Eric Chery
Mixed Use

Commercial Sale · Mixed Use

$899,0006,723 sq ft$134 /sq ft1.1 acres

37415 STATE ROAD 19, UMATILLA, FL, 32784

Active281 days on marketListed Oct 16, 2025MLS #G5103399

About this property

The property at a glance

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.

6,723

Building sq ft

$134

Price / sq ft

1.1

Lot acres

1953

Year built

2

Buildings

C-2 & R-6

Zoning

Mixed Use

Property type

Building size6,723 sq ft
Lot size1.1 acres
Year built1953
Buildings2
ZoningC-2 & R-6
ConstructionBlock · Concrete
CoolingCentral Air
Annual taxes$12,124

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $224,750
Interest rate6.00%
Loan term

Estimated payment

$5,213/mo

Principal & interest$4,042
Property taxes (actual bill)$1,010
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Eric to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

19,800vehicles / day · 2025Cr-44 to Cr-450a · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

The area

Who's around this property

9,859

Population

$69,633

Median income

45.2

Median age

2.47

Avg household

$237,300

Median home value

$1,082/mo

Median rent

1,175

Households w/ kids

Recent sales

What actually sold near 37415 STATE ROAD 19

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1631 N HIGHWAY 19

$227,500

1631 N HIGHWAY 19

3,624 sqft · $63/sqft · Sold Mar 28, 2025

1539 N HIGHWAY 19

$800,000

1539 N HIGHWAY 19

2,007 sqft · $399/sqft · Sold Jul 10, 2025

1015 S GROVE STREET

$310,000

1015 S GROVE STREET

1,980 sqft · $157/sqft · Sold Nov 7, 2025

Your team

The pros in your corner

Eric Chery

Your agent

Eric Chery

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 37415 STATE ROAD 19 — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 37415 STATE ROAD 19.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Eric's phone and CRM.

Goes straight to Eric’s phone and CRM.

Listing courtesy of GRIZZARD COMMERCIAL REALESTATE · Daniel Tatro. MLS #G5103399.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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