$1,900,000
475 Umatilla Boulevard Umatilla, FL 32784
For Sale MLS# S5151887
10,080 sq ft Multi-family
Details for 475 Umatilla Boulevard
MLS# S5151887
Description for 475 Umatilla Boulevard, Umatilla, FL, 32784
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 Information
Property Type: Residential, Quadruplex
Status: Active
Lot Size: 0.53 Acres
Square Feet: 10,080 sq ft
Year Built: 1930
Construction: Block
Subdivision: North Umatilla
Foundation: Other
Number Of Units Total: 16
County: Lake
Additonal Room Information
Laundry: Inside
Interior Features
Additional Interior Features: Other
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Other
Cooling: Central Air
Heating: Heat Pump, Electric
Exterior / Lot Features
Roof: Other, Shake
Lot Dimensions: 200x100
Additional Exterior/Lot Features: Sprinkler/Irrigation, Level, Flat, City Lot, Oversized Lot
Out Buildings: Shed(s)
Community Features
Community Features: Sidewalks
Driving Directions
Take 19 from Eustis into Umatilla at light 450 bear to the left on Umatilla apt building on left.
Financial Considerations
Tax/Property ID: 12-18-26-0600-024-01800
Tax Amount: 21242.22
Tax Year: 2025
A broker reciprocity listing courtesy: LPT REALTY, LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 475 Umatilla Boulevard
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 475 Umatilla Boulevard
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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