$150,000
For Sale

W EIGHTH AVENUE

Umatilla, FL 32784
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

First time on the market in more than half a century, these historic "Bakers Dozen", or THIRTEEN LOTS platted as individual sites in 1926 and owned by the same family since the 1950's are now available to new visionaries who want to be a small part of shaping the future of Umatilla. As 2024 comes to an end in Central Florida these last years have seen dizzying changes in zoning and growth with new roads and new neighborhoods and new ideas about how the next generations think about real estate and "homesteads". 100 years ago when this grid of numbered streets and "city sized" 115x25 ft lots were platted in East Umatilla there was a vision and a dream. Today, research will show you that there are currently no parcels made up of singular lots, but over the years the adjacent streets have been allowed to create homesteads consisting of two lots, three lots and even large "estate lots" made of of six or more of the original platted "city sized" lots. **CURRENT 2024 LAKE COUNTY ZONING** We have attached to this listing a letter from Lake County from September 2024 that recommends making either two "estate sized" homesteads consisting of 6 lots and 7 lots or redrawing property lines to make 3 homesteads through a Lot Line Deviation process with each parcel containing a minimum 12,500 sq. ft. These recommendations are based on the most current (and ever changing) building regulations and setbacks. Buyers will need to do their own due diligence and submit ideas to Lake County on their vision of the highest and best use of this gorgeous land. We are listing this entire 13 lot parcel and also simultaneously listing it as two estate lots. (See MLS #s O6260149 and O6260020). If one of the smaller estate size lots sells first this 13 lot package (and the flexibility and options 13 lots allows) will be removed so ACT FAST if you want the entire 13 lots. This is a PERFECT opportunity for extended families, investment groups, crowd funding real estate, and like minded visionaries as it is already in 13 nice tidy shares. Great location walking distance to beautiful North Lake Regional Park and the Umatilla Agri-tourism treasure - *Sunsational Farms*! Minutes by car to charming downtown Umatilla. At the doorstep of the Ocala Forest this property is in a brilliant location within "Nature's Hometown".

  • Property Details
      • Lot DescriptionBuildable, Corner Lot, Oversized Lot, Street Dead-End, Paved
      • Utility FeaturesElectricity Available
      • Middle SchoolUmatilla Middle
      • SubdivisionEAST UMATILLA
      • Elementary SchoolUmatilla Elem
      • High SchoolUmatilla High
      • Property TypePurchase
      • Original List Price$150,000
      • MLS #O6259837
      • MLS #O6259837
      • Taxes Annual$1,379
      • Cost150000
      • Acres0.88
      • CountyLake
      • Property SubtypeLand
      • Days on Market (Cumulative)28

Location

International Realty PlusReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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