1322 & 1308 State Highway 180 $2,900,000

    Close

    1322 & 1308 State Highway 180 Gulf Shores, AL 36542

    • 6 Beds
    • 4 Baths
    • 1,934 sq. ft.
    • Single Family
    • MLS# 315065
    Favorite Share
    Views: 3107 Days On Site: 111

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Description Tours

    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.

    • General Features
      • Area Fort Morgan
      • Association Fees 0
      • County Baldwin
      • Property Taxes 4592
      • Property Type Residential Detached
      • Terms of Sale Cash
      • Year Built 1981
    • Building Features
      • Appliances Dishwasher, Dryer, Range-Electric, Refrigerator, Washer
      • Apx Living Area 1,934
      • Full Bathrooms 4
      • Boat Facilities None
      • Community Amenities None
      • Bedrooms 6
      • Construction Foundation Pilings
      • Construction Status Resale
      • Exterior Finish Wood
      • Floors Tile, Wood
      • Furnished Yes
      • Garage Single Carport, Three or More Vehicles
      • Half Bathrooms 0
      • Heat Cooling Central Electric (Cool), Heat Pump
      • Master Bedroom Dimensions 11.3 x 15.4
      • Master Bedroom Level Main Level
      • Property Amenities Ceiling Fan(s), Covered Patio
      • Property Interior Stories 2
      • Roof Metal
      • Style Cottage
    • Room Features
      • Kitchen Level Main Level
      • Bedroom 5 Dimensions 10.3 x 9.2
      • Bedroom 5 Level Lower Level
      • Great Room Dimensions 20 x 25
      • Great Room Level Main Level
      • Kitchen Dimensions 10 x 25
      • Bedroom 2 Dimensions 9.7 x 18.6
      • Bedroom 2 Level Main Level
      • Bedroom 3 Dimensions 9.6 x 11.6
      • Bedroom 3 Level Main Level
      • Bedroom 4 Dimensions 10.6 x 13.3
      • Bedroom 4 Level Lower Level
    • Property Features
      • Apx Acreage 8
      • Lot Description 5-10 acres
      • Lot Size 200 x 1,665
      • Utilities Cable TV, Sewage-City Available, Sewage-Septic, Water-City

    Contact

    Leigh McPherson

    Leigh McPherson

    Associate Broker

    00050501

    RE/MAX Of Orange Beach

    Direct: 251-975-3340

    Neighborhood

    36542 (Gulf Shores) Demographics

    49 Median Age
    257 Population Density (per sq. mile)
    42% College Educated
    $51,138 Estimated Median Income
    3,371 Estimated Total Home Owners
    2,396 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    13,494 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $423,000 Median Sales Price
    161 Homes Sold
    144 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,900,000
        8/7/2021 10:27:32 AM Price Reduced Source: Multiple Listing Service New Value: $2,900,000 -9.38%
        6/4/2021 2:17:00 PM New in Database Source: Multiple Listing Service New Value: $3,200,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Baldwin REALTORSĀ® Association. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.