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Key Details
Sold Price $30,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Beacon Square
MLS Listing ID U8236641
Sold Date 08/24/24
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $314
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 5040
Property Description
An incredible opportunity awaits with this vacant lot conveniently situated minutes from the Gulf of Mexico, schools, and shopping centers. This lot previously had a house built on it, meaning that a portion of the impact fees have already been taken care of. Seize the chance to construct your dream home in close proximity to the water while enjoying the added benefit of cost savings. 0.12 acres buildable lot offering significant potential in sought-after, qualified Opportunity Zone (OZ). This OZ asset provides a unique investment opportunity for an OZ investor with exclusive tax benefits including deferred taxes until 2027 and a step-up in basis to maximize returns with no tax on OZ appreciation. For accurate guidance on tax benefits, it's recommended to consult with a qualified tax professional
Location
State FL
County Pasco
Community Beacon Square
Zoning R4
Exterior
Utilities Available Other
Waterfront false
Building
Lot Size Range 0 to less than 1/4
Sewer Septic Needed
Water Public
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with STELLAR NON-MEMBER OFFICE
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