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204 West 1st Avenue

Gulf Shores AL 36542

Land
Currently for sale - view listing

Overview

This parcel is being sold together with the adjacent parcels Tax ID 43872 & 73737 for a total of 200 front feet on West 1st Ave and 2 accesses to West 2nd Ave for $2.5m for all 3 parcels. The 3 parcels could be combined for development as a PUD, beach business or Multi Family with commercial/retail space with City approval. Prime location for a restaurant or combination condo/commercial. Zoning allows for approximately 14 units. City of Gulf Shores is offering tax credits for development. The property is located across the street from the new Embassy Suites which opened in August and would be a prime parcel for development. It is one block from the Gulf Shores Public Beach and The Hangout. Buyer to verify all information during due diligence. Buyer to verify all information during due diligence.

Features

Land

Happy sellers in Gulf Shores

71%
71% of sellers in Gulf Shores reported that their sale price either exceeded or met their price expectations.

Gulf Shores stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in Gulf Shores over the last 12 months.

Local market activity for land plots in Gulf Shores

In the last 12 months, 102 land plots similar to 204 West 1st Avenue, have been sold.

This represents a 20% increase in land plots sales when compared to the previous 12 months.

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