$4,000,000

400' of prime frontage on Perdido Beach Blvd. The property consists of (4) vacant land lots fronting Perdido Beach Blvd, (4) lots consisting of (3) free standing retail centers. This property would be an excellent opportunity for a mixed-use development or high end vacation rental properties. Commercial/Retail - If the existing structures are torn down, a commercial building as large as 5000 sf could be built, anything larger and there would not be adequate parking spots and would need to have PUD approval to do anything larger than 5000 sf. Existing structures have been there since pre 1950s and some believe to be some of the oldest structures still remaining on Perdido Beach Blvd. These buildings could be completely restored and to create a must stop shopping experience for locals and tourist. Vacation Rental Redevelopment - There are (8) originally platted lots on the property with each lot measuring 50' x 100'. Single Family or a duplex could be built on each lot BY RIGHT. No need for PUD approval to build (8) single family homes or duplexes. Buyer to verify all information during due diligence.