Address
475 Umatilla Boulevard, UMATILLA, FL
Price
$ 1,850,000
Property Attributes
  • MLS#S5151887
  • TypeIncome
  • Listing Status Active
  • CountyLake
  • CityUMATILLA
  • AreaUmatilla / Dona Vista
  • NeighborhoodNORTH UMATILLA
  • Zip32784
  • StyleQuadruplex
  • Year Built1930
  • Taxes$ 21242
  • Price$ 1,850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10080
  • Lot Size0.53 Acres
Data Source:
Stellar MLS
Property Description

Exceptional investment! This fully renovated multifamily property has undergone extensive upgrades, including updated electrical systems, newer HVAC units, and upgraded water heaters. Featuring a total of 16 units, the property consists of 4 two-bedroom/one-bath units, 11 one-bedroom/one-bath units, and 1 studio unit. Every unit has been remodeled on the interior and includes the convenience of in-unit laundry. The property offers ample on-site parking. providing immediate and stable cash flow. Zoned and suitable for both short-term and long-term rental strategies, allowing future ownership flexibility. A truly turnkey asset with significant capital improvements already completed and minimal deferred maintenance.

Price History
6/14/2026 Listed $1,900,000
7/28/2026 3$1,850,000

General Features

Sewer Public Sewer
Heating Electric,Heat Pump
Cooling Central Air
Utilities Other
Roof Other,Shake
Zoning C
Construction Materials Block
Year Built 1930
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Community Features Sidewalks
County Lake
New Construction false
Property Type Residential Income
Subdivision Name NORTH UMATILLA
Garage Y/N false
Other Structures Shed(s)
Status Active
Directions Take 19 from Eustis into Umatilla at light 450 bear to the left on Umatilla apt building on left.
City UMATILLA
Senior Community Y/N false
Number Of Units Total 16
MLS Area 32784 - Umatilla / Dona Vista
Lot Size Units Square Feet
Lot Size Square Feet 23141
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 21242.22
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 01800
Legal Description UMATILLA, NORTH UMATILLA LOTS 18 TO 24 INCL BLK 24 PB 6 PGS 35-37 ORB 2439 PG 1247
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Yes

Interior Features

Interior Amenities Other
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
LivingAreaSource Public Records

Exterior Features

Exterior Amenities Irrigation System,Sidewalk
Parking Features None
Lot Features City Lot,Level,Oversized Lot,Sidewalk
Water Source Public
Lot Size Area 23141
Foundation Details Other
Number of Buildings 1
Building Area Total 10320
Lot Dimensions 200 x 100
Lot Size Acres 0.53
Road Surface Type Paved,Other
Private Pool false
Waterfront Y/N false
Road Frontage Type Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 32784

Price
AVG $780K
$1.85M
Taxes
AVG $8,847
$21,242
Year Built
AVG 1966
1930