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8010 Us Highway 301
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PRICED AT ONLY: $799,900

Address: 8010 Us Highway 301, Hawthorne, FL 32640

Description

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.

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  • MLS#: O6378669 ( ResidentialIncome )
  • Street Address: 8010 Us Highway 301
  • Viewed: 5
  • Price: $799,900
  • Price sqft: $144
  • Waterfront: No
  • Year Built: 1952
  • Bldg sqft: 5567
  • Bedrooms: 14
  • Total Baths: 14
  • Days On Market: 5
  • Acreage: 4.13 acres

Description

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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Garden, Lighting, OutBuildings, Storage
  • Living Area: 5567.00
  • Other Structures: Outbuilding
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: WallWindowUnits, CeilingFans
  • Heating: None
  • Sewer: PublicSewer
  • Utilities: ElectricityAvailable, MunicipalUtilities, PhoneAvailable, SewerAvailable, UndergroundUtilities, WaterAvailable, WaterConnected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Country: US
  • Interior Features: BuiltInFeatures, CeilingFans, EatInKitchen, KitchenFamilyRoomCombo, LivingDiningRoom, MainLevelPrimary, OpenFloorplan, SplitBedrooms, WalkInClosets, WoodCabinets, WindowTreatments
  • Legal Description: COM SW COR OF NW1/4 SEC 35-10-22 RUN W 112.74 FT TO ELY R/W CR 200-A N 15 DEG E ALG R/W 1008.74 FT POB CONT N 15 DEG E 391.62 FT N 87 DEG E 498.31 FT TO WLY R/W US 301 S 25 DEG W ALG R/W 485.62 FT N 84 DEG W 355.11 FT POB OR 4199/1529
  • Area Major: 32640 - Hawthorne
  • Parcel Number: 19917-001-000
  • The Range: 0.00
  • Zoning Code: CG
Nearby Subdivisions
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Details for 8010 Us Highway 301, HAWTHORNE, FL 32640
$799,900.00 ($143.69 / sqft )

8010 Us Highway 301 Virtual Tour More Like This

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 pe

  1. Request Information
  1. Bedrooms: 14
  2. Baths: 14
  3. Approx. 5567 sqft
  4. Approx. 4.13 acres
  1. MLSID: O6378669
  2. Provided by REALTY HUB
  3. Contact Daniel Colombo
  4. mfrmls
  5. DMCA Notice
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