21741 149Th Ln Umatilla, FL 32784
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.