Property profile

13800 County Road 450 Umatilla, FL 32784

FOR SALE
Waterfront Land
Property ID
US18-8328908
2,997 SF Built 2008
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Property summary

AI-generated overview

North Lake County Waterfront Ranch and Home is an opportunity to purchase roughly 240 ± acres in an extremely desirable part of Lake County. This property can serve as a secluded home place for an individual or family seeking hunting, fishing, recreational, and ranching opportunities. Combined there is roughly 10,157 ± feet of frontage on multiple lakes with one 4.5-acre lake being completely internal to the property. The ranch is mostly comprised of improved pasture on the south end while transitioning into large live oak hammocks as you head towards the northern boundary. The improved pasture is completely cross fenced with a central penning lane allowing for rotational grazing and easy gathering of cattle. There is a 2,997 ± square foot 3 bedroom, 3 bathroom house that was built in 2008 on site. Additionally, there are other barns and agricultural structures on the ranch as well. There is roughly 1,805 ± feet on road frontage of CR 450 ensuring easy access and land appreciation as a prospective buyer looks into the future. The extensive road frontage could also provide a potential buyer with ability to subdivide whether it be for re-sale or to create a family compound. The cattle and some equipment on the ranch is up for discussion and can be purchased separately should a buyer be interested. Contact Zeb Griffin for more information.

Property profile

Verified
Property type Waterfront Land
Year built 2008
Total area 2,997 SF
UPID US18-8328908

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

13800 County Road 450 Umatilla, FL 32784
Umatilla metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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