Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
8010 Us Highway 301, HAWTHORNE, FL 32640
  • MLS#: O6276580 ( Residential Income )
  • Street Address: 8010 Us Highway 301
  • Viewed: 17
  • Price: $899,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1952
  • Bldg sqft: 0
  • Days On Market: 19
  • Additional Information
  • Geolocation: 29.5829 / -82.0873
  • County: ALACHUA
  • City: HAWTHORNE
  • Zipcode: 32640
  • Provided by: REALTY HUB
  • Contact: Daniel Colombo
  • 407-900-1001
  • mfrmls
  • DMCA Notice
  • Description
    Welcome to an exceptional investment opportunity in Hawthorne, FL, offering a remarkable yearly ROI of 14.88% at a competitive purchase price of $899,900. This 14 unit multi family property, comprising four 1 bedroom/1 bath units and ten studio apartments, promises substantial revenue potential with the addition of coin laundry facilities and mobile home/RV lots. Anticipate a market value increase to $1,050,000 by Year 2. 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 turnkey property is an investor's dream, offering modern amenities and a strong rental income stream.
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Awning(s)
  2. Lighting
  3. Sidewalk
  4. Sliding Doors
  5. Storage
Garage Spaces
  1. 0.00
Heating
  1. None
Interior Features
  1. Built-in Features
  2. Ceiling Fans(s)
  3. Crown Molding
  4. Living Room/Dining Room Combo
  5. Open Floorplan
  6. Primary Bedroom Main Floor
  7. Walk-In Closet(s)
Legal Description
  1. 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
Living Area
  1. 5567.00
Area Major
  1. 32640 - Hawthorne
Net Operating Income
  1. 0.00
Parcel Number
  1. 19917-001-000
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 10
Utilities
  1. BB/HS Internet Available
  2. Cable Available
  3. Electricity Available
  4. Electricity Connected
  5. Fiber Optics
  6. Fire Hydrant
  7. Phone Available
  8. Public
  9. Sewer Available
  10. Sewer Connected
  11. Sewer Nearby
  12. Street Lights
  13. Telephone Nearby
  14. Underground Utilities
  15. Water Available
  16. Water Connected
  17. Water Nearby
Views
  1. 17
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6276580
Water Source
  1. Public
Year Built
  1. 1952
Zoning Code
  1. CG
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Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177