$899,000
$899,000
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15 Beds
12 Baths
6,900 SqFt
SOLD DATE : 08/11/2025
Key Details
Sold Price $899,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,900 sqft
Price per Sqft $130
Subdivision Park Avenue
MLS Listing ID 381499
Sold Date 08/11/25
Bedrooms 15
Full Baths 12
Construction Status Resale
HOA Fees $2,483/mo
Year Built 2007
Annual Tax Amount $8,470
Lot Size 9.800 Acres
Property Sub-Type Multi Family
Property Description
HUGE INVESTMENT OPPORTUNITY! Here's a rare chance to acquire six income-producing units at Park Ave Condos in Foley—being sold together as one package. This offering includes a mix of three 3-bedroom/2-bath units and three 2-bedroom/2-bath units; 5 of 6 units are currently leased under long-term rental agreements. Steady occupancy and strong rental history make this a solid portfolio addition or 1031 exchange candidate. Units are well-maintained and located conveniently close to local shopping, dining, schools, and just a short drive to the beaches. DON'T MISS THIS DEAL! Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Area Foley 2
Interior
Interior Features Ceiling Fan(s), Internet
Heating Electric
Cooling Ceiling Fan(s)
Flooring Tile, Luxury Vinyl Plank
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
Exterior
Parking Features Parking Lot
Pool Community, Association
Community Features BBQ Area, Gazebo, Internet, Landscaping, Pool - Outdoor
Utilities Available Cable Connected
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Roof Type Composition
Garage Yes
Building
Story 1
Foundation Slab
Sewer Baldwin Co Sewer Service, Public Sewer
Water Public
New Construction No
Construction Status Resale
Schools
Elementary Schools Foley Elementary
Middle Schools Foley Middle
High Schools Foley High
Others
HOA Fee Include Association Management,Cable TV,Common Area Insurance,Maintenance Grounds,Taxes-Common Area,Trash,Internet,Pool
Ownership Whole/Full
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Bought with Realty Executives Gulf Coast
Realty Executives Gulf Coast