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Property profile & analytics

407 Hwy Eastpoint, FL 32328

  • Commercial real estate
  • 1.23 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 407 Hwy

Year built
1900
Lot size
1.23 lot acres
Property type
Commercial real estate

Description

This exceptional 1.23-acre commercial property boasts a prime location on Highway 98 in Eastpoint, Florida, offering unparalleled access to the stunning Forgotten Coast. The property includes waterfront access to Apalachicola Bay, providing significant potential for various commercial ventures. Across the highway, an additional bay view parcel is also included in this offering. The bayfront parcel is zoned C-1 Commercial Fishing, while the parcel north of Highway 98 is zoned C-4 Commercial Residential Mixed Use, allowing for diverse development possibilities. This versatile property presents a unique opportunity for investors seeking a strategic location near the white sand beaches of St. George Island and the vibrant shops and restaurants of historic Apalachicola. The site's history as Ard's Grocery & Service Station, a long-standing family business, adds to its rich character. Potential buyers should review the provided documents regarding environmental cleanup. The property's location within an Opportunity Zone may offer valuable tax benefits, further enhancing its investment appeal. This is a rare chance to acquire a significant commercial holding in a rapidly growing coastal community. The property's dual zoning and waterfront access create a multitude of development options, making it an attractive investment for both short-term and long-term growth. Serious inquiries are encouraged to explore the full potential of this remarkable property.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Eastpoint
County
Franklin
State
Florida
Longitude
-84.8713
Latitude
29.7983
More about this property
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