Waterway West Blvd, Gulf Shores, AL 36542

$10,000,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$10,000,000
MLS#
391324
Status
ACTIVE
Type
Land
Acres
20
City
Gulf Shores

Property Description

A rare development opportunity along the Intracoastal Waterway in Gulf Shores. The property consists of four contiguous parcels (PPIN: 29387, 345107, 345108 and, 345116), comprising a total of 20 acres +/-, which offer approximately 800 feet of waterfront, and is one of the only large-acre properties in the area zoned R-4, High-Density Multifamily. Allowing up to 20 units per acre, with direct frontage on Waterway West Blvd., along with good elevation and minimal wetlands (only .6 acre, mainly within the setback of Waterway West Blvd), this unique site provides entitlements that are difficult to find within the Gulf Shores market.An exceptional chance to acquire one of the very few remaining high-density, waterfront-oriented development sites in a rapidly growing coastal destination. Buyer/s to verify all pertinent information Buyer to verify all information during due diligence.

Additional Information

High School
Gulf Shores High

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.

© 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 .