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Active Residential

475 UMATILLA BOULEVARD

Umatilla, FL 32784

STELLAR #S5151887 Updated: Jun 14, 2026, 9:38am
$1,900,000
0 Beds • 0 Baths • 10,080 SqFt
Property
ActiveResidential
1/21
$1,900,000

475 UMATILLA BOULEVARD

Umatilla, FL 32784
0
Beds
0
Baths
10,080
SqFt
0.53
Acres
STELLAR
#S5151887
Updated: Jun 14, 2026, 9:38am

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.

Property Details

Interior
Building Area Total
10320
Cooling
Central Air
Heating
ElectricHeat Pump
Interior Features
Other
Laundry Features
Inside
Living Area
10080
Construction
Building Area Source
Estimated
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Other
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
16
Roof
OtherShake
Year Built
1930
Site & Exterior
Exterior Features
Irrigation SystemSidewalk
Flood Zone Code
X
I D X Participation
Yes
Lot Features
City LotLevelOversized LotSidewalk
Lot Size Acres
0.53
Lot Size Area
23141
Lot Size Dimensions
200 x 100
Lot Size Square Feet
23141
Lot Size Units
Square Feet
Other Structures
Shed(s)
Public Survey Range
26
Public Survey Section
12
Road Frontage Type
Street Paved
Road Surface Type
PavedOther
Sewer
Public Sewer
Total Acreage
1/2 to less than 1
Utilities
Other
Water Source
Public
Zoning
C
Financials
Calculated List Price By Calculated Sq Ft
188.49
Contract Status Change Date
2026-06-13
Current Price
1900000
Feed Types
BBO
Ownership
Fee Simple
Parcel Number
121826060002401800
Public Survey Township
18
Tax Annual Amount
21242.22
Tax Block
024
Tax Book Number
0008/0075
Tax Legal Description
UMATILLA, NORTH UMATILLA LOTS 18 TO 24 INCL BLK 24 PB 6 PGS 35-37 ORB 2439 PG 1247
Tax Lot
01800
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
Community Features
Sidewalks
M L S Area Major
32784 - Umatilla / Dona Vista
S W Subdiv Community Name
Not Applicable
Subdivision Name
NORTH UMATILLA
Listing provided courtesy of STELLAR via IDX. Updated: Jun 14, 2026, 9:38am.
Victor Avila

Listing Agent

LPT REALTY, LLC

Call Agent
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