Listing

Description

WOW! Reduced again, this time by $150,000 (!) AND Seller says he will look at offers! Compare this property's size, price, location, and shape to ANY property on the market in the Moorings that is being offered at land value. FIRST CONSIDER ITS SIZE: At almost half an acre (21,181 sf), it is the LARGEST non-corner lot (corner lots have more restrictive building setbacks) available in the MLS in all of the Moorings (and may be the largest non-corner lot anywhere in the Moorings, even those that are not currently on the market.) THEN CONSIDER ITS PRICE: AT about $155 per square foot of land, it is listed for significantly less per square foot than its competition which range from $175 per sq ft of land to $236 per sq ft of land. CONSIDER ITS LOCATION: Located south of Mooring Line Drive, it is miles closer to 5th Avenue South and its world-reknown shopping and dining than much of its competition; is located a short bicycle ride to the Moorings private beach access; is in FEMA's X-Zone (existing home has never flooded); and is only a few blocks from Public and a myriad of shopping and the Coastland Mall. Consider its shape, and compare to lots that are pie-shaped which can dramatically affect your home design. An added bonus is that this 3 bedroom, 2 bath home (with a beautiful large pool that you may be able to save for your new home) is perfectly livable to allow you to live in or rent the home while you have your building plans and permitting done. AND one of the nicest amenities for owners in The Moorings is the PRIVATE BEACH access on Gulf Shore BLVD with rest room facilities, a shaded pavered parking lot, and an on site assistant. If you are going to build in one of the most prestigious areas in the country, why would you select a smaller lot and settle for a smaller home and a smaller yard?