Foley - Beach Property For Sale #4692882

Prime 44.23+ acre development site available in the heart of Foley, Alabama. Owner says let’s talk. Cost sales construction district, down as low as 1%. Qualifies for new market tax credits. Possible Incentives for Ballpark extended stays. Be sure to open talking points in the Documents (as attachment) Good information straight from the owner. 2018 PUD Modification looks like:108 condos26 Townhomes82 single homes216 homes on the 34 acre tractPlus or MinusThe site is centrally located in the rapidly growing Foley MSA and is the ideal location for a residential multi-family mixed-use apartment development. Adjacent to the 210 million dollar development OWA. Amusement park! Gaming surely coming to this area. Brand New Publics going in across the street. Foley Beach Express serves as a major arterial in the Baldwin County market. The property is located on Highway 20 and consists of 10 parcels zoned PUD. The current zoning allows for a variety of residential and multifamily uses. The density allowed varies on the proposed use and site plan approval through the county. Several conceptual site plan options allow for up to 400 homes, Plus Density. ( With the strong tourism market, low state taxes, highly-rated Baldwin County School systems, and beautiful beaches, Foley has become a highly sought-after community to reside in and a popular tourist destination. existing utilities valued between $1mill- $1.5 mill.2nd address for the site is 22313 CR 20 Foley Al.THE PUD IS FOR MULTI-USE, HOMES, APARTMENTS, ETCNO, LOW-INCOME HOUSINGContact: MIRIAM REDDON AT THE FOLEY ZONING & PLANNING IS THE BEST SOURCE.