475 Umatilla Boulevard, Umatilla, FL 32784

Local realty services provided by:CENTURY 21 Alliance Realty Group
475 Umatilla Boulevard,Umatilla, FL 32784
$1,900,000
  • - Beds
  • - Baths
  • 10,080 sq. ft.
  • Multi-family
  • Active
Listed by: victor avila
Office: lpt realty, llc.
MLS#:S5151887
Source:MFRMLS

Price summary

  • Price:$1,900,000
  • Price per sq. ft.:$184.11

About this home

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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Home facts

  • Year built:1930
  • Listing ID #:S5151887
  • Added:1 day(s) ago
  • Updated:June 14, 2026 at 04:48 AM

Rooms and interior

  • Living area:10,080 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Shake
  • Year built:1930
  • Building area:10,080 sq. ft.
  • Lot area:0.53 Acres
  • Lot Features:Level, Oversized, Paved, Sidewalk
  • Construction Materials:Block
  • Exterior Features:Sidewalk
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,900,000
  • Price per sq. ft.:$184.11
  • Tax amount:$21,242 (2025)

Features and amenities

  • Appliances:Irrigation Equipment
  • Laundry features:Inside
  • Amenities:Irrigation Equipment
  • Pool features:Public Pool
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