0 Cor Of Peru Rd & Maxwell Rd Umatilla, FL 32784
This exceptional 7.67-acre parcel in Umatilla, Florida, presents a prime opportunity for residential development. Located at the southwest corner of Peru Road and Maxwell Road (32784), this property boasts an approved site plan for sixteen single-family homes. However, the R-5 zoning allows for the potential development of up to thirty-eight single-family homes or manufactured housing units, offering significant upside. The site is conveniently situated along a private cul-de-sac, providing the option for a gated community. Enjoy stunning views of Lake Collins and the proximity to Highway 19, placing you minutes from major retailers, attractions, and amenities. The city of Umatilla provides central water and sewer services, and impact fee credits are available for utility infrastructure. This offering includes access to comprehensive due diligence materials, such as general contractor information, site plans, surveys, environmental reports, geotechnical studies, and renderings. The asking price is $800,000. Don't miss this chance to acquire a ready-to-develop residential land asset in a desirable Florida location. This is a truly exceptional opportunity for investors seeking high-return potential in a growing market. The property is approximately one mile north of downtown Umatilla.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.