Condo Development Land Gulf Front Orange Beach

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30573700
Property Subtypes: Multi-Family, Vacation/Resort
Status: Pending
Gross Land Area: 2.35 Acres
Sale Price: $6,900,000
Unit Price: $2,936,170 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/2/2021

Overview / Comments

Great development parcel just east of the Cotton Bayou State Park and west of the Tides Best Western Premier Hotel. Gulf Front development parcel zoned BR-2 (42U/acre) with appr. 230' X 445'. Appr. 2.35ac. allowing 99 condo units. Centrally located in Orange Beach just west of Orange Beach Parkway.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Orange Beach
Tax ID/APN: 05-65-02-09-0-002-053.000
Zoning: BR-2
Property Located Between: Hwy 161 and Perdido Pass
Property Visibility: Excellent
Largest Nearby Street: Perdido Beach Blvd
Feet of Frontage: 255
Traffic/Vehicle Count: 15,000
Highway Access: South on Foley Beach Express to east on Canal Rd. to south on Hwy 161, east to parcel
Airports: Gulf Shores/ Pensacola
Site Description: 2.35 acres zoned BR-1 with 255' on the gulf. Rolling sand dunes
Area Description: Parcel is in the middle of Orange Beach, AL
Lot Frontage: 235'
Lot Depth: 445'
Zoning Description: BR-2 allows 99 condo units
In Flood Plain?: Yes
Topography: Rolling
Easements: Other
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,078 15,064
Median Age: 44.16 42.98
Households: 1,787 6,632


Photograph of Listing Agent

David Milstead

Bellator Commercial Gulf Coast CMLS Member
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