475 UMATILLA BLVD, Umatilla, FL 32784
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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.
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Listed by LPT REALTY, LLC · MLS# S5151887
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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-14.
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This home is in a USDA-designated rural area and may qualify for a USDA Rural Development guaranteed loan — 100% financing with no down payment. USDA loans use an upfront and annual guarantee fee instead of monthly PMI.
Ask about USDA $0 down — (813) 548-5618
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