Development Opportunity Awaits - 3.9 ac Parcel - Gulf Shores

Vacant Land for Sale
Catylist Listing ID: 30872401
Property Subtypes: Multi-Family, Residential (Single Family), Vacation/Resort
Gross Land Area: 3.90 Acres
Sale Price: $575,000
Unit Price: $147,435 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/10/2024

Overview / Comments

Don't miss out on this development opportunity that embodies coastal living at its finest. Whether you're an experienced developer or an ambitious entrepreneur, this 3.9-acre parcel offers the perfect canvas to turn your vision into reality. Land Planner has prepared concept plans for 3 different development plans—a 14-unit condominium, a collection of five single-family cottages, and an eight-townhome project. Incredible unobstructed views of the bay. Subject property is adjacent to Navy Cove Condominiums. Current Wetlands Delineation and Survey in hand. Conceptual planning concepts available upon request.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-69-08-02-0-004-006.004
Property Visibility: Excellent
Legal Description: 443.4 X 380 IRR BEG AT THE SE COR OF LOT 1 GULF BEACH SUB A RUN E 100 TO POB TH CONT E LY 443.4 TH N
Largest Nearby Street: State Hwy 180
Lot Frontage: 443'
In Flood Plain?: Yes
Topography: Other
Available Utilities: Electric, Water, Sewer

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 433 433
Median Age: 58.42 58.42
Households: 216 216

Contact

Photograph of Listing Agent

Kevin S. Corcoran

RE/MAX of Gulf Shores Gulf Coast CMLS Member
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