0 E Azalea Avenue, Foley, AL 36535

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 paths including build-to-rent communities, small-lot infill, cottage courts, or attainable/affordable housing. Located within an Opportunity Zone for potential tax … read more …