Listing provided courtesy of EXP REALTY LLCas Distributed by MLSGrid- MLS# MFRG5111453MLS Provider

61 N CENTRAL AVENUEUMATILLA, FL 32784

Commercial · 3,921 Sq. ft. | 0.09 Acres
$474,000 Active

61 N CENTRAL AVENUE Overview

Time on Site:
55 days
Visits:
0

Positioned in the heart of downtown Umatilla, this versatile mixed-use property presents a strong income-producing opportunity with both residential and commercial components. The second-floor features three well-maintained 1-bedroom, 1-bath apartments, all updated with interior paint and remodeling completed in 2015, offering comfortable living spaces ideal for steady rental income. The ground floor is currently configured as a salon/hair studio, with excellent visibility and storefront presence. The layout provides flexibility to accommodate a single user or be demised into two separate commercial units, each with its own entrance and display windows ideal for retail or service-oriented tenants. Additional value is found at the rear of the property, where a detached garage offers potential for supplemental rental income or on-site storage. Parking is conveniently available both curbside and behind the building. Capital improvements include a roof replacement in 2014, along with new gutters and downspouts, and exterior stucco and paint completed in 2015—reducing near-term maintenance concerns. With its central location, multiple income streams, and adaptable layout, this property represents an excellent opportunity for investors or owner-users seeking a foothold in a growing downtown market.

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61 N CENTRAL AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 3,921
  • Price/Sq.ft. $121
  • Lot 0.09 Acres

Details

General

Income/Expenses

  • Gross Income: 49200
  • Net Operating Income: 35264

Building Information

  • New Construction: No
  • Year Built: 1941

Location/Region

  • Country: US
  • County Or Parish: Lake
  • MLS Area Major: 32784 - Umatilla / Dona Vista
  • Subdivision Name: UMATILLA YANCEYS ADD
  • Township: 18

Tax Information

  • Tax Annual Amount: 6329
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Commercial Financing
  • Ownership: Fee Simple
  • Parcel Number: 13-18-26-1200-00G-00201
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
  • Special Listing Conditions: None
  • Zoning: C-1

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 4071
  • Building Area Units: Square Feet

General Information

  • Cooling: Central Air,Wall/Window Unit(s)
  • Foundation Details: Block
  • Living Area: 3921
  • Living Area Source: Public Records
  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Square Feet: 4071
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block

General Information

  • Number Of Units Total: 4
  • Road Frontage Type: Highway

61 N CENTRAL AVENUE Neighborhood

Community

32784 (UMATILLA) Demographics

45
Median Age
104
Population Density (per sq. mile)
24%
College Educated
$56,250
Estimated Median Income
2,989
Estimated Total Home Owners
973
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

61 N CENTRAL AVENUE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

61 N CENTRAL AVENUE Market Data

Based on the last 30 days in this zip code

$544,820
Average List Price
$262
Average Price per Square Foot
14
Properties Sold
193
Average Days on Market
112
Properties for Sale
Calculations provided by Reliance Network

61 N CENTRAL AVENUE History

Date Event Value Agent
5/5/2026Source: My Florida Regional MLS Added to Database
May 05, 2026
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022