Exceptional investment opportunity offering a strong 9.5% cap rate! This fully renovated multifamily property has undergone extensive upgrades, including updated electrical systems, newer HVAC units, and upgraded water heaters. Featuring a total of 16 units, the property consists of 4 two-bedroom/one-bath units, 11 one-bedroom/one-bath units, and 1 studio unit. Every unit has been remodeled on the interior and includes the convenience of in-unit laundry. The property offers ample on-site parking and is currently 100% occupied with long-term tenants, providing immediate and stable cash flow. Zoned and suitable for both short-term and long-term rental strategies, allowing future ownership flexibility. A truly turnkey asset with significant capital improvements already completed and minimal deferred maintenance.
Property Details
Price:
$1,900,000
MLS #:
S5151887
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
NORTH UMATILLA
Neighborhood:
32784umatilladonavista
Listed Date:
Jun 13, 2026
Finished Sq Ft:
10,080
Total Sq Ft:
10,320
Lot Size:
23,141 sqft / 0.53 acres (approx)
Year Built:
1930
Units:
16
See this Listing
Schools
Interior
Cooling
Central Air
Heating
Electric, Heat Pump
Interior Features
Other
Laundry Features
Inside
Exterior
Community Features
Sidewalks
Construction Materials
Block
Exterior Features
Irrigation System, Sidewalk
Lot Features
City Lot, Level, Oversized Lot, Sidewalk
Other Structures
Shed(s)
Parking Features
None
Roof
Other, Shake
Financial
Tax Year
2025
Taxes
$21,242
Map
Community
- Address475 BOULEVARD UMATILLA FL
- SubdivisionNORTH UMATILLA
- CityUMATILLA
- CountyLake
- Zip Code32784
Subdivisions in UMATILLA
- 0004
- ACREAGE & UNREC
- ANNA D GUERRANT
- BIG SCRUB CAMPSITES
- BIG TREE CAMPSITES SEC D
- BIG TREE CAMPSITES SEC. D
- BRENNAND SUB
- CREST HAVEN 01
- CROOKED OAK ESTATES
- DREAM LAKE POULTRY RANCHES
- EAST UMATILLA
- EUSTIS PARK SUB
- FLORIDA ORANGE GROVE CORP
- FOREST LAKE CAMPSITES
- FOREST LAKES CAMPSITES
- FOREST RIDGE CAMPSITES
- FRST LAKE CAMPSITES
- FRST LAKES CAMPSITES
- GIBSON & GOTHERMANS ADD
- GIVEN’S SUB-TROWELL’S SUB
- HI-LAND COURT
- HIGLEY
- LAKE COOLEY ESTATES
- LAKE MURPHY ESTATES
- LAKE SMITH ESTATES SUB
- LAKENRIDGE
- LEE ACRES
- LYNNWOOD
- MAGNOLIA POINTE
- MAGNOLIA POINTE PH 1
- MAGNOLIA POINTE PHASE 1
- MARION PINES HILLS
- MERRILL-VAUGHN SUB
- METES AND BOUNDS LEGAL
- NON SUB
- OSCEOLA PARK
- ROLLING WOODS
- SANDY ACRES ESTATE
- SANDY ACRES RANCH
- SEASONS AT MAGNOLIA POINTE
- SHORELIN RANCH
- SHORELINE RANCH
- SILVER BEACH HIGHTS
- SILVER LAKE PARK
- SMITHS CARRIE E
- TARPON DEVELOPMENT
- THREE LAKES SUB
- TWIN LAKES ESTATES
- TWIN LAKES ESTATES PHASE III
- UMATILLA ANNA D GUERRANT SUB
- UMATILLA BUENA VISTA SUB
- UMATILLA COTTAGES AT WATERS EDGE
- UMATILLA DE VAULTS
- UMATILLA KRISTIN TERRACE
- UMATILLA LAKE MARY ESTATES
- UMATILLA LAKE MARY ESTATES SUB
- UMATILLA MITCHENORS ADD
- UMATILLA PALM COURT
- UMATILLA SWISS BELLEVUE SUB
- UMATILLA TURPENTINE COS
- UMATILLA VAUGHN SUB
- UMATILLA YANCEYS ADD
Market Summary
Current real estate data for Multi Family in UMATILLA as of Jul 26, 2026
2
Multi Family Listed
72
Avg DOM
190
Avg $ / SqFt
$1,157,500
Avg List Price
Property Summary
- Located in the NORTH UMATILLA subdivision, 475 BOULEVARD UMATILLA FL is a Multi Family for sale in UMATILLA, FL, 32784. It is listed for $1,900,000 To schedule a showing of MLS#s5151887 at 475 BOULEVARD in UMATILLA, FL, contact your CENTURY 21 Carioti agent at 2392986550.
Similar Listings Nearby
Courtesy of LPT REALTY, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 475 BOULEVARD
UMATILLA, FL