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Property profile & analytics
OFF-MARKET
Mixed-use properties

407 Us-98 Eastpoint, FL 32328

1.23 ac lot
Property ID
Property summary
AI-generated overview

Exceptional redevelopment opportunity on 1.23 acres of waterfront commercial land in Eastpoint, Florida. This prime coastal property boasts a coveted location on US Highway 98, less than 10 minutes from St. George Island's beaches and Apalachicola's historic downtown. The property includes waterfront access to Apalachicola Bay and a bay view parcel across the highway. Zoning is diverse, encompassing C-1 Commercial Fishing for the bayfront parcel and C-4 Commercial Residential Mixed Use for the parcel north of Highway 98. This versatile land offers significant potential for various commercial and residential ventures. The site's history as Ard's Grocery & Service Station, a long-standing family business, adds to its rich character. Complete environmental cleanup documentation is available for review. The property's strategic location and zoning flexibility, coupled with the potential for Opportunity Zone tax benefits, make this a truly exceptional investment prospect. The asking price is $995,000. APN: 31-08S-06W-0000-1080-0000. Ownership: Connie Ard Roehr et al.

Property profile
Verified
Property type Mixed-use properties
Lot 1.23 ac (53,579 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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