Welcome to an exceptional investment opportunity in Hawthorne, FL, offering a remarkable yearly ROI of 14.88% at a competitive purchase price of $899,900. This 14-unit multi-family property, comprising four 1-bedroom/1-bath units and ten studio apartments, promises substantial revenue potential with the addition of coin laundry facilities and mobile home/RV lots. Anticipate a market value increase to $1,050,000 by Year 2. The property is conveniently connected to city water and sewer services. All 12 completed units are fully occupied and have undergone extensive renovations, featuring new windows on two buildings, new front doors, laminate flooring, toilets, ceiling fans, and bathroom lighting. The property also boasts a new roof, appliances (including fridges, microwaves, and hotplates), outlets, switches, water heaters, and AC units in all units. This turnkey property is an investor’s dream, offering modern amenities and a strong rental income stream.
Property Details
Price:
$899,900
MLS #:
O6276580
Status:
Active
Beds:
0
Baths:
0
Address:
8010 SE US HIGHWAY 301
Type:
Multi Family
Neighborhood:
32640 – Hawthorne
City:
HAWTHORNE
Listed Date:
Feb 2, 2025
State:
FL
Finished Sq Ft:
5,567
ZIP:
32640
Lot Size:
179,903 sqft / 4.13 acres (approx)
Year Built:
1952
Units:
14
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
None
Laundry Features
None
Exterior
Construction Materials
Block, Concrete
Exterior Features
Awning(s), Lighting, Sidewalk, Sliding Doors, Storage
Roof
Shingle
Financial
Tax Year
2024
Taxes
$2,499
Map
Community
- Address8010 SE US HIGHWAY 301 HAWTHORNE FL
- SubdivisionN/A
- CityHAWTHORNE
- CountyAlachua
- Zip Code32640
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8010 SE US HIGHWAY 301
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