$365,000

311 S Central Avenue Umatilla, FL 32784 Commercial - Active

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Description

This property represents a rare high-visibility mixed-use opportunity positioned on a main road, offering strong exposure, flexible layout, and multiple income-generating or owner-user scenarios.Highest and Best Use:The optimal use for this property is as a professional office with live/work capability or multi-use business hub. The existing layout supports immediate occupancy for medical, professional services, consulting, or boutique business operations, while also allowing for residential integration-an increasingly desirable model in today's market.The presence of an established doctor's office configuration provides a clear path for medical, wellness, or service-based businesses, reducing conversion costs and accelerating time to operation. The flexible floor plan allows for multiple offices, client-facing areas, and private workspaces.The upstairs bonus room offers additional revenue or functional potential-ideal for executive office space, short-term rental, or staff housing. Scenic lake views from the upper level enhance the overall appeal for both clients and occupants.The detached garage/workshop significantly increases the property's utility, supporting trades, storage, or operational use. With both overhead and side access, this space can function independently or as part of the primary business use. The additional shed further expands storage capacity, supporting a variety of business types.Situated on an oversized .67-acre corner lot, the property offers strong site presence, accessibility, and potential for signage, parking optimization, or future expansion (subject to zoning). The mature landscaping, including a pecan tree, enhances curb appeal for client-facing businesses.Capital Improvements & Risk Mitigation: 2023: New electrical panel, hot water heater, fixtures, and functional upgrades Roof replaced in 2017 Foundation serviced by Alpha Foundations with final inspection scheduled Commercial-grade washer/dryer included Reasonable insurance costsThese improvements reduce deferred maintenance risk and support long-term operational stability.Investment Positioning:This asset is well-suited for: Owner-users seeking to eliminate lease expenses Medical or professional office users Live/work operators Investors targeting flexible-use properties in high-visibility locationsWith strong road frontage, adaptable infrastructure, and multiple income pathways, this property offers both immediate usability and long-term upside, making it a compelling acquisition in today's market.

Property Highlights

Property Type: Commercial -
Cooling: Central Air
Heating: Electric
Lot Size: 0.67 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $5,054
Year Built: 1910

General Information

County: Lake
Subdivision: UMATILLA MITCHENORS
Listed By:
Amy Phillips CALL IT CLOSED INTL REALTY 407-338-3339

Property Features

Accessibility Features: Accessible Doors
Appliances: Refrigerator
Directions: From Orlando, take FL-429 North to US-441 North toward Mount Dora. Continue on US-441, then turn right onto County Road 450A toward Umatilla. Turn left onto South Central Avenue. The property at 311 S Central Ave will be on your right.
Exterior: Frame
Flood Zone Code: X
Flooring: Ceramic Tile
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot: Corner Lot, City Limits, Oversized Lot, Paved
Lot Dimensions: 0.67
Number of Restrooms: 3
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Mixed Use
Sewer: Public Sewer
Showing Instructions: Combination Lock Box, ShowingTime
Special Sale Provisions: None
Utilities: Phone Available, Water Connected
Vegetation: Fruit Trees, Trees/Landscaped
Water: Public
Water Access Y/N: No
Windows: Double Pane Windows, Rods
Zoning: RP
$365,000
New to the Market Active
BEDS0 BATHS SQUARE FEET2,918 MLS#O6395583
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONUMATILLA MITCHENORS

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