$1,195,000 for Sale
7904 and 8010 se us highway 301 , hawthorne, FL 32640
| Beds 0 | Baths 0 | 4,945 Sqft | 9.26 Acres |
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Property Description
Welcome to an exceptional investment opportunity in Hawthorne, FL, offering a remarkable yearly ROI of 9.19% at a competitive purchase price of $1,195,000! This 14-unit multi-family property, comprising four 1-bedroom/1-bath units and ten studio apartments, sits on 10 acres and promises substantial revenue potential with the addition of coin laundry facilities and mobile home/RV lots. Anticipate a market value increase to $2,500,000++ once RV lots are open! 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 property is an investor's dream, offering modern amenities and a strong rental income stream. Property also features a concrete block shed and store/laundry/office/bathhouse building both in need of renovation. This can also be a value add property, as it formerly had 11 mobile home lots on it, and can also have 38 RV sites and 10 dry camping sites and sits on over 10 acres!
General Information
Sale Price: $1,195,000
Price/SqFt: $242
Status: Active
MLS#: O6308601
City: hawthorne
Post Office: hawthorne
County: Alachua
Subdivision: n/a
Acres: 9.26
Bedrooms:0
Bathrooms:0
House Size: 4,945 sq.ft.
Acreage: 9.26 est.
Year Built: 1952
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Paved, Asphalt
Garage: No
Construction: Block
Exterior Misc: Outbuilding, Garden, Lighting, Sidewalk, Storage
Basement: No
Foundation : Slab
Appliances: Cooktop, Electric Water Heater, Freezer, Microwave, Refrigerator
Cooling: Wall/Window Unit(s)
Heating: Electric, None, Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $5,534
Legal Description: COM SW COR OF NW1/4 SEC 35-10-22 RUN W INTO SEC 34-10-22 112.74 FT TO ELY R/W CR 200-A N 15 DEG E ALG R/W 1008.74 FT S 84 DEG E 355.11 FT TO WLY R/W US 301 S 25 DEG W ALG R/W 54.91 FT N 64 DEG W 27.75 FT S 25 DEG W ALG R/W 996.65 FT S 87 DEG W 55.57 FT POB OR 4199/1529
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Daniel Colombo of REALTY HUB, Phone: 407-900-1001
