1308 State Highway 180 $2,600,000

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    1308 State Highway 180 Gulf Shores, AL 36542

    • 8.00 Acres
    • Lots and Land
    • MLS# 318302
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    Views: 226 Days On Site: 70

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    Property Details

    Incredible opportunity to develop this pristine 8+/- Acre Gulf front property with 200' total of water front in Fort Morgan. These are lots 6 & 7 and will only be sold together. Both lots (PPIN #021601 & #039516) are zoned RTF-4 in Planning District 25 section 2.3.25 which is 2 family residential. Build a Duplex or dream home high up on the dune with no flood insurance required and enjoy the vast views of the Gulf of Mexico. Best part is there is a Beautifully updated 6 bedroom, 4 bath beach home on lot 6 that is bringing in around $110k per year in rent with a Tiny House that does around $30k per year sitting up high on the dune with incredible views. Have great income while you build your dream home for investment or to sell. Both lots must be sold together. Seller will not sell separate. Come get your slice of paradise and build your dream home today.

    • General Features
      • Area Fort Morgan
      • Association Fees 0
      • County Baldwin
      • Property Taxes 4592
      • Property Type Land
      • Terms of Sale Cash
    • Building Features
      • Boat Facilities None
      • Community Amenities None
    • Property Features
      • Apx Acreage 8
      • Lot Size 200 x 1,665
      • Lot Description 5-10 acres, Waterfront
      • Utilities Cable TV, Sewage-City Available, Sewage-Septic, Water-City
      • Lot Type Land
      • Water Property Type Gulf Front

    Contact

    India Parson

    India Parson

    Sales Associate

    000109384-0

    RE/MAX Of Orange Beach

    Cell: 251-424-4123

    Neighborhood

    36542 (Gulf Shores) Demographics

    49 Median Age
    257 Population Density (per sq. mile)
    42% College Educated
    $51,138 Estimated Median Income
    3,371 Estimated Total Home Owners
    2,396 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    13,494 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $385,000 Median Sales Price
    148 Homes Sold
    131 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,600,000
        9/24/2021 4:27:44 PM Price Reduced Source: Multiple Listing Service New Value: $2,600,000 -10.34%
        8/7/2021 10:28:00 AM New in Database Source: Multiple Listing Service New Value: $2,900,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Baldwin REALTORSĀ® Association. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.