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850 Genoa Avenue S, Lehigh Acres, FL 33974

$17,900

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List Price: $17,900
Status: ACTIVE
MLS#: 2026020552
Price Change: ▼ $2,000 1784682830
Development: Lehigh Acres
Subdivision: Lehigh Acres

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Property Description

Beautiful quarter acre lot in growing area. A short distance from SR 82. Not far to shopping and schools. Buy now and build or hold for future investment. Located in the East Lehigh Opportunity Zone. The Opportunity Zone Program aims to foster economic development and job creation in economically distressed communities. It was created by the Federal Tax Cuts and Jobs Act of 2017 to encourage businesses, developers and financial institutions to invest long-term capital in low-income census tract areas. Tax benefits can accrue once unrealized capital gains from other investments are rolled into Qualified Opportunity Zone Funds. Benefits include deferred taxes, reduced taxes and the rolled over capital gain appreciates tax-free.

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Additional Information

Taxes: $384
Community Type: None
Acres: 0.23
Amenities: None
Water: None
Sewer: None