$2,562,500
$2,950,000
13.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
864 SqFt
SOLD DATE : 11/18/2024
Key Details
Sold Price $2,562,500
Property Type Single Family Home
Sub Type Cottage
Listing Status Sold
Purchase Type For Sale
Square Footage 864 sqft
Price per Sqft $2,965
Subdivision Gulf Beach
MLS Listing ID 356490
Sold Date 11/18/24
Style Cottage
Bedrooms 2
Full Baths 1
Construction Status Resale
Year Built 2008
Annual Tax Amount $3,949
Lot Size 0.910 Acres
Lot Dimensions 100 x 393
Property Description
INVESTOR ALERT ! This 100 feet on the Gulf offers a rare opportunity to take advantage of its HIGH DENSITY ZONING TO DESIGN/BUILD UP TO 12 DIRECT GULF FRONT LUXURY RESIDENCES in an area of extreme low density. With almost no new properties currently being offered on Perdido Key, the demand potential goes without saying. Built in 2008, the existing beach cottage is picture perfect and in excellent condition, able to act as a Sales & Development Center if desired, or simply enjoy as a low maintenance, high value "Retreat" for the family. With a very limited number of properly zoned properties and even fewer permits being allocated, such opportunities are fast disappearing on Perdido Key. Even as a stand-alone property, this Gulf-front residence will provide excellent quality time for your family on an uncrowded Gulf beach and continue to grow in value over time.
Location
State AL
County Escambia
Area Perdido Key
Interior
Interior Features Ceiling Fan(s), Internet
Heating Central
Cooling Central Electric (Cool)
Flooring Tile
Fireplace Yes
Appliance Dishwasher, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer, Cooktop, Electric Water Heater
Laundry Main Level
Exterior
Parking Features Double Carport, Single Garage
Community Features None
Utilities Available Cable Available, See Remarks, Cable Connected
Waterfront Description Gulf Front - Building
View Y/N Yes
View Direct Gulf Front
Roof Type Composition
Garage Yes
Building
Lot Description Less than 1 acre, Waterfront
Story 1
Foundation Pilings, Slab
Architectural Style Cottage
New Construction No
Construction Status Resale
Schools
Elementary Schools Not Baldwin County
Middle Schools Not Baldwin County
High Schools Not Baldwin County
Others
Ownership Whole/Full
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