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$2,500,000
Est. payment /mo
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Key Details
Property Type Single Family Home
Sub Type Residential Lots
Listing Status Active
Purchase Type For Sale
MLS Listing ID 394088
HOA Y/N No
Property Sub-Type Residential Lots
Source Baldwin County
Property Description
This parcel is being sold together with the adjacent parcels Tax ID 43872 & 73737 for a total of 200 front feet on West 1st Ave and 2 accesses to West 2nd Ave for $2.5m for all 3 parcels. The 3 parcels could be combined for development as a PUD, beach business or Multi Family with commercial/retail space with City approval. Prime location for a restaurant or combination condo/commercial. Zoning allows for approximately 14 units. City of Gulf Shores is offering tax credits for development. The property is located across the street from the new Embassy Suites which opened in August and would be a prime parcel for development. It is one block from the Gulf Shores Public Beach and The Hangout. Buyer to verify all information during due diligence. Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Exterior
Utilities Available Baldwin EMC, Gulf Shores Utilities
Waterfront Description Beach Access Less Than Or Equal To Quarter Mile
View Y/N Yes
View Direct Gulf Across Road
Building
Lot Description Land, Other/See Remarks
Schools
Elementary Schools Gulf Shores Elementary
Middle Schools Gulf Shores Middle
High Schools Gulf Shores High
Others
Special Listing Condition None
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Listed by Malcolm Bond Realty, Inc.
NEARBY SCHOOL & BUSINESS
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