$6,500,000
SOLD SEP 18, 2024

901 Waterway Blvd W Gulf Shores, AL 36542

64 Acres
$101,562 Price per Acre
2,787,840 Sq Ft Lot

Recently Sold

Highlights

  • Access To Intracoastal Waterway
  • Property Fronts a Bay or Harbor
  • 64 Acre Lot
  • Gulf Shores Elementary School Rated A-
  • Intracoastal View
  • No HOA

About This Lot

As of September 2024

Added for comp purposes. Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Bob Shallow

RE/MAX Paradise Listed on: 09/18/2024

RE/MAX Paradise

Last Buyer's Agent

Bob Shallow

RE/MAX Paradise Listed on: 09/18/2024

RE/MAX Paradise

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,661

Lot Details

  • 64 Acre Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Zoning described as Within Corp Limits

Property Views

  • Intracoastal Views

Schools

  • Gulf Shores Elementary School
  • Gulf Shores Middle School
  • Gulf Shores High School

Listing and Financial Details

  • Assessor Parcel Number 63158

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$23,661

Lot Details

0

Listing Details

  • Property Type: Land
  • View: Direct ICW Front
  • Parcel Number: 63158
  • Property Sub-Type: Unimproved Land
  • ResoCommunityFeatures: None
  • ResoLotFeatures: Land, 50-100 acres, Waterfront
  • Lot Size Acres: 64
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Body Name: Intracoastal Waterway
  • Co List Office Phone: 251-948-8000
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: Gulf Shores
  • BK20_LFD_BoatFacilities_70: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other-See Remarks

Exterior Features

  • Waterfront: Yes
  • View: Yes
  • Waterfront Features: Bay Access (Wlk <=1/4 Mi), Bay Front, Canal Accs (Wlk <=1/4 Mi), Canal Front, ICW Accs (Wlk <=1/4 Mi), ICW Front

Utilities

  • Utilities: See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Gulf Shores Middle

Lot Info

  • Lot Size Sq Ft: 2787840
  • ResoLotSizeUnits: Acres
  • Zoning Description: Within Corp Limits
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23661

MLS Schools

  • Elementary School: Gulf Shores Elementary
  • HighSchool: Gulf Shores

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Sep 6, 2024
Sold by
800 Lakeshore Parkway Llc
Bought by
Oyster Bay Point Llc
Seller's Agent
Bob Shallow
RE/MAX Paradise
Buyer's Agent
Bob Shallow
RE/MAX Paradise
List Price
$6,500,000
Sold Price
$6,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.86%

Purchase Details

Closed on
Apr 26, 2021
Sold by
Paradise Investments Llc
Bought by
800 Lakeshore Parkway Llc

Purchase Details

Closed on
May 23, 2012
Sold by
Coastal Resort Properties Lp
Bought by
Paradise Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,672,000
Interest Rate
3.91%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $6,500,000 None Listed On Document
Warranty Deed $3,500,000 None Available
Special Warranty Deed $2,090,000 Slt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,672,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 For Sale $16,500,000 +153.8% --
09/18/2024 09/18/24 Sold $6,500,000 0.0% --
09/18/2024 09/18/24 For Sale $6,500,000 -- --
Source: Baldwin REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,842 $419,440 $419,440 $0
2023 $11,270 $341,520 $341,520 $0
2022 $9,831 $297,920 $0 $0
2021 $4,851 $147,000 $0 $0
2020 $4,851 $147,000 $0 $0
2019 $4,851 $147,000 $0 $0
2018 $4,851 $147,000 $0 $0
2017 $4,851 $147,000 $0 $0
2016 $4,851 $147,000 $0 $0
2015 -- $147,000 $0 $0
2014 -- $30,600 $0 $0
2013 -- $30,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 368097

Baldwin REALTORS®

APN: 67-01-12-0-000-001.000