Just Listed
Address
212 E Michigan Ave, Foley, AL
Price
$ 2,995,000
Property Attributes
- MLS#411124
- TypeLand
- Listing Status Active
- MunicipalityFoley
- CountyBaldwin
- CityFoley
- NeighborhoodNone
- Zip36535
- StyleZoned
- Price$ 2,995,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size17.8 Acres
Data Source:
Baldwin County MLS (BCAR)
Property Description
This 17.8-acre R3-zoned parcel in Foley, Alabama presents a highly versatile investment opportunity, primed for either its original 200-unit multifamily design, a senior living development, or a commercial/residential mixed-use project aligned with the city’s new comprehensive plan. The inclusion of complete due diligence materials-including architectural drawings, surveys, Geotech reports, wetland permits, and a traffic study – significantly reduces development lead time and upfront costs. There are two existing, occupied rental houses providing cash flow. Positioned “in the heart of Foley,” this site sits within a rapidly expanding economic hub. It benefits from proximity to major South Baldwin County drivers, including the Tanger Outlets Foley, the OWA Parks & Resort entertainment district, and a large medical infrastructure. It also serves as a key residential feeder for the coastal tourism economies of Gulf Shores and Orange Beach. Buyer to verify all information during due diligence.
| Elementary School | Middle School | High School |
|---|---|---|
| Foley Elementary Elementary School | Foley Middle Middle School | Foley High High School |
| Price History | |
|---|---|
| 9/24/2026 | Listed $2,995,000 |
General Features
| Utilities | Riviera Utilities |
|---|---|
| Property Subtype | Zoned |
| Waterfront Features | No Waterfront |
| Community Features | None |
| County | Baldwin |
| Property Type | Land |
| HOA | false |
| Subdivision Name | None |
| Status | Active |
| Directions | Take 59 S as you enter Foley, turn left onto Michigan Ave and property will be on the right just past Gelato Joe's restaurant. |
| High School | Foley High |
| City | Foley |
| MLS Area | Baldwin |
| Elementary School | Foley Elementary |
| Middle/Junior High School | Foley Middle |
| Standard Status | Active |
| Possible Use | Commercial,Multi-Family |
| Assoc Fee Paid Per | Monthly |
Interior Features
| Fireplace Y/N | false |
|---|
Exterior Features
| Lot Size Acres | 17.8 |
|---|---|
| Number of Lots | 5 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 36535
Price
Baldwin County Association Of Realtors®: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
