Lynne Ferguson

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Listing provided courtesy of LPT REALTY, LLCas Distributed by MLSGrid- MLS# MFRS5151887MLS Provider

475 UMATILLA BOULEVARDUMATILLA, FL 32784

Multi-Family · 10,080 Sq. ft. | 0.53 Acres
$1,900,000 Active

475 UMATILLA BOULEVARD Overview

Time on Site:
16 days
Visits:
0

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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475 UMATILLA BOULEVARD Facts & Features

  • Type Multi-Family
  • Sq. ft. 10,080
  • Price/Sq.ft. $188
  • Lot 0.53 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • New Construction: No
  • Year Built: 1930

Location/Region

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

Community/Development

  • Community Features: Sidewalks

Tax Information

  • Tax Annual Amount: 21242.22
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 12-18-26-0600-024-01800
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: C

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0
  • Bedrooms Total: 0

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 10320
  • Building Area Units: Square Feet

General Information

  • Cooling: Central Air
  • Fireplace: No
  • Foundation Details: Other
  • Heating: Electric,Heat Pump
  • Interior Features: Other
  • Laundry Features: Inside
  • Living Area: 10080
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation Equipment

Exterior

Parking Information

  • Parking Features: None

Lot Information

  • Additional Parcels: No
  • Lot Features: City Limits,Level,Oversized Lot,Sidewalk,Paved
  • Lot Size Acres: 0.53
  • Lot Size Dimensions: 200x100
  • Lot Size Square Feet: 23141
  • Road Surface Type: Other
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block
  • Roof: Other,Shake

General Information

  • Carport: No
  • Exterior Features: Sidewalk
  • Number Of Units Total: 16
  • Other Structures: Shed(s)
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Other

475 UMATILLA BOULEVARD 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.

475 UMATILLA BOULEVARD Monthly Cost

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Dylan Leitman
* 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.

475 UMATILLA BOULEVARD 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

475 UMATILLA BOULEVARD History

Date Event Value Agent
6/13/2026Source: My Florida Regional MLS Added to Database
June 13, 2026
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022