Welcome to this once in a lifetime investment opportunity in the Heart of Foley in an OPPORTUNITY ZONE! This offering includes four recently subdivided lots, providing a total of over 2 acres in the desirable R3 zoning district, and Flood Zone X (no flood insurance required). The potential for this property is vast, ranging from developing single-family homes on spacious individual lots to creating a multi-family residential development. Whether you're considering a lucrative rental income stream or crafting a community of homes, this property caters to various development aspirations with ease, as there are public utilities (water and sewer available at the road). Also, this property features No HOA allowing you to bring creative vision without restrictive covenants. The prime location in the heart of the City of Foley adds to the appeal, with convenient proximity to shopping, restaurants, South Baldwin Regional Hospital, and the sought after beaches of the Alabama Gulf Coast. 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. Seller is willing to discuss the sale of the lots together or separately.
Property Details
Property Features
Listing Office:
Office Name: EXIT Realty Landmark
Office Email: dianeandjennysells@gmail.com
Listing Agent: Joseph Pollard
Lot Features
Lot Information:
Lot: Wooded
Lot Size: 2.14 Acres
School Info
Assigned Schools Information:
Foley High School, Public District Grades 9-12
Foley Middle School, Public District Grades 7-8
Foley Intermediate School, Public District Grades 5-6
Foley Elementary School, Public District Grades KG-4
Other
Directions Information:
Directions: From Highway 59, turn east on Highway 98, south on Juniper Street, East Azalea Avenue. Lot corners are marked on E Azalea Avenue, look for "For Sale" sign.
Price Information
Listing Price Info
Price Summary:
List Price: $160,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Foley, AL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$866
Per Month
Principal & Interest
$799
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$546
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Foley Elementary School
450 N Cedar St
Distance between this listing and this school1.14 miles
Public District Grades KG-4
Middle School
3
/10
Foley Middle School
200 N Oak St
Distance between this listing and this school0.82 miles
Public District Grades 7-8
4
/10
Foley Intermediate School
2000 S Cedar St
Distance between this listing and this school1.13 miles
Public District Grades 5-6
High School
2
/10
Foley High School
1 Pride Pl
Distance between this listing and this school1.23 miles
Public District Grades 9-12
Assigned Schools
4
/10
Foley Elementary School
450 N Cedar St
Distance between this listing and this school1.14 miles
Public District Grades KG-4
Nearby Schools
4
/10
Magnolia School
1 Jaguar Loop
Distance between this listing and this school4.07 miles
Public District Grades PK-6
8
/10
Elberta Elementary School
25820 Hwy 98
Distance between this listing and this school5.79 miles
Public District Grades KG-3
Assigned Schools
3
/10
Foley Middle School
200 N Oak St
Distance between this listing and this school0.82 miles
Public District Grades 7-8
4
/10
Foley Intermediate School
2000 S Cedar St
Distance between this listing and this school1.13 miles
Public District Grades 5-6
Nearby Schools
5
/10
Summerdale School
400 E Broadway St
Distance between this listing and this school6.32 miles
Public District Grades PK-8
Assigned Schools
2
/10
Foley High School
1 Pride Pl
Distance between this listing and this school1.23 miles
Public District Grades 9-12
Nearby Schools
2
/10
Gulf Shores High School
600 East 15th Ave
Distance between this listing and this school8.97 miles
Public District Grades 9-12
3
/10
Robertsdale High School
21630 Hwy 59 South
Distance between this listing and this school10.16 miles
The neighbors living near this home have an average income of $39,840. Most Foley, AL residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 E Azalea Ave
What is the listing price of this property?
The listing price of 0 E Azalea Ave property is $160,000.
What type of property is this?
The property 0 E Azalea Ave is land located in Foley, Alabama, 36535.
Is this property for sale now?
Active Listing: 0 E Azalea Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 0 E Azalea Ave are: Foley Elementary School: GreatSchools Rating 4/10Foley Middle School: GreatSchools Rating 3/10Foley Intermediate School: GreatSchools Rating 4/10Foley High School: GreatSchools Rating 2/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 E Azalea Ave in Foley, AL and zip code 36535. This home sits on a 2.14 acre lot. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $160,000.
While more than 3 listings in Foley, AL in March 2024 were sold above asking price, there were more than 24 listings sold at asking price, and more than 49 were sold below. The inventory of homes for sale in Foley, AL between February 2024 and March 2024 increased by 22.3%.
From Rocket Homes Real Estate and based on county public records data.
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Figure Skating
Figure Skating
Pro Wrestling
Extreme Sports
Kmart
Family Dollar
Academy Sports & Outdoors
Bob Evans
Dominos Pizza
Little Caesars
Buick
Ford
Chevrolet
Oldies
New Country
Country