6880 SE 221st Street
Hawthorne, FL 32640

$174,900

-- Opportunity Zone & Hawthorne CRA. -- Convenient to Hawthorne Industry Park. -- Zoned C-CBD. -- Residential, Office, Retail, Medical, Dental and many more. -- City Hall, Wrap Shack, ACE Hardware. -- 1,898 SF Downstairs - Finished. -- 1,378 SF Upstairs - Unfinished. -- Updated 2007. Seller financing may be available for up to 15 years w/ 20% down. Plumbing, Electric & A/C updated in 2007. Opportunity Zone benefits: Permanent exclusion of taxable income on new gains; Temporary deferral of taxes on previously earned capital gains; Basis step-up of previously earned capital gains invested. For more, see: https://www.taxpolicycenter.org/briefing-book/what-are-opportunity-zones-and-how-do-they-work and https://www.irs.gov/credits-deductions/opportunity-zones-frequently-asked-questions . Hawthorne is working hard on its economic development. As Weyerhauser promotes the massive Hawthorne Industry Park and Florida Chamber forecasts an additional 45,000 people for this MSA, the impact of economic and population growth could be very dramatic.

Basic Information
MLS#: 437555
Price: $174,900
Square Footage: 1898
Price / Square Foot: $92.15
Acreage: 0.00
Property Type: Commercial
Details
Listing Courtesy Of: NAI Heritage, LLC