28826 Perdido Beach Blvd $9,000,000

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    28826 Perdido Beach Blvd Orange Beach, AL 36561

    • 0.92 Acres
    • Land
    • MLS# 341553
    Favorite Share
    Views: 352 Days On Site: 115

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    Property Details

    120 FEET ON THE GULF OF MEXICO - GREAT LOCATION - ZONED RM-2. Former structure on this property was a condominium complex that was condemned after hurricane Ivan. PERFECT location for a lower density high-rise w 2-3 units per floor. By-right development allows for 26 stories (6 parking-20 habitable.)

    • General Features
      • Area Orange Beach 1
      • AssociationFee 0
      • Community Features Water Access-Deeded
      • Listing Terms Cash, Conventional, FHA, Other-See Remarks, Owner Will Carry
      • Property Sub Type Unimproved Land
    • Property Features
      • Boat Facilities None
      • Lot Features Lot
      • Utilities Cable Available
      • View Direct Gulf Front
      • Waterfront Features Waterfront, Gulf Front
    • Schools
      • custom elem Orange Beach Elementary
      • custom high Orange Beach

    Contact

    India Parson

    India Parson

    Sales Associate

    000109384-0

    RE/MAX Of Orange Beach

    Cell: 251-424-4123

    Neighborhood

    36561 (Orange Beach) Demographics

    56 Median Age
    259 Population Density (per sq. mile)
    54% College Educated
    $85,503 Estimated Median Income
    2,501 Estimated Total Home Owners
    718 Estimated Total Renters
    78% / 22% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    6,774 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $700,000 Median Sales Price
    110 Homes Sold
    111 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: $9,000,000
        2/8/2023 7:58:00 AM New in Database Source: Multiple Listing Service New Value: $9,000,000

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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.