Cor Of Peru Rd & Maxwell Rd Umatilla, FL 32784
- Land
- 7.67 lot acres
Current Use by Public Records
- Land
Property Details for 0 Cor Of Peru Rd & Maxwell Rd
- Lot size
- 7.67 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Umatilla
- County
- Marion
- State
- Florida
- Longitude
- -81.6667
- Latitude
- 28.9439