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About This Home
This land at 850 Genoa Avenue S in Lehigh Acres, FL is listed for $19,900 (0.23 acres).
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.
Key Features
- 0.23 acre lot
Location
850 Genoa Avenue S
Lehigh Acres, FL 33974
LEHIGH ACRES
Questions & Answers
This 0-bedroom, 0-bathroom land at 850 Genoa Avenue S is listed at $19,900. The estimated monthly payment is $86 based on 20% down at 6.5% interest.
Key features include: 0.23 acre lot.
This property is listed by Fred Elliott and can be reached at 2393577877 or BrokerFred@yahoo.com.
