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    Private Dr Umatilla, FL 32784

    For Sale
    $499,000

    12+ Acres, Lake Views, Build Your Dream

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 532,738.8 square foot commercial land parcel presents a unique opportunity in Umatilla, Florida. Located at 0 Private Drive, this expansive property boasts over 12 acres of high and dry land, offering unparalleled privacy and breathtaking views. The site enjoys approximately 1,700 feet of lake frontage, encompassing both Lake Mary and Lake Enola, providing stunning vistas and potential waterfront development possibilities. Its convenient location near downtown Umatilla and a short drive to Mount Dora offers easy access to local amenities and charming small-town living. The property's substantial size and prime location make it ideal for a variety of commercial ventures, from large-scale developments to exclusive private estates. The asking price for this remarkable property is $499,000. This is a rare chance to acquire a significant piece of lakefront land with exceptional potential in a desirable Florida location. The property is zoned for commercial use and is ready for development. Serious inquiries are encouraged. The property is located in Lake County, Florida, zip code 32784.

    Property Features for 0 Private Dr

    General Information

    Property type
    Land

    HighLights

    • 532,738.8 SF commercial land parcel in Umatilla, FL.
    • Over 12 acres of high and dry land with 1,700 feet of lake frontage on Lake Mary and Lake Enola.
    • Prime location near downtown Umatilla and Mount Dora.
    • $499,000 asking price.
    • Commercially zoned and ready for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Umatilla
    County
    Lake
    State
    Florida
    Longitude
    -81.7130522
    Latitude
    28.9533776

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    FAQs

    What type of property is this?
    Land - 12+ Acres, Lake Views, Build Your Dream
    Where is this land located?
    The property is located at Private Dr Umatilla, FL.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 532,738.8 SF commercial land parcel in Umatilla, FL.; Over 12 acres of high and dry land with 1,700 feet of lake frontage on Lake Mary and Lake Enola.; Prime location near downtown Umatilla and Mount Dora.
    Request Owner's contact information
    Private Dr Umatilla, FL 32784
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    Umatilla, FL 32784
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Private Dr Umatilla, FL 32784
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