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
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eastpoint
- County
- Franklin
- State
- Florida
- Longitude
- -84.8713
- Latitude
- 29.7983
