Exceptional income-producing mixed-use property located in the heart of downtown Umatilla. This well-maintained 10-unit building features a desirable blend of 6 residential apartments and 4 commercial storefronts, offering diversified revenue streams and strong investment potential. The property underwent a comprehensive renovation approximately 2 years ago, including extensive updates down to the studs, providing investors with the benefits of modernized systems, improved functionality, and reduced maintenance concerns. The commercial spaces are currently leased, creating immediate income, while the residential units contribute additional stable cash flow. Situated in a highly visible downtown location with convenient access to local businesses, dining, and community amenities, this property presents an excellent opportunity for investors seeking a turnkey mixed-use asset in a growing Central Florida market. Highlights include: 10 total units (6 residential / 4 commercial) Established income-producing property Commercial spaces leased Major renovation completed approximately 2 years ago Downtown location with strong visibility and accessibility Diversified tenant mix Ideal addition to an investment portfolio Whether you're expanding your portfolio or seeking a stable mixed-use investment, this downtown Umatilla property offers long-term income potential and value appreciation opportunities.
Under contract-accepting backup offers. Positioned in the heart of downtown Umatilla, this versatile mixed-use property presents a strong income-producing opportunity with both residential and commercial components. The second-floor features three well-maintained 1-bedroom, 1-bath apartments, all updated with interior paint and remodeling completed in 2015, offering comfortable living spaces ideal for steady rental income. The ground floor is currently configured as a salon/hair studio, with excellent visibility and storefront presence. The layout provides flexibility to accommodate a single user or be demised into two separate commercial units, each with its own entrance and display windows ideal for retail or service-oriented tenants. Additional value is found at the rear of the property, where a detached garage offers potential for supplemental rental income or on-site storage. Parking is conveniently available both curbside and behind the building. Capital improvements include a roof replacement in 2014, along with new gutters and downspouts, and exterior stucco and paint completed in 2015—reducing near-term maintenance concerns. With its central location, multiple income streams, and adaptable layout, this property represents an excellent opportunity for investors or owner-users seeking a foothold in a growing downtown market.
Investment and Income Opportunity. 2 Buildings almost 100% Leased. Property consists of a recently remodeled 7 Unit Apartment Complex - all 1BR/1BA and a Commercial Building with a 1,920 SF pole barn/covered carport area fronting SR 19 in growing Umatilla, Florida. Property sits on 1.17 +/- acres and is within Lake County and is currently zoned C-2/R-6. Great opportunity! Do not disturb tenants.
Live/work opportunity in downtown Umatilla: a 3,216 sq ft brick commercial building from 1930 with a small apartment inside. Zoned C-1 in the City of Umatilla. The main space has a flexible clear-span layout with 10 to 15 ft ceilings and good natural light. It suits office, retail or restaurant use (buyer to verify permitted uses with the City). The apartment has its own private entrance and an on-site shower, so it can be rented for extra income or used by an owner or manager. Metal roof. On a quiet side street just off SR 19 (Central Ave), reached from the public parking lot, and close to schools, shopping and main roads. Flood zone X. Also offered for lease.
Please see Offering Memorandum for more details.The real estate is ideal for a contracting business seeking a central business location. A new owner may also consider development in this growing area.Land Area: 67,200+/- square feet or 1.54+/- gross acres.Buildings: Five buildings which total approximately 15,252+/- square feet.2 Parcels: Parcel #12-18-26-0400-00D-01300 is rectangular. Parcel #12-18-26-0400-00C-00700 is mostly rectangular. Both parcels are vacant.Frontage: Approximately 376 feet of frontage along the east side of Goodbar Avenue and approximately 80 feet of frontage along the north side of Mary Street.Zoning: C-2, General Commercial and Warehouse District and R-15, Low Density Residential District by the City of Umatilla Zoning Authorities.


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Umatilla is located in Florida. Umatilla, Florida has a population of 3,646. Umatilla is less family-centric than the surrounding county with 14.29% of the households containing married families with children. The county average for households married with children is 23.98%.
The median household income in Umatilla, Florida is $59,141. The median household income for the surrounding county is $60,013 compared to the national median of $69,021. The median age of people living in Umatilla is 62.6 years.
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 45.6 degrees. The average rainfall is approximately 51.1 inches per year, with 0 inches of snow per year.