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Key Details
Sold Price $17,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Lehigh Acres
MLS Listing ID 222083223
Sold Date 08/08/23
HOA Y/N No
Annual Tax Amount $258
Tax Year 2021
Lot Size 10,628 Sqft
Property Description
Beautiful quarter acre lot in growing area. Located one block off Bell Blvd. A short distance from SR 82. Not far to shopping and schools. Buy now and build or hold for future investment. Located in the East Lehigh Opportunity Zone. The Opportunity Zone Program aims to foster economic development and job creation in economically distressed communities. It was created by the Federal Tax Cuts and Jobs Act of 2017 to encourage businesses, developers and financial institutions to invest long-term capital in low-income census tract areas. Tax benefits can accrue once unrealized capital gains from other investments are rolled into Qualified Opportunity Zone Funds. Benefits include deferred taxes, reduced taxes and the rolled over capital gain appreciates tax-free.
Location
State FL
County Lee
Community Lehigh Acres
Area La08 - Southeast Lehigh Acres
Zoning RS-1
Exterior
Community Features Non-Gated
Utilities Available Electric
Waterfront Description None
View Wooded Area
Private Pool No
Building
Lot Description Regular
Faces NE
Sewer None
Water None
Others
Senior Community No
Restrictions None/Other
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Bought with Coldwell Banker Realty
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