$119,900 Price Analysis    ♡   Foley, AL 36535 Unknown bed 0 bath unknown SqFt ($0/SqFt) 1.48 acre lot. Listed 2024-04-13, Taxes $216 | Ⓧ USDA Ineligible due to property near Foley |
Welcome to this once in a lifetime investment opportunity in the Heart of Foley in an OPPORTUNITY ZONE!
This offering includes three recently subdivided lots, providing a total of over 1.48 +/- acres in the desirable R3 zoning district nd Flood Zone X (no flood insurance required). The potential for this property is vast, ranging from developing single-family homes on open individual lots to creating a multi-family residential development. Whether you're considering a lucrative rental income stream or crafting a community of homes, this property caters to various development aspirations with ease, as there are public utilities (water and sewer available at the road).
Also, this property features No HOA allowing you to bring creative vision without restrictive covenants. The prime location in the heart of the City of Fo ley adds to the appeal, with convenient proximity to shopping, restaurants, South Baldwin Regional Hospital and the sought after beaches of the Alabama Gulf Coast. This strategic locale ensures quick access to all major highways, making commuting a breeze. Don't miss out on this exceptional opportunity to shape the future of this prime real estate in Foley. Seller is willing to discuss the sale of the lots together or separately.
Presented by Joseph Pollard at
EXIT REALTY LANDMARK.
Property MLS #360862 from BaldwinREALTORS
Lot Description: Lot Description: 1-3 acres, Heavily Wooded Lot, Elevation-High
Lot Size Acres: 1.48
Number of Lots: 3
Lot Size Square Feet: 64469
Calculated Total Monthly Association Fees: 0
High School: Foley High
Middle School: Foley Middle
Map directions Map directions Map directions Map directionsAnnual Tax Amount: 206.60
Source Listing Status: Active
County: Baldwin
Directions: From Highway 59, turn east on Highway 98, south on Juniper Street, East Azalea Avenue. Lot corners are marked on E Azalea Avenue, look for For Sale sign.
Source Property Type: Lots and Land
Possible Use: Multi-Family, Single Family
Parcel Number: 54-08-33-1-000-048.001
Zoning: 2+ Family Residence
Property Subtype: Land
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $6,560 | $216 |
| 2021 | $unknown + $unknown $6,560 | $188 |
| 2020 | $unknown + $unknown $4,200 | $138 |
| 2019 | $unknown + $unknown $4,200 | $138 |
| 2018 | $unknown + $unknown $4,200 | $138 |
| 2017 | $unknown + $unknown $4,200 | $138 |
| 2016 | $unknown + $unknown $2,680 | $88 |
| 2015 | $unknown + $unknown $2,680 | $88 |
| 2014 | $unknown + $unknown $2,520 | $83 |
| 2013 | $unknown + $unknown $2,520 | $83 |
| 2012 | $unknown + $unknown $2,520 | $83 |
| 2011 | $unknown + $unknown $1,960 | $64 |
| 2010 | $unknown + $unknown $2,100 | $69 |
| 2009 | $unknown + $unknown $2,800 | $92 |
| 2008 | $unknown + $unknown $2,800 | $92 |
| 2007 | $unknown + $unknown $5,720 | $188 |
$119,900
BaldwinREALTORS
Sold 2024-04-18
$70,000
Public Record
Listed 2024-04-13
$160,000
BaldwinREALTORS
Water-Available
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.