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    21741 149Th Ln Umatilla, FL 32784

    For Sale
    Contact for pricing

    Prime Umatilla land, R4 zoning, great potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.28-acre (18,762 sq ft) parcel of land, located at 21741 SE 149th Lane in Umatilla, Florida (zip code 32784), presents a compelling investment opportunity. Situated within the Forest Lake Campsites, this property boasts R4 zoning, allowing for versatile development options. The zoning permits a mix of single-family, double-wide manufactured homes, duplexes, or conventional homes, catering to a range of development strategies. According to the property appraiser's records, a well and septic system are present on the site; however, the seller does not have firsthand knowledge of their condition or functionality. Prospective buyers are strongly encouraged to conduct their own due diligence to verify the accuracy of tax roll measurements and all other information pertaining to the property's infrastructure and suitability for their intended development plans. The asking price for this multifamily development opportunity is $13,000. This land offers significant potential for investors seeking to capitalize on the growing demand for residential housing in the Umatilla area. The property's location within Forest Lake Campsites provides additional advantages, including access to existing amenities and infrastructure. This is a rare opportunity to acquire a well-located, versatile parcel of land in a desirable area.

    Property Features for 21741 149Th Ln

    General Information

    Property type
    Multifamily properties

    HighLights

    • $13,000 asking price.
    • Multifamily land totaling 18,762 square feet.
    • Located in Umatilla, FL, at 21741 SE 149th Lane, in Marion County, zip code 32784.
    • R4 zoning allows single‑family, duplex, or manufactured homes.
    • Well and septic may be present; buyer to verify.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Umatilla
    County
    Marion
    State
    Florida
    Longitude
    -81.7951625
    Latitude
    29.0048814

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    FAQs

    What type of property is this?
    Multifamily property - Prime Umatilla land, R4 zoning, great potential.
    Where is this multifamily property located?
    The property is located at 21741 149Th Ln Umatilla, FL.
    What is the asking price?
    The asking price for this property is $13,000.
    What are key features of this property?
    This property features: $13,000 asking price.; Multifamily land totaling 18,762 square feet.; Located in Umatilla, FL, at 21741 SE 149th Lane, in Marion County, zip code 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
    21741 149Th Ln Umatilla, FL 32784
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