8010 SE US HIGHWAY 301

$799,900

$144/sq ft

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Overview

Bedroom

14

Year Built

1952

Sqft

5567

Property 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.

Property Details

MLS#

O6378669

Address

8010 US HIGHWAY 301 SE

City

HAWTHORNE

State/county

FL

Zip/Postal Code

32640

Area

N/a

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,499

Maint Fee

$--

Tax Year

2024

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Boris Gelfand