25122 Perdido Beach Blvd, Orange Beach, AL 36561

$4,000,000

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List Price
$4,000,000
Status
ACTIVE
Days on Market
777
MLS#
363696
Subtype
Land
Year Built
1965
Acres
0.44
Subdivision
Romar Vista
MLS Area Major
Baldwin

Property Description

400' of prime frontage on Perdido Beach Blvd. The property consists of (4) vacant land lots fronting Perdido Beach Blvd, (4) lots consisting of (3) free standing retail centers. This property would be an excellent opportunity for a mixed-use development or high end vacation rental properties. Commercial/Retail - If the existing structures are torn down, a commercial building as large as 5000 sf could be built, anything larger and there would not be adequate parking spots and would need to have PUD approval to do anything larger than 5000 sf. Existing structures have been there since pre 1950s and some believe to be some of the oldest structures still remaining on Perdido Beach Blvd. These buildings could be completely restored and to create a must stop shopping experience for locals and tourist. Vacation Rental Redevelopment - There are (8) originally platted lots on the property with each lot measuring 50' x 100'. Single Family or a duplex could be built on each lot BY RIGHT. No need for PUD approval to build (8) single family homes or duplexes. Buyer to verify all information during due diligence.

Additional Information

Financing
Cash, Portfolio
Elementary School
Orange Beach Elementary
Middle School
Orange Beach Middle
High School
Orange Beach High
View
Gulf

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Calculator source: Real Geeks

Listing courtesy of Lewis & Co. Real Estate.

© 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 .