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Last updated on July 27th, 2026

Colonial Drive Development Land

$4,900,000

15551 W. Colonial Drive, Oakland, Florida 34787


Land Size5.16 Acres
ZoningPD
WaterAvailable (Town of Oakland)
SewerAvailable (Town of Oakland)
Permitted Units72 MF Units
Commercial SF:32,000 ± SF

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/


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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