16025 Wallace Street, FL
Stellar MLS
1 / 1

$499,000

16025 Wallace Street

Umatilla, FL 32784

Listing updated: September 3, 2026 at 11:22 PM ET

Active
Stellar MLSListing courtesy of La Rosa Realty Cw Properties L · Ricardo Adames · MLS #V4951056 · Active · 407-910-2168
0
Beds
0
Baths
3,512
Sq Ft
0.37
Acres
1966
Built
$142/sqft360° tour
Triplex

Property type

1966

Year built

15,902 sqft

Lot size

$142

Price / sq ft

No HOA

HOA dues

0

Days on market

X

Flood zone

About this home

**TRIPLEX | $60,000+ POTENTIAL ANNUAL INCOME | HOUSE-HACKING OPPORTUNITY** Great investment opportunity in Umatilla! This versatile **triplex** offers the potential for **over $60,000 in annual gross rental income**, while also providing an excellent opportunity for an owner-occupant to house hack. The property features **three separate units**, creating multiple income streams under one roof. The **1-bedroom unit can be delivered vacant**, allowing the new owner to move in and live on-site while renting the other two units to help offset their mortgage and expenses. For investors, the property offers the potential to generate **$60,000+ in gross annual rental income**. For owner-occupants, the ability to occupy the 1-bedroom unit while collecting rent from the other units creates an attractive path toward significantly reducing the cost of homeownership. Located in Umatilla, this property offers a convenient residential setting with easy access to local shopping, dining, schools, parks, and surrounding Lake County communities. **Three units. Multiple income streams. $60,000+ potential gross income. And the flexibility to house hack.** Whether you're looking to expand your rental portfolio or live in one unit while the property helps pay for itself, **16025 Wallace St is an opportunity you won't want to miss.**

Estimated monthly payment

Principal & interest$2,523
Property taxes$465
Home insurance (est.)$229

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

  1. Status: Active
    Sep 3, 2026
  2. Listed$499,000
    Sep 3, 2026
  3. Price increased$499,000

Facts & features

Property type
Residential Income
Sub type
Triplex
Status
Active
Days on market
0
Subdivision
Lynwood
County
Lake
Year built
1966
Living area
3,512 sq ft
Price/sq ft
$142
Lot size
15,902 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12069C0215E)
Annual taxes
$5,584 (2025)
Parcel #
26-18-26-0500-001-01000
Zoning
R-6
MLS #
V4951056

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Interior Details

Bedrooms
0
Interior features
Primary Bedroom Main Floor, Solid Surface Counters
Laundry
Inside, Other

Heating & Cooling

Heating
Central, Other
Cooling
Central Air, Wall/Window Unit(s)

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple

Exterior & Construction

Exterior features
Private Yard
Construction materials
Block
Roof
Membrane, Shingle
Foundation
Slab
Road surface
Dirt

Utilities

Sewer
Septic Tank
Water source
Well
Utilities
Electricity Connected

Listing Details

Listing date
2026-09-01
On market date
2026-09-03
Original list price
$499,000
MLS area
32784 - Umatilla / Dona Vista
Listing AOR
Osceola
Status changed
2026-09-03
Tax legal description
LYNNWOOD LOTS 10 11 BLK 1 PB 12 PG 26 ORB 6278 PG 1710

Flood risk

Minimal riskFEMA Zone XPanel 12069C0215E

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

right side of wallace st

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MLS GRID

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 September 3, 2026 at 11:22 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA