614 E Azalea Avenue, Foley

614 E Azalea Avenue, nestled in the heart of the charming City of Foley is a unique investment opportunity in this prime location within the desirable R3 zoning district & X flood zone. Situated on just under an acre of land, this property boasts two buildings, offering versatility and potential for various uses. One of the buildings 2/1 is currently occupied by a tenant on a month-to-month lease, providing immediate rental income for the savvy investor. Whether you're looking to expand your rental portfolio or explore development opportunities, this property offers a solid foundation for your investment strategy. The potential for this property is vast, ranging from developing single-family homes on a spacious lot to creating a multi-family residential development. Notably, the absence of an HOA offers you the freedom to bring your creative ideas to life without restrictive guidelines. The prime location in the heart of the City of Foley adds to the appeal, with convenient proximity to shopping, restaurants, South Baldwin Hospital, and, of course, the sun-kissed white sandy beaches of Gulf Shores. 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. Act now and unlock the potential of this property in an area that seamlessly blends convenience, versatility, and coastal charm. Sold AS-IS. 3% Minimum EMD. Tenad occupied. Have at list 2hours in advance showing notice.