Direct gulf front development opportunity in extremely high revenue producing Orange Beach location. Zoned BR-: Beach Resort District (High Density) Great location for condo/hotel or other multi family type development. Zoning allows for supporting businesses contained within the building. Site was previously planned for Santorini/Soleil, a 28 unit proposed luxury condo development. Zoning allows for up to 42 units per acre and up to 20 stories. The location is just west of the Florida/Alabama state line, directly on the Gulf of Mexico. From this location you can walk to 3 restaurants, 1 bar, and 1 liquor store.
- Price:
- $4,000,000
- Acreage:
- 1.21
- Listing ID #:
- 306569
- Street Address:
- 29538 Perdido Beach Blvd
- City:
- Orange Beach
- State:
- Alabama
- Postal Code:
- 36561
- County:
- Baldwin
- Community:
- Orange Beach 1
- Listing Status:
- Active
PRESCHOOL-6
450 students
14 student/teacher
- View:
- Direct Gulf Front, Indirect Bay-Across Rd
- Federal Flood Zone:
- Ve, Ae, 0.2 Pct
- Lot Description:
- Other-See Remarks
- Lot Size:
- 124x434
- Suitable Use:
- Business/Comm, Multi-Family, Single Family
- For Sale Or Lease?:
- For Sale
- Terms:
- Cash, Conventional
- Price Per Square Foot:
- 3305785.12
- Property Taxes:
- $14,000
- Water Name:
- Gulf Of Mexico
- Waterfront:
- 1
- Waterfront Footage:
- 125
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Alabama Getaway Sales & Rental
