6.6 Acres MutliFamily Site on IntraCoastal Canal in Gulf Shores

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30724993
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family), Vacation/Resort, Other
Status: Pending/Contingent
Gross Land Area: 6.60 Acres
Sale Price: $1,100,000
Unit Price: $166,666 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2021

Overview / Comments

Excellent shovel-ready waterfront development opportunity in Gulf Shores! 6.6 acres on the Intracoastal Waterway zoned for 20 units per acre. 260' ICW frontage, deep water. Property fronts County Road 4 in Gulf Shores.

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Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-66-03-07-1-000-001.060
Zoning: MULTIFAMILY RESIDENTIAL (R-4)
Property Located Between: Bienville Avenue & West 6th Street
Property Visibility: Excellent
Legal Description: 6.6 AC IRR PARCEL "B" BON SECOUR VILLAGE SOUTH SUB SLIDE 247 7-B THRU 2477-E LYING IN THE CITY OF GULF SHORES SEC 7-T9S-R 4E
Largest Nearby Street: Hwy 59
Highway Access: County Road 4/Oyster Bay Road East to Hwy 59
Airports: Jack Edwards Airport
Site Description: Excellent shovel-ready waterfront development opportunity in Gulf Shores! 6.7 acres on the Intracoastal Waterway zoned for 20 units per acre. 260' ICW frontage, deep water. Property fronts County Road 4 in Gulf Shores.
Lot Frontage: 260'
Lot Depth: 1062'
Zoning Description: R-4: Residential Multi-Family High Density
Topography: Level
Easements: Utilities
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,965 10,284 18,739
Median Age: 47.39 40.57 41.17
Households: 882 4,599 8,202

Contact

Photograph of Listing Agent

Ken Crabtree

Signature Properties Gulf Coast CMLS Member
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