$1,900,000
475 Umatilla Boulevard
Umatilla, FL 32784
Listing updated: June 13, 2026 at 10:34 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveJun 14, 2026
- Listed$1,900,000Jun 13, 2026
- Price increased$1,900,000
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 0
- Subdivision
- North Umatilla
- County
- Lake
- Year built
- 1930
- Living area
- 10,080 sq ft
- Price/sq ft
- $188
- Building area
- 10,320 sq ft (Estimated)
- Lot size
- 23,141 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X
- Annual taxes
- $21,242 (2025)
- Parcel #
- 12-18-26-0600-024-01800
- Zoning
- C
- MLS #
- S5151887
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Interior Details
- Bedrooms
- 0
- Interior features
- Other
- Laundry
- Inside
Heating & Cooling
- Heating
- Electric, Heat Pump
- Cooling
- Central Air
Parking
- Parking features
- None
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Sidewalk
- Construction materials
- Block
- Roof
- Other, Shake
- Foundation
- Other
- Road surface
- Other
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Other
Listing Details
- Listing date
- 2026-06-12
- On market date
- 2026-06-13
- Original list price
- $1,900,000
- MLS area
- 32784 - Umatilla / Dona Vista
- Listing AOR
- Orlando Regional
- Status changed
- 2026-06-14
- Tax legal description
- UMATILLA, NORTH UMATILLA LOTS 18 TO 24 INCL BLK 24 PB 6 PGS 35-37 ORB 2439 PG 1247
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Take 19 from Eustis into Umatilla at light 450 bear to the left on Umatilla apt building on left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 13, 2026 at 10:34 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA