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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
  4. 229.834.4988
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  4. 7904 And 8010 Us Highway 301, HAWTHORNE, FL 32640
7904 And 8010 Us Highway 301, HAWTHORNE, FL 32640
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7904 And 8010 Us Highway 301
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  • MLS#: O6308601 ( Residential Income )
  • Street Address: 7904 And 8010 Us Highway 301
  • Viewed: 50
  • Price: $1,195,000
  • Price sqft: $186
  • Waterfront: No
  • Year Built: 1952
  • Bldg sqft: 6432
  • Days On Market: 52
  • Additional Information
  • Geolocation: 29.5812 / -82.0881
  • 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 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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Property Location and Similar Properties
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Similar
Features
Appliances
  1. Cooktop
  2. Electric Water Heater
  3. Freezer
  4. Microwave
  5. Refrigerator
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. Outbuildings
  2. Garden
  3. Lighting
  4. Sidewalk
  5. Storage
Flooring
  1. Brick
  2. Ceramic Tile
  3. Concrete
  4. Hardwood
  5. Laminate
  6. Linoleum
  7. Parquet
  8. Tile
  9. Terrazzo
  10. Vinyl
Garage Spaces
  1. 0.00
Heating
  1. Electric
  2. None
  3. Ductless
Insurance Expense
  1. 0.00
Interior Features
  1. Built-in Features
  2. Ceiling Fans(s)
  3. Crown Molding
  4. Open Floorplan
  5. Primary Bedroom Main Floor
  6. Walk-In Closet(s)
  7. Window Treatments
Legal Description
  1. COM SW COR OF NW1/4 SEC 35-10-22 RUN W INTO SEC 34-10-22 112.74 FT TO ELY R/W CR 200-A N 15 DEG E ALG R/W 1008.74 FT S 84 DEG E 355.11 FT TO WLY R/W US 301 S 25 DEG W ALG R/W 54.91 FT N 64 DEG W 27.75 FT S 25 DEG W ALG R/W 996.65 FT S 87 DEG W 55.57 FT POB OR 4199/1529
Living Area
  1. 4945.00
Lot Features
  1. City Limits
  2. Oversized Lot
  3. Paved
Area Major
  1. 32640 - Hawthorne
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Other Structures
  1. Outbuilding
  2. Shed(s)
  3. Storage
Parcel Number
  1. 19897-000-000
Parking Features
  1. Common
  2. Ground Level
  3. Other
Pets Allowed
  1. Cats OK
  2. Dogs OK
  3. Yes
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. Fire Hydrant
  6. Other
  7. Phone Available
  8. Public
  9. Sewer Available
  10. Sewer Connected
  11. Sewer Nearby
  12. Telephone Nearby
  13. Underground Utilities
  14. Water Available
  15. Water Connected
  16. Water Nearby
View
  1. Trees/Woods
Views
  1. 50
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6308601
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
  4. 229.834.4988