development Land

15551 W. Colonial Drive, Oakland, Florida 34787

$4,900,000
Updated Oct 1, 2026
Categories General Multi-Family Retail Mixed Use

About this property

Situated along the highly traveled W. Colonial Drive (SR-50), this 5.16± acre development opportunity offers a premier location within one of West Orange County's fastest- growing corridors. Designated for Mixed Use Activity Center and zoned Planned Development (PD), the property provides exceptional flexibility for developers seeking to capitalize on the area's continued residential and commercial growth.

Located adjacent to The Grove community and surrounded by expanding residential neighborhoods, retail amenities, and strong demographic growth, this property presents an outstanding opportunity to create a signature mixed-use project in one of Central Florida's most desirable submarkets.

*Permitted development guidelines for this property through City of Oakland
Development Agreement include:
• Multifamily Residential: 72 Units (Maximum)
• Commercial: 48,000 SF (Maximum)
• Open Space/Stormwater: 1.03 ± Acres (Minimum)

For more information please visit:

https://commercial.saundersrealestate.com/commercial-property-for-sale/15551-w-colonial-dr-oakland-sale/

Property details

Property Type
Land
Building Type
Freestanding
Land Size
5.16 acres
Sewer
Available (Town of Oakland)
Water
Available (Town of Oakland)
Zoning
PD
Commercial Sf:
32,000 ± SF
Permitted Units
72 MF Units

Documents 1 file

Flyer_Update_2026_3.pdf 7.8 MB

Last updated: Oct 1, 2026

Location

Address
15551 W. Colonial Drive
Oakland, Florida 34787
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.