16123 3rd Street, UMATILLA, FL

$89,900

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0.16

Acres

About 16123 3rd Street

Background: This property is located in a quiet neighborhood of the Dona Vista section of Umatilla, 1 mile north of the city of Eustis, with easy access to the dining and shopping areas of Tavares, Eustis and Mount Dora. Approximately 1 hour north of Orlando, Florida. The property was purchased in March of 2025. Since then 3 owner trips totaling 36 days of work has accomplished property cleanup with 4 dumpsters totaling 65 cubic yards of termite damaged roof, removal of 12 feet of rear walls, and other building materials destroyed primarily by termites, plus trash and neglect from being unoccupied for the last 15 years. What is there now: . land with no HOA, 70 by 100 foot buildable lot; . 24 feet by 15 feet, 2-room building,still shedding water with the original roof, double-walled interior, temporary wall to prevent weather damage across the rear of the structure; . 100 amp 12 circuit Square D main electrical panel, 30 amp motorhome receptacle plus minimal wall outlets; external disconnects for main panel and well pump . plumbing: no supply lines or fixtures; new toilet flange for half-bath off bedroom; drain pipe for original toilet 6 feet behind building . no air conditioning or heating; . pressure-treated floor joists and plywood floor; . working septic system (Schedule 40 PVC) drain pipe with clean out behind building alongside driveway; . reconditioned well with new pump and new pressure tank (delivering clear, no-smells water); . 12 x 16 shed with minimal termite damage; . both structures termite treated and under warranty for both dry-wood and subterranean termites Possibilities: 1. replace the back 12 ft of the house with footings, framed walls, wood joists and floor, trussed new roof, new plumbing, new wiring, finished siding, and have a basically new house saving the original front 2 rooms. This would bring the house back up to the 680 square foot house the Lake County tax appraiser thinks is there now. Current owners have kept the original building to take advantage of the existing electrical connection and additional living floor space. Remove the rest of the old house, and replace it with a new build, or a new single-wide or double-wide mobile home, and connect it to the existing septic, well and electric. Install a motor home or travel trailer, taking advantage of the existing utilities. This could be done immediately as a temporary solution while completing possibility 1 or 2 as outlined above. Leave things as they are, and use this property as a full functioning destination for motorhome or travel trailer trips, such as over the winter from a northern home

Features of 16123 3rd Street

MLS® # G5102720
Price $89,900
Acres 0.16
Type Land
Sub-Type Land
Status Active
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Listing Details

OfficeOLYMPUS EXECUTIVE REALTY INC

Listing Map

Neighborhood Information for 16123 3rd Street

Stable Population, Moderate Residential Turnover

Weather

Highs


January 68.40℉
July 91.10℉

Lows


January 70.70℉
July 70.70℉
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Precipitation


48.63

Statistics

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Nearby Schools

Great Schools School Name Distance  
Great School

The Learning Curve Academy Inc.

Private - to
1 Miles
Great School

Lake County Prep Academy

Private - to
2 Miles
Great School

Umatilla High School

Public - 9Th Grade to 12Th Grade - Closest High School
3 Miles
Great School

Umatilla Middle School

Public - 6Th Grade to 8Th Grade - Closest Middle School
3 Miles
Great School

Eustis Elementary School

Public - Kindergarten to 5Th Grade - Closest Elementry School
3 Miles
Great School

Umatilla Elementary School

Public - Preschool to 5Th Grade
3 Miles
Great School

Eustis High School

Public - 9Th Grade to 12Th Grade
3 Miles

School data provided by GreatSchools

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