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!
The income description goes here to explain
| List Price | $1,195,000 |
| Property Type | Multi-Family |
| Usable Sqft | 4,945 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1952 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 19897000000 |
| MLS # | O6308601 |
| Property ID | 321794910 |
| Lot Sqft | 403,365 |
| Zoning | CG |
| Total Units | 14 |
| Days on Market | 209 |
| Original List Price | $1,195,000 |
| Applicances | Cooktop, Electric Water Heater, Freezer, Microwave, Refrigerator% |
| Date Updated | May 14, 2025 |
| Date Created | May 13, 2025 |
Financials not available online. Please inquire with your agent for more details.
Daniel Colombo an agent of .
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Robert Crawford
REAL ESTATE AGENT