New Listing - 06/13/2026
475 UMATILLA BOULEVARD, Umatilla, FL, 32784
0 beds
1930
10,080 sqft
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.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Inside
Units:
16
Subdivision:
NORTH UMATILLA
Heating:
Electric, Heat Pump
Cooling:
Central Air
Lot Size:
200 x 100
Acreage:
0.53
Est. Taxes:
$21,242
Construction
Block
Utilities
Other
Lot Description:
City Lot, Level, Oversized Lot, Sidewalk
Days on Market:
1
MLS #:
S5151887
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of LPT Realty 877-366-2213