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    512 Hwy Eastpoint, FL 32328

    For Sale
    $575,000

    Prime Coastal Business Opportunity, 0.55 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 0.55-acre waterfront property presents a unique investment opportunity in the desirable coastal town of Eastpoint, Florida. Located on the south side of Highway 98, this C-1 zoned land offers unparalleled potential for a diverse range of commercial ventures. The two vacant parcels boast over 200 feet of depth, providing ample space for development. While dimensions are approximated from existing records and the property appraiser's website, a new survey is recommended to confirm exact measurements, as minor changes may have occurred following Hurricane Michael. The property's prime location and waterfront access make it an ideal site for businesses seeking high visibility and a connection to the natural beauty of the Gulf Coast. The C-1 zoning allows for a variety of commercial uses, providing flexibility for potential buyers. This is a rare chance to acquire a substantial waterfront parcel in a thriving coastal community, ready for your vision to take shape. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Buyers are responsible for conducting their own due diligence, including obtaining a new survey to verify property dimensions. The listed price reflects the current market value and the significant potential of this unique location. Don't miss this opportunity to secure a piece of Eastpoint's vibrant future.

    Property Features for 512 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    23,958 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Eastpoint
    County
    Franklin County
    State
    Florida
    Longitude
    -84.86911
    Latitude
    29.742

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Coastal Business Opportunity, 0.55 Acres
    Where is this commercial real estate located?
    The property is located at 512 Hwy Eastpoint, FL.
    What is the asking price?
    The asking price for this property is $575,000.
    (850) 927-2282
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    512 Hwy Eastpoint, FL 32328
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    512 Hwy Eastpoint, FL 32328
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