E Azalea Avenue Foley, AL

Welcome to this once in a lifetime investment opportunity in the Heart of Foley in an OPPORTUNITY ZONE! This offering includes four recently subdivided lots, providing a total of over 2 acres in the desirable R3 zoning district, and Flood Zone X (no flood insurance required). The potential for this ...property is vast, ranging from developing single-family homes on spacious individual lots to creating a multi-family residential development. Whether you're considering a lucrative rental income stream or crafting a community of homes, this property caters to various development aspirations with ease, as there are public utilities (water and sewer available at the road). Also, this property features No HOA allowing you to bring creative vision without restrictive covenants. The prime location in the heart of the City of Foley adds to the appeal, with convenient proximity to shopping, restaurants, South Baldwin Regional Hospital, and the sought after beaches of the Alabama Gulf Coast. This strategic locale ensures quick access to all major highways, making commuting a breeze. Don't miss out on this exceptional opportunity to shape the future of this prime real estate in Foley. Seller is willing to discuss the sale of the lots together or separately. Continue reading