Umatilla, FL Multifamily Properties for Sale

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Updated: Apr 16

Duplex with Lake Views

260 S CENTRAL Avenue, Umatilla, FL 32784

$415,000

2,160 sqft 0.15 AC lot

2,160‑square‑foot duplex with two residential units
Each unit offers 2BR/2BA layouts and separate utilities
Currently tenant‑occupied and professionally managed
Lake views and a 0.15‑acre parcel
1998 block construction with central HVAC

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This listing looks promising.

Here's a quick look at some key insights for

260 S CENTRAL Avenue, UMATILLA, FL 32784

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Est. Cap Rate

6.9%
Above avg (5.9%)
Est. NOI

$29K
Annual
Price @ 7% Cap

$412K
Suggested
Property Type

Duplex
Built 1998

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Updated: Jun 12

Renovated 16-Unit Apartment Building

475 UMATILLA Boulevard, Umatilla, FL 32784

$1,850,000

10,080 sqft 0.53 AC lot

16 units with 10,080 square feet of building area
Unit mix includes 4 two‑bedroom/one‑bath, 11 one‑bedroom/one‑bath, and 1 studio unit
All units remodeled with in‑unit laundry
Updated electrical systems, newer HVAC units, and upgraded water heaters
0.53‑acre site with on‑site parking and sidewalk

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Mixed-Use Building With Apartments

61 N CENTRAL Avenue, Umatilla, FL 32784

$474,000

3,921 sqft 0.09 AC lot

Two-story property combines three apartments with adaptable ground-floor commercial space and a detached garage.

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Two-Building Mixed-Use Income Property

37415 State Road 19, Umatilla, FL 32784

$899,000

4,721 sqft

Remodeled 7-unit apartments plus 1,920 SF pole barn/covered carport commercial space on SR 19.

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Umatilla Investment Opportunity For Sale

37415 STATE ROAD 19, Umatilla, FL 32784

$899,000

1,920 sqft 1.10 AC lot

Two buildings, almost fully leased, on 1.17 acres.

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Mixed-Use Building with Apartments

61 N Central Ave, Umatilla, FL 32784

$474,000

3,921 sqft

Three updated apartments sit above a storefront-configured commercial space with flexible demising potential.

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Umatilla Investment Opportunity For Sale

37415 STATE ROAD 19, Umatilla, FL 32784

$899,000

4,721 sqft 1.10 AC lot

Two buildings, almost fully leased, on 1.17 acres.

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Umatilla Multifamily and Commercial Property

37415 STATE ROAD 19, Umatilla, FL 32784

$899,000

1.10 AC lot

Two buildings with income potential in Umatilla, Florida.

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Renovated 16-Unit Apartment Building

475 UMATILLA BLVD, Umatilla, FL 32784

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Remodeled interiors, in-unit laundry, and updated building systems support flexible rental operations.

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Campground with Onsite Utilities

26301 S.E. County Road 42, Umatilla, FL 32784

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68.00 AC lot

RV destination with recreational amenities, park-owned homes, and dedicated water and sewer treatment facilities.

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Three-Unit Residential Income Property

115 Rose St, Umatilla, FL 32784

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Triplex with a two-bedroom main residence and an over-under duplex offering distinct layouts and separate utility metering.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 11 Active listings in Umatilla, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Duplex Rental Property

521 East Jackson Avenue, Mount Dora, FL 32757

$490,000

4,760 sqft

Tenant-occupied units feature tile flooring throughout and block construction.

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Renovated Triplex With Income

2387 Sheridan Road, Mount Dora, FL 32757

$435,000

2,500 sqft

Three-unit multifamily property with two renovated residences and a third unit undergoing improvements.

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Tiled Triplex with Bonus Room

710 N GROVE STREET, Eustis, FL 32726

$310,000

2,138 sqft

Three-unit property with private parking, fenced grounds, and appliances included in each residence.

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Two-Unit Duplex with Carports

24 & 26 KRISTIN LANE 24 & 26, Eustis, FL 32726

$374,900

2,444 sqft

Both residences offer two bedrooms, two bathrooms, indoor laundry, and fenced yards.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Buildable Lot in Forest Lakes

LOT 41 SE 143 LANE, Umatilla, FL 32784

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0.25 AC lot

0.25-acre lot suitable for mobile or site-built homes.

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Land Near Ocala National Forest

SE 141ST Place, Umatilla, FL 32784

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0.37 AC lot

Residential land near Ocala National Forest suitable for houses/mobile homes.

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Residential Land in Lady Lake

CASAURINA Road, Lady Lake, FL 32159

Contact for pricing

0.20 AC lot

Ideal location for building a dream home near amenities.

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Corner Lot for Mobile or Home

40850 PINE TREE Lane, Eustis, FL 32736

Contact for pricing

0.15 AC lot

Corner lot in Lake County, zoned A for mobile or manufactured homes, with an existing electric pole and meter panel.

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Off-Market Properties in Umatilla, FL

Consider similar Off-Market properties in Umatilla, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

CAMPGROUND, RV PARK

Umatilla, FL 32784

$1,275,000

Estimated value

10.08 AC lot

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Multifamily properties

21741 149Th Ln, Umatilla, FL 32784

Value Estimation by Request

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Umatilla, FL Multifamily Properties Market Trends and Statistics

Explore 13 multifamily properties for sale in Umatilla, FL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 31,444 square feet of properties for sale, with an estimated market value of $6,809,000.

Sale prices for multifamily properties in Umatilla, FL start at $415,000, averaging $851,125, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 9,859

Population Growth (5Y) -19.9%

Median Household Income $69,633

College Educated 18.2%

High-Yield Neighborhoods for Investment

Identify Umatilla submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
32784	$948.2K

Taxes & Financing

Tax Rate (average for all types) 1.59%

Property Tax per SF $40.22 per SF

Tax Rate vs County Average 0.03 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

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