$1,900,000

475 UMATILLA BOULEVARD, Umatilla, FL 32784

  • 10,080 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon0.53acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $188/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

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.

Listing Status:
Active
Date Added:
June 13, 2026
Data Last Updated:
July 6, 2026 at 10:24PM
Listing Office:
LPT REALTY, LLC : 877-366-2213
Listing Agent:
Victor Avila : 407-962-5738
MLS ID:
S5151887
  • General: Other
  • Laundry: Inside
  • A/C: Central Air
  • Heating: ElectricHeat Pump
  • General: Sidewalk
  • Other Structures: Shed(s)
  • Parking: None
  • Roofing: OtherShake
  • General: BlockOther
  • Road/Access: Other
  • Originating MLS: Stellar MLS
  • County: Lake
  • Zoning: CUMATILLANORTH UMATILLA LOTS 18 TO 24 INCL BLK 24 PB 6 PGS 35-37 ORB 2439 PG 124712-18-26-0600-024-01800
  • Utilities: Other
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Victor Avila , LPT REALTY, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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