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$ 5,295,000
Est. payment | /mo
0.43 Acres Lot
$ 5,295,000
Est. payment | /mo
0.43 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Gulf Shores
MLS Listing ID 222090026
HOA Y/N No
Originating Board Florida Gulf Coast
Annual Tax Amount $18,285
Tax Year 2021
Lot Size 0.429 Acres
Acres 0.429
Property Description
BACK TO THE MARKET NOT DUE TO SELLER'S FAULT. MAJOR DEVELOPMENT OPPORTUNITY FOR BUILDERS AND INVESTORS DUE TO ITS EXCELLENT LOCATION AND UNIQUE ZONING OF THIS LOT IN THE NORTH END OF ISLAND. Zoned RPD allows for the building of a multi-unit luxury beachfront condominium with over 3000-4000sf per unit. A floor plan with four stories and three large units building with unobstructed gulf view AND bayview, pool, and 52 feet fourth floor ceiling height and 62 feet building height feet was approved by the town. Walking distance to Time Square and Bowditch Point Park. Some of the photos are digital concepts of elevations. Act fast to catch this rare opportunity. MAY CONSIDER SELLER FINANCING.
Location
State FL
County Lee
Area Gulf Shores
Zoning RPD
Interior
Fireplace No
Exterior
Utilities Available None
Waterfront Yes
Waterfront Description Gulf Frontage
View Y/N Yes
View Gulf and Bay
Present Use 08-Multi-Family-Less Than 10 Uni
Street Surface Paved
Garage No
Building
Lot Description Regular
Sewer None
Water None
New Construction No
Others
Senior Community No
Tax ID 24-46-23-W1-00900.0010
Listed by Mobley Realty Group • Grace Zeng