204 E Beach Blvd

Vacant Land for Sale
Catylist Listing ID: 30211750
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Vacation/Resort
Gross Land Area: 36,000 SF
Sale Price: $4,450,000
Unit Price: $123.61 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/16/2018

Overview / Comments

The dimensions of these 4 lots combined is 150' wide by 240' deep, in the heart of Gulf Shores public beach area. The road frontage is 150' on Beach Boulevard and 150' on East 1st Ave. Zoning is BT-4, Tourist Business High Density. This zoning is quite flexible allowing many uses from residential (up to 42 units per acre), amusement, and retail. The Beach Road is currently being renovated to enhance the walk-ability of Gulf Place, and the Public Beach, across the street, is currently being revitalized (http://www.gulfshoresal.gov/878/Gulf-Place-Revitalization). By summer 2019, this beach area will have a total face lift and this property is right in the middle of it all. Two of the lots on this property have single family homes which are currently in a rental program. This property consists of 4 separate but adjacent parcels.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-66-04-20-1-000-160.000
Zoning: BT-4
Property Visibility: Excellent
Legal Description: The property consists of lots 2, 3, 4, 22, 23, 24 of Block 11 Unit 1 with 4 separate PPIN #'s : 020534, 072432, 045774, 035865.
Largest Nearby Street: East Beach Boulevard
Feet of Frontage: 150
Highway Access: From Highway 59, turn east on Beach Boulevard. The property is on the north side of Beach Boulevard in the 2nd block from Highway 59.
Airports: Jack Edwards
Site Description: Level property
Area Description: The center of tourist and beach activity in Gulf Shores, Alabama
Lot Frontage: 150
Lot Depth: 240
Zoning Description: Business Tourism High Density (BT-4), Zoning ordinance in other documents
In Flood Plain?: Yes
Topography: Level
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,630 12,457
Median Age: 43.29 40.38
Households: 1,659 5,545

Contact

Photograph of Listing Agent

Frank Malone

Bellator Real Estate and Development
The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.