23457 Fifth Avenue Florala, AL ^$ 1,300,000

23457 Fifth Avenue

^$ 1,300,000

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23457 Fifth Avenue

Florala, AL, 36442

^$ 1,300,000

Studio Baths0.0

Monthly Estimate*

^$ 9,081

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Studio

Commercial Property for sale in Florala, AL

for $1,300,000.

Attention Investors!! Here is your chance to own almost an entire city block across from Lake Jackson! Continue to use the hotel rooms, Bed & Breakfast, Restaurant and RV park or build your own business. A Jack's fast food also is being built nearby. This is the perfect opportunity to build Florala's one and only motel or hotel! Florala is in dire need of lodging options. Total acreage is approximately 3.6+/- Parcel #'s. (1) 23 29 07 35 3 301 004.000 (2) 23 29 07 35 3 301 005.000 (3) 23 29 07 35 3 301 006.000 (4) 23 29 07 35 3 301 013.000 (5) 23 29 07 35 3 301 014.000 (6) 23 29 07 35 3 301 015.000

Commercial Active

Price

^$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial

Town/City

Florala

County/Region

Covington

MLS | Web ID

541573

Features

General

Heating MultipleHeatingUnits

Cooling MultiUnits

Possession CloseOfEscrow

Construction Materials MetalSiding Other WoodSiding

Property SubType Commercial

County Covington

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions From the intersection of Hwy. 331 and Fifth Street in Florala Al. turn left onto 5th Ave. travel one mile and property will be on your right. Look for ''Sara's Big R''

City Florala

Buyer Agent Compensation 2.750

View Y/N N

Senior Community Y/N N

MLS Area Covington County

Waterfront Y/N N

Carport Y/N N

Street Name Fifth

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

MLS Area Minor Wiregrass Board of REALTORS

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 214

Standard Status Active

Property Sub Type Additional Commercial

Buyer Agent Compensation Type Item1

Legal Description Listing contains 5 contiguous parcels. See remarks for each legal description per AL GIS.

Interior

Flooring Laminate

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Electric On Property Y/N N

Exterior

Lot Features CityLot

Total Parking 10.0

Spa N

Lot Dimensions Irregular

Lot Size Units Acres

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 23457

* Excluded Features

List By

Executive Brokers Group

Broker

treynolds.realestate@gmail.com

Affordability Calculator

$9,081

Per Month

Monthly Principal & Interest: $9,081
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Florala, AL

Average List Price ^$755,000

Percent of Sale Price 42%

About Florala, AL

1,937 Population

1% Since 2002

^$30,184 Median Income

45.16 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4413863 Elementary School

4413741 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/23/2023	$1,300,000		Listed Price

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23457 Fifth Avenue, Florala, AL, 36442 is a Commercial Property for sale at $1,300,000. 23457 Fifth Avenue is a studio with 0.0 baths. The property's zip code is 36442 which is in Florala, AL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the IDX Program of the Wiregrass Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Weichert Realtors are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.

The information being provided is for consumers’ personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.

Data is updated as of 5/1/2024.

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23457 Fifth Avenue

Commercial Property for sale in Florala, AL

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