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Gelfand Realty Miami Properties - Other Land

1022 N FEDERAL HWY, BOYNTON BEACH, FL 33435

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Other Land - LAKE ADD TO BOYNTON

1022 N FEDERAL HWY, BOYNTON BEACH, FL 33435

Sold Price$1,000,000 Asking Price$1,092,000

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  • Days on market:

    317 day(s)
  • Original Price:

    $970,000
  • Tax Legal Description:

    LAKE ADD TO BOYNTON LTS 20 THRU 22 (LESS WLY 17 FT FEDERAL HWY R/W) & 20 FT ABND ALLEY LYG E OF & ADJ TO BLK 3
  • Tax Year:

    2022
  • Property Type:

    Land
  • Waterfrontage (sqft):

    132
  • Lot Features:

    City Location Less Than 1 Acre

Description

$1,092,000

Location location location!!!! commercial corner lot vacant land on corner of busy federal and martin luther king. this property happens to be located in the "opportunity zone". one of the major benefits afforded by opportunity zones primarily include the permanent exclusion of taxable income on any new capital gains. very rare, but it is this property! zoned c-4 good for car wash, hotel/motel, restaurant, health facility, urgent care, laundry and many more options to build. great opportunity in an up and coming area. close and conveniently located to numerous national retailers such as publix, panera, and wells fargo bank to name a few. seller is motivated and ready to review your offer. structure on property is a total knockdown. price is for the land only. call with any questions!

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