475 UMATILLA BOULEVARD Umatilla, FL $ 1,900,000
475 UMATILLA BOULEVARD
$ 1,900,000
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475 UMATILLA BOULEVARD

Umatilla, FL, 32784
$ 1,900,000
Baths0.0 Sq 10,080

Monthly Estimate*

$ 11,699

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Studio

Multi-Family Home for sale in Umatilla, FL

for $1,900,000. This 10,080 square foot home was built in 1930 on a lot size of 0.53.

Exceptional investment opportunity offering a strong 9.5% cap rate! 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 and is currently 100% occupied with long-term tenants, 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.

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Multi-Family Active

Price

$ 1,900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 21,242

Style

Quadruplex

Lot Size

0.53

Year Built

1930

Town/City

Umatilla

County/Region

Lake

MLS | Web ID

S5151887

Features
General
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
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Interior
Interior Amenities Other
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 0
Total Baths 0
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Exterior
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
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* Excluded Features
List By
Lpt Realty, Llc

Broker

victoravilarealtor1@gmail.com

Email

Affordability Calculator

$13,469
Per Month
87%
13%
0%
Monthly Principal & Interest
$11,699
Monthly Property Taxes
$1,770
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/14/2026$1,900,000 Listed Price

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475 UMATILLA BOULEVARD, Umatilla, FL, 32784 is a Multi-Family Home for sale at $1,900,000 with 10,080 sqft and a lot size of 0.53. 475 UMATILLA BOULEVARD is a studio with 0.0 baths and was built in 1930. The property's zip code is 32784 which is in Umatilla, FL