E Azalea Ave, Foley, AL 36535

$299,000

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List Price
$299,000
Price Change
▼ $25,000 1784203782
Status
ACTIVE
MLS#
388322
Acres
2
County
Baldwin
Region
Baldwin
Legal Description
118.5' X 400' IRR BEG AT SE COR OF SE1/4 OF THE SW1/4 SEC 28 RUN N 30', TH W 435'(S) FOR THE POB, TH CONT W 118.5', TH N 400', TH E 120.3', TH S 400' TO THE POB SEC 28-T7S-R4E AND 103' X 400' BEG AT THE SE COR OF THE SW1/4 OF SEC 28 RUN N 20' TH W 20' TH N 400' TH W 309' FOR POB SEC 28-T7S-R4E

Property Description

Seller Offering Optional Owner Financing! Investment Property! Exceptional and rare opportunity in Foley! This offering includes two contiguous parcels totaling approximately 2 acres. Previously engineered and reviewed for a PUD-style concept, the property comes with extensive surveys, reports, and civil construction documents, along with prior ADEM and City of Foley review and approvals. Centrally located, the site is just minutes from OWA, downtown Foley, local schools, major shopping, and Gulf Coast beaches. The prior design concept featured a unique "pocket neighborhood" layout with clustered cottages, shared green space, and walkable internal pathways. Architectural, structural, and landscape plans are available, including drawings for a 1,560 sq ft carriage house and 1,170 sq ft cottages. This flexible site can be adapted for a range of development opportunities including build-to-rent communities, small-lot infill, cottage courts, or attainable/affordable housing. Located within an Opportunity Zone for potential tax advantages, this is a turnkey development opportunity in one of Baldwin County's fastest-growing corridors. Optional owner financing available for qualified buyers. Buyer to verify all information during due diligence.

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Listing courtesy of Signature Properties.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .