204 W 1st Ave, Gulf Shores, AL 36542
- $2,500,000
- List Price
- $2,500,000
- Status
- ACTIVE
- MLS#
- 394088
- County
- Baldwin
- Region
- Baldwin
- Legal Description
- 100X198 Irr Gulf Shores Unit 1 Blk 26 S1 2 Of Lot 8 & All Of Lot 9 Sec 20 T9s R4e
Property Description
This parcel is being sold together with the adjacent parcels Tax ID 43872 & 73737 for a total of 200 front feet on West 1st Ave and 2 accesses to West 2nd Ave for $2.5m for all 3 parcels. The 3 parcels could be combined for development as a PUD, beach business or Multi Family with commercial/retail space with City approval. Prime location for a restaurant or combination condo/commercial. Zoning allows for approximately 14 units. City of Gulf Shores is offering tax credits for development. The property is located across the street from the new Embassy Suites which opened in August and would be a prime parcel for development. It is one block from the Gulf Shores Public Beach and The Hangout. Buyer to verify all information during due diligence. Buyer to verify all information during due diligence.
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Listing courtesy of Malcolm Bond Realty, Inc..
© 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 .