Listing provided courtesy of Signature PropertiesMLS# 388322MLS Provider
  • 221 days on site
  • 4 views

Seller Offering Optional Owner Financing! Investment Property! Exceptional and rare opportunity in Foley! This offering includes two contiguous parcels totaling approximately 2 acres. Previously engineered and reviewed for a PUD-style concept, the property comes with extensive surveys, reports, and civil construction documents, along with prior ADEM and City of Foley review and approvals. Centrally located, the site is just minutes from OWA, downtown Foley, local schools, major shopping, and Gulf Coast beaches. The prior design concept featured a unique pocket neighborhood layout with clustered cottages, shared green space, and walkable internal pathways. Architectural, structural, and landscape plans are available, including drawings for a 1,560 sq ft carriage house and 1,170 sq ft cottages. This flexible site can be adapted for a range of development opportunities including build-to-rent communities, small-lot infill, cottage courts, or attainable/affordable housing. Located within an Opportunity Zone for potential tax advantages, this is a turnkey development opportunity in one of Baldwin County's fastest-growing corridors. Optional owner financing available for qualified buyers. Buyer to verify all information during due diligence.

Source: Baldwin MLS, MLS#: 388322

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  • Property Type
    Land
  • Lot
    2.00 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% 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. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 0 E Azalea Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/24/2026Source: Baldwin MLS Price Reduction
$299,000 -7.7%
3/27/2026Source: Baldwin MLS Price Reduction
$324,000 -7.2%
11/20/2025Source: Baldwin MLS Added to Database
November 20, 2025
5/23/2024Source: Baldwin MLS Status Change
Closed
5/15/2024Source: Baldwin MLS Status Change
Pending
5/6/2024Source: Baldwin MLS Price Reduction
$119,900 -25.1%
4/13/2024Source: Baldwin MLS Added to Database
April 13, 2024