3321 S Mckenzie St, Foley, AL 36535

$3,995,000

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List Price
$3,995,000
Price Change
▼ $830,000 1784834925
MLS#
395888
Acres
28
County
Baldwin
Region
Baldwin

Property Description

Nestled in the heart of Foley, Alabama, this parcel is a prime investment opportunity to purchase a parcel that is City-approved for 192 townhomes, that boasts a thoughtful mix of rear-entry and front-entry residences and also qualifies for the Opportunity Zone act. The site plan offers over 11 acres of open space and amenities, it promises an unparalleled living experience. Conveniently located near major highways like Highway 59 and the Foley Beach Express, residents can easily access Gulf Coast beaches and enjoy the vibrant downtown Foley. The area's diverse dining scene, including renowned establishments like Lambert's Cafe, adds to the appeal. Additionally, the adjacent 21.54 acres are available with approval for 400 multifamily apartments, providing an option for expanding investment opportunities. Don't miss the chance to own a piece of this thriving community in Foley. Take a look at Juniper Street Townhomes property today. Buyer to verify all information during due diligence.

Additional Information

Acres
28

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Calculator source: Real Geeks

Listing courtesy of RE/MAX of Orange Beach.

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