$80,000
For Sale

W EIGHTH AVENUE

Umatilla, FL 32784
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This beautiful parcel of land is a portion of the 13 lot offering contained in MLS Listing 06259837. This estate sized homestead consists of the South 7 lots of the 13 lots available. The 13 "city sized" lots on numbered grid streets were platted in 1926 and the requirements for setbacks and building codes have allowed for many different configurations over time. Research will show you that there are homesteads on neighboring streets comprised of two lots, three lots, four lots and larger. **CURRENT 2024 ZONING** We ave attached a September 2024 letter from Lake County in each listing with the options for either two large estate lots such as this parcel. Or the other option is for a LOT LINE DEVIATION of the 13 parcels to create 3 home-sites that meet the current (but ever changing) 12,500 sq. ft. minimums. Currently, it is our understanding that this 7 lot parcel can NOT be divided in to two separate homesites or used as "city lots" as was originally platted in this numbered street grid 100 years ago. Central Florida zoning, density and building codes are changing at a breathtaking pace. Buyers, Investors and Visionaries are shaping the look of Umatilla and meeting the needs and desires of modern home buyers. If this 7 lot parcel sells first, then it is our understanding that the *current option* of 3 homesteads made from the 13 lot parcel will be off the table under current 2024 building codes and setback requirements. Wonderful location and walking distance to North Lake Regional Park and the Umatilla Agri-tourism treasure - *Sunsational Farms*! Minutes by car to charming downtown Umatilla.

  • Property Details
      • Lot DescriptionBuildable, Corner Lot, Street Dead-End, Paved, Wooded
      • Utility FeaturesElectricity Available
      • Middle SchoolUmatilla Middle
      • Elementary SchoolUmatilla Elem
      • High SchoolUmatilla High
      • Property TypePurchase
      • MLS #O6260149
      • MLS #O6260149
      • Original List Price$80,000
      • Cost80000
      • Acres0.48
      • CountyLake
      • Taxes Annual$747
      • Property SubtypeLand
      • Days on Market (Cumulative)31

Location

Bill BarnabaReal Estate Group
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years

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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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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