8010 SE US HIGHWAY 301, HAWTHORNE, FL, 32640
$799,900
Residential Income
|
Living Area
5,567 Sqft
|
Lot Size
179,903 Sqft
|
Rare value-add opportunity on 4.13 acres in Hawthorne, Florida, featuring 13 income-producing units across 5 buildings with significant upside potential. The property currently generates $12,712.50 per month in gross income, with clear room for rent increases. All units have been recently refurbished, including new flooring, ceiling fans, front doors, appliances, sinks, and toilets, providing a turnkey foundation for continued cash flow. In addition, all building roofs were replaced in January 2023, minimizing near-term capital expenditures. The expansive acreage offers substantial development potential, with ample space to construct additional buildings, add mobile homes, or develop storage units. The property previously accommodated 11 mobile homes in addition to the existing buildings, highlighting its future growth possibilities. Ideal for investors seeking stable income today with long-term expansion and appreciation potential.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6378669 | Year Built: | 1952 | |
| Construction Materials: | Block, Concrete | Cooling: | Wall/Window Unit(s) | |
| Country: | US | County Or Parish: | Alachua | |
| Exterior Features: | Outbuildings, Garden, Lighting, Sidewalk, Storage | Financial Data Source: | Owner | |
| Foundation Details: | Slab | Heating: | None | |
| Laundry Features: | None | Lease Term: | Twelve Months | |
| Listing Agreement: | Exclusive Right To Sell | Property Sub Type: | Multi-Family 5+ | |
| Property Type: | Residential Income | Road Surface Type: | Gravel | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | Call Listing Agent | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Electricity Available, Phone Available, Public, Sewer Nearby, Telephone Nearby, Underground Utilities, Water Connected, Water Nearby | Water Source: | Public | |
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