MULTI-FAMILY ZONED 2.74 ACRE LOT IN FT. MORGAN - WATER FRONT

Vacant Land for Sale
Catylist Listing ID: 30874740
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 2.74 Acres
Sale Price: $1,600,000
Unit Price: $583,941 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 6/28/2024

Overview / Comments

Lot 78 of Gulf Beach Subdivisioin A, a 50'(S) X 1450'(S) Irregular shaped lot in Ft. Morgan. This is a Gulf Front property in Fort Morgan across the street from Tacky Jacks and Fort Morgan Marina, and on the same side as The Dunes and Fort Morgan Townhomes. This parcel is Zoned RMF-6 Multi Family Residential Development( 6 Units per Acre).

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Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-66-04-18-4-000-030.000
Property Located Between: Highway 180 West - 18.5 miles West of Highway 59 South
Legal Description: Lot 78, 50'(S) X 1450'(S) Irr Gulf Beach Sub "A"
Largest Nearby Street: Highway 180 West
Feet of Frontage: 50
Airports: Gulf Shores Municipal
Lot Frontage: 50'
Lot Depth: 1450'
Zoning Description: Zoned RMF-6 Multi Family Residential Development( 6 Units per Acre).
In Flood Plain?: Yes
Easements: Ingress/Egress
Soil Type: Sandy

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,965 7,522 15,595
Median Age: 47.39 40.75 41.64
Households: 882 3,356 6,968

Contact

Photograph of Listing Agent

Susan Bibby

Coastal Resort Realty
Gulf Coast CMLS Member
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