• 1323 Florida Hwy Atmore, AL 36502

  • $525,000
  • 12
    Bed(s)
  • 9
    Baths
  • 8,958
    Sq Ft
  • 2.24
    Acres

Exceptional Multi-Family Investment Opportunity Minutes from Atmore, AL! Introducing a prime investment strategically located just 5 minutes from downtown Atmore. This meticulously maintained property commands over 8000 sqft across two stories with 12 beds and 8 1/2 baths. This expansive 2.24+/- acre property redefines possibilities, presenting a multi-family / investment opportunity for those with a keen eye for versatile real estate. From capitalizing on the income potential through rental units to establishing a live/work environment tailored to your professional pursuits, the possibilities are as expansive as the property itself. Offering a surplus of space, the property provides an ideal canvas for various configurations catering to potential tenants or residents. Two Profitable separate 2 bed/1 bath apartments have been used as an Airbnb, presenting an enticing income stream. With private entrances and patios, each of the two units is versatile, catering to short-term rentals, long-term leases, or live/work arrangements. One unit is situated upstairs, while the other is located downstairs. From the spacious deck off the living room to the 552 sqft party/bonus room of the main kitchen, this property's design offers additional income potential as an event venue, or for hosting unforgettable gatherings. The main floor includes 2 primary bedrooms with ensuites, 4 additional bedrooms sharing 2 full Jack-n-Jill style bathrooms, a spacious living room, a convenient 1/2 bath, and a kitchen/dining area designed with the versatility to accommodate various business or residential needs. The lower level features an open common area, perfect for a rec/game room, complete with a functional wood-burning fireplace; accompanied by 2 bedrooms, 2 full baths, a large laundry room, and a storage room. This property offers a strategic advantage with no city or county zoning.

Property Type :

Residential

County :

Other Counties

Style :

Residential

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Property Details

 

Bedroom Information

Bedroom Dimensions : 11x14

Bedroom 1 Dimensions : 11x14

Bedroom 2 Dimensions : 11x14

Bedroom 3 Dimensions : 11x14

Bedroom 4 Dimensions : 10x12

Bedroom 5 Dimensions : 11x12

Bathroom Information

Total Baths: 9

Full Baths: 8

Half Baths: 1

Kitchen Information

Dining Room Remarks: Kitchen/Dining Combo

Kitchen Dimensions: 12x25

Kitchen Room Remarks: Not Updated, Laminate Counters, Desk

Room Information

Total Bedrooms : 12

Living Room Dimensions: 33x24

Window Feature : Double Pane Windows, Blinds, Drapery Rods

Interior Features

Storage, Baseboards, Bookcases, Ceiling Fan(s), Crown Molding, High Speed Internet, In-Law Floorplan, Walk-In Closet(s), Attached Self Contained Living Area, Bonus Room, Game Room, Guest Room/In Law Suite, Gym/Workout Room, Office/Study

Roof : Metal

Appliances : Water Heater, Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Refrigerator

Laundry Features: Inside

Roofing Information

Metal

Flooring Information

Concrete, Tile, Carpet, Laminate

Heating & Cooling

Heating: Multi Units, Heat Pump, Fireplace(s)

Cooling: Multi Units, Heat Pump, Ceiling Fan(s)

WaterSource: Public

Building Information

Year Built: 1975

Construction: Brick

Security System: Smoke Detector(s)

Basement: Finished

Exterior Features

Foundation Details: Off Grade

Porch: Deck, Patio

Pool Information

None

Road Type

Paved

Lot Information

Lot Dimensions: 315' X 310'

Lot Description: Central Access

Lot Size Area: 2.24

Lot Size Units: Acres

Lot Square Feet: 97,574

Lot Acres: 2.24

Stories: 2

Main Square Feet: 2.24

Property Information

Property Type: Residential

Sub Type: Single Family Residence

Style: Ranch

SQ ft (Living Area): 8,958

Subdivision: None

Listing Price Information

Original List Price: $525000

Listing Information

Possession: Close Of Escrow

Tax Information

Parcel Number: 30 26 07 36 0 200 007.000

Parking Information

Circular Driveway, Driveway, Front Entrance, Guest, Converted Garage

Homeowners Association Information

Included Fees: None

School Information

Elementary School: Local School In County

Junior High School: Local School In County

Senior High School: Local School In County

Utility Information

Cable Available

Location Information

Direction: From downtown Atmore, AL: Head west on W Nashville Ave (US-31). Go for 4.0 mi. Then Turn right onto Florida Hwy. Go for 1.3 mi. Then property is on the left.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1812 S Main St, Atmore, AL,36502 $450,000 -- -- -- 18 Acres
1010 N Main St, Atmore, AL,36502 $395,000 -- -- -- 0.91 Acre
11 Jack Springs Rd, Atmore, AL,36502 $185,000 -- -- -- 2.4 Acres
111 Wilson Ave, Atmore, AL,36502 $10,000 -- -- -- 0.16 Acre
5415 N Hwy 21, Atmore, AL,36502 $695,000 5 5 2,420 1.8 Acres
Hwy 21, Atmore, AL,36502 $360,000 -- -- -- 20 Acres
2 Jack Springs Rd, Atmore, AL,36502 $412,500 -- -- -- 4.46 Acres
3 Jack Springs Rd #LOT .., Atmore, AL,36502 $375,000 -- -- -- 4.46 Acres
10 Jack Springs Rd, Atmore, AL,36502 $161,250 -- -- -- 1.72 Acres
109 3rd Avenue, Atmore, AL,36502 $59,900 5 2 1,737 10890 Sqft

Copyright © 2020 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 04/30/2024 @ 05:58

MLS: 637950
LISTED BY: Taylor Helton Lee, PHD Real Estate, LLC
SOURCE: Pensacola MLS
Buyer Agency Compensation: 2.4%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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