61 N Central Avenue, Umatilla, FL 32784

$474,000
3,921
SqFt

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List Price
$474,000
Status
Active
Days on Market
84
MLS#
G5111453
Property Style
Multi-Family 5+
Year Built
1941
Living Area
3,921
Lot Size
4,071
Acres
0.09
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Umatilla Yanceys Add
MLS Area Major
Umatilla / Dona Vista

Property Description

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.

Additional Information

Taxes
$6329
Annual Gross Income
49200
Community Features
No Deed Restriction
Zoning
C-1
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Block
Foundation
Block
Pool
No Pool
Flood Zone Code
X
Parcel ID
13-18-26-1200-00G-00201
Legal Description
UMATILLA, YANCEY'S ADD S 30 FT OF LOT 2, N 3.5 FT OF LOT 3 BLK G--LESS W'LY 15 FT-- PB 1 PG 30 ORB 3957 PG 85

Listing courtesy of EXP REALTY LLC. 888-883-8509

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