Direct gulf front development opportunity in extremely high revenue producing Orange Beach location. Zoned BR-: Beach Resort District (High Density) Great location for condo/hotel or other multi family type development. Zoning allows for supporting businesses contained within the building. Site was previously planned for Santorini/Soleil, a 28 unit proposed luxury condo development. Zoning allows for up to 42 units per acre and up to 20 stories. The location is just west of the Florida/Alabama state line, directly on the Gulf of Mexico. From this location you can walk to 3 restaurants, 1 bar, and 1 liquor store.
*This Payment Calculator is intended for educational and planning purposes only. **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 REALTORS® 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.
