Incredible opportunity to have a 6 Bedroom beach house and to develop this pristine 8+/- Acre Gulf front property with 200' total of water front in Fort Morgan. These are lots 6 & 7 and will only be sold together. Both lots (PPIN #021601 & #039516) are zoned RTF-4 in Planning District 25 section 2.3.25 which is 2 family residential. Subdivide the property and have the capability to build 2 Gulf front houses and 1 more second tier house on the same property for a total of 3 new beach houses. Best part is there is Beautifully updated 6 bedroom, 4 bath beach home on lot 6 that is bringing in around $115k per year in rent with a Tiny House that does around $40k per year sitting up high on the dune with incredible views. Have great income while you build your dream homes for investment or to sell. Both lots must be sold together. Seller will not sell separate. Come get your slice of paradise and build your dream homes today.
|--||New Value: $2,900,000|
|8/7/2021 10:27:32 AM||New Value: $2,900,000|
|6/4/2021 2:17:00 PM||New Value: $3,200,000|