7904 and 8010 SE Us Highway 301, Hawthorne, FL 32640 | For Sale

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For Sale $1,195,000 ($241.66 per Sq Ft)

$1,195,000 ($241.66 per Sq Ft)
  • (0)
  • 14 Units
  • 4,945 Sq Ft
  • 403,365 Sq Ft
  • Unknown Cap Rate

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!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

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.

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Listing Provided By

Daniel Colombo an agent of .


© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of May 14, 2025 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.



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