Property Type:Residential Detached
On Site:57 Days
Lot Size:8 Acres
Incredible opportunity to have a 6 Bedroom beach house and 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. Subdivide the property and have the capability to build 2 Gulf front houses and 1 more second tier house on the same property for a total of 3 new beach houses. Best part is there is Beautifully updated 6 bedroom, 4 bath beach home on lot 6 that is bringing in around $115k per year in rent with a Tiny House that does around $40k per year sitting up high on the dune with incredible views. Have great income while you build your dream homes 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 homes today.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Listing Information Last Updated 7/30/2021
Listing provided courtesy of Re/Max Paradise.
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1322 & 1308 State Highway 180
List Price: $3,200,000
This property at 1322 & 1308 State Highway 180, Gulf Shores, AL 36542 is located in the subdivision and is listed for $3,200,000. MLS® 315065 has been on the market for 56 days.