Atmore, AL 36502,1323 Florida Highway
Atmore, AL 36502,1323 Florida Highway
Atmore, AL 36502,1323 Florida Highway
Atmore, AL 36502,1323 Florida Highway
Atmore, AL 36502,1323 Florida Highway
Atmore, AL 36502,1323 Florida Highway
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$450,000

$525,000

14.3%
Est.Price: ?

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Est. payment /mo

12 Beds

9 Baths

8,958 SqFt


SOLD DATE : 05/29/2024

Key Details

Sold Price $450,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 8,958 sqft

Price per Sqft $50

Subdivision Canoe

MLS Listing ID 355586

Sold Date 05/29/24

Bedrooms 12

Full Baths 8

Half Baths 1

Construction Status Resale

Year Built 1975

Annual Tax Amount $2,026

Lot Size 2.240 Acres

Lot Dimensions 315' x 310'

Property Description

Exceptional Multi-Family Investment Opportunity Minutes from Atmore, AL! Introducing a prime investment strategically located just 5 minutes from downtown Atmore. This meticulously maintained property commands over 8000 sqft across two stories with 12 beds and 8 1/2 baths. This expansive 2.24+/- acre property redefines possibilities, presenting a multi-family / investment opportunity for those with a keen eye for versatile real estate. From capitalizing on the income potential through rental units to establishing a live/work environment tailored to your professional pursuits, the possibilities are as expansive as the property itself. Offering a surplus of space, the property provides an ideal canvas for various configurations catering to potential tenants or residents. Two Profitable separate 2 bed/1 bath apartments have been used as an Airbnb, presenting an enticing income stream. With private entrances and patios, each of the two units is versatile, catering to short-term rentals, long-term leases, or live/work arrangements. One unit is situated upstairs, while the other is located downstairs. From the spacious deck off the living room to the 552 sqft party/bonus room of the main kitchen, this property's design offers additional income potential as an event venue, or for hosting unforgettable gatherings. The main floor includes 2 primary bedrooms with ensuites, 4 additional bedrooms sharing 2 full Jack-n-Jill style bathrooms, a spacious living room, a convenient 1/2 bath, and a kitchen/dining area designed with the versatility to accommodate various business or residential needs. The lower level features an open common area, perfect for a rec/game room, complete with a functional wood-burning fireplace; accompanied by 2 bedrooms, 2 full baths, a large laundry room, and a storage room. This property offers a strategic advantage with no city or county zoning.

Location

State AL

County Escambia

Area Escambia County Al

Zoning Not Zoned,Outside Corp Limits

Rooms

Basement Finished

Interior

Interior Features Bonus Room, Attached Sep Living Suite, Office/Study, Recreation Room, Ceiling Fan(s), Internet

Heating Heat Pump

Cooling Heat Pump, Ceiling Fan(s)

Flooring Carpet, Tile, Laminate, Other Floors-See Remarks

Fireplaces Number 1

Fireplaces Type See Remarks

Fireplace Yes

Appliance Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater

Laundry Inside

Exterior

Garage See Remarks

Community Features None

Utilities Available Cable Connected

Waterfront No

Waterfront Description No Waterfront

View Y/N Yes

View Wooded

Roof Type Metal

Parking Type See Remarks

Garage No

Building

Lot Description 1-3 acres, Wooded, See Remarks, Elevation-High

Foundation Pillar/Post/Pier

Sewer Septic Tank

Water Public

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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IXL Real Estate Eastern Shore

IXL Real Estate Eastern Shore

+1(251) 254-2272

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Listed by PHD Realty, LLC
Bought with FirstSouth Properties

IXL Real Estate Eastern Shore

Company

+1(251) 254-2272

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