0 2nd Avenue $795,000

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    0 2nd Avenue Magnolia Springs, AL 36555

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    $795,000

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    • 2.85 Acres
    • Land
    • MLS# 361669
    0 2nd Avenue, Magnolia Springs, AL 36555
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    Listing provided courtesy of: B4 Properties LLC
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    Property Details

    Nestled on nearly 3 acres with over 600 feet of scenic waterfront along the Magnolia River, this property offers tremendous potential as an ideal homesite, rental investment, weekend getaway, or residential development opportunity within the RSF-2 zoning. The expansive parcel comprises a total of 16 lots, with 3 of them featuring direct frontage along Magnolia River, perfect for creating a charming common area. Infrastructure is already in place, including 2 power poles and at least one septic tank. Located in a peaceful setting close to the quaint town of Magnolia Springs and the amenities of Foley, this property provides a distinct appeal. Enjoy stunning sunset views and tranquil river scenes, making this property desirable for anyone. Buyer to verify all information during due diligence.

    • General Features
      • Area Magnolia Springs
      • Property Sub Type Unimproved Land
    • Property Features
      • Boat Facilities None
      • Lot Features Other, 1-3 acres
      • View Direct Bay Front
      • Waterfront Features Bay Front
    • Schools
      • custom elem Magnolia School
      • custom high Foley High
      • custom middle Foley Middle

    Contact

    Leann Anderson

    Leann Anderson

    Signature Agent

    104869

    RE/MAX Signature Properties

    Mobile Phone: 251-401-3304

    Neighborhood

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $795,000
    6/4/2024 2:01:10 PM Price Reduced Source: Multiple Listing Service New Value: $795,000 -9.14%
    4/30/2024 3:16:00 PM New in Database Source: Multiple Listing Service New Value: $875,000

    Payment Calculator

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    ** Assumes 6.5% 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 REALTORS® 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.