933 Commodore Street, Lehigh Acres, FL 33974

Property Description

Oversize lot in growing area of Lehigh Acres. Near the intersection of Eisenhower Blvd. and SR 82. This lot gives you the extra room you desire. This is a great site to build your dream home and add a detached garage or building for all your toys! Or buy now and hold for an investment. Seller has additional lots available for a potential package deal. This property is 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.