Commercial

148 Hwy 98
Eastpoint, FL 32328

$599,000

Bedroom bedrooms


Location Location

Agent Comments Agent Comments
Prime commercial property right in the very heart of downtown Eastpoint, Florida. Zoning Classification C-2. ~2.5 acres with over 200 feet of frontage on Highway98. Ideally located in an Opportunity Zone, this parcel bestows tremendous tax benefits depending upon the length the investment is held. Generally, opportunity zone investments held at least five years receive a cost basis step-up equal to 10% of the capital gain; investments held at least seven years receive an additional basis step-up equal to 5% of the capital gain; and capital gains from the opportunity zone investment are tax free if the investment is held at least 10 years. Please consult a tax professional or attorney for tax considerations specific to your situation. X flood zone per Franklin County records. Perfect for climate controlled storage, boat storage or a myriad of other commercial uses.

Additional Features Additional Features
  • Property Type: Unimproved Land
  • Water/Sewer: Public, Tap Fee Due
  • Year Built: 0