Date
Details
Price
Change
Source
9/23/2026
Listed
$2,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,995,000 Just Listed
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Property Description
This 17.8-acre R3-zoned parcel in Foley, Alabama presents a highly versatile investment opportunity, primed for either its original 200-unit multifamily design, a senior living development, or a commercial/residential mixed-use project aligned with the city's new comprehensive plan. The inclusion of complete due diligence materials-including architectural drawings, surveys, Geotech reports, wetland permits, and a traffic study - significantly reduces development lead time and upfront costs. There are two existing, occupied rental houses providing cash flow. Positioned "in the heart of Foley," this site sits within a rapidly expanding economic hub. It benefits from proximity to major South Baldwin County drivers, including the Tanger Outlets Foley, the OWA Parks & Resort entertainment district, and a large medical infrastructure. It also serves as a key residential feeder for the coastal tourism economies of Gulf Shores and Orange Beach. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 212 E Michigan Ave
General
- Price: $2,995,000
- Taxes: $6,436
- Status: Active
- Type: Lots/Land
- Source: 934
- MLS ID: 411124
- Updated: 9/24/2026
- Added to Site: 1 day(s) ago
Additional Information
- Shared Amenities: None
Location
- County: Baldwin
- Cross Streets: Bay St
- Driving Directions: Take 59 S as you enter Foley, turn left onto Michigan Ave and property will be on the right just past Gelato Joe's restaurant.
School Information
- Elementary School: Foley Elementary
- Middle School: Foley Middle
- High School: Foley High
Utilities
- Utility Description: Riviera Utilities
Lot Features
- Lot Size (Acres): 17.8
- Potential Use: Commercial, Multi-Family
Water Features
- Water Front View: No Waterfront
Financial Considerations
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,436
Disclosures and Reports
- Ownership: Whole Full
- Special Conditions: Land Contract
- Legal Description: 5.9 AC FM NE COR OF NW1/4 OF SW1/4 OF SEC 33, TH SW 31.1' TO PT ON S LN MICHIGAN AVE, TH W 480' TO POB, TH S 200', TH E 60.7', TH S 1096.9', TH W 208' TO PT ON E LN CYPRESS ST, TH N 1297.5', TH E 147.7' TO POB IN CITY OF FOLEY SEC 33-T7S-R4E
- APN: 05-54-08-33-3-000-018.013
Listed by Coastal Real Estate
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Listing agent
— 212 E Michigan Ave —
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Schools
Schools serving 212 E Michigan Ave
School District:Baldwin County School District
| Name | Grades | Distance |
|---|---|---|
Florence B Mathis Elementary 600 9th Avenue, Foley, AL 36535 | K-6 | 1 mi |
Foley Middle School 200 North Oak Street, Foley, AL 36535 | 7-8 | 1.2 mi |
Foley High School 1 Pride Place, Foley, AL 36535 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 212 E Michigan Ave
Tax History
Tax History for 212 E Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$804
2%
$25,720
2%
2024
$786
19%
$25,180
18%
2023
$660
4%
$21,360
4%
2022
$633
33%
$20,560
30%
2021
$476
—
$15,780
5%
2021
$476
—
$15,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 212 E Michigan Ave
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 2,976Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 1Bed
- 1Total Bath
- 279Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 4Total Baths
- 1,760Sq. Ft.
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- Single Family
- Active
- Updated 5 hours ago
- 2Beds
- 2Total Baths
- 1,615Sq. Ft.
- Single Family
- Active
- Updated 5 hours ago
- 3Beds
- 3Total Baths
- 2,250Sq. Ft.
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212 E Michigan Ave, Foley, AL 36535 (MLS# 411124) is a Lots/Land property with a lot size of 17.8 acres. 212 E Michigan Ave is currently listed for $2,995,000 and was received on September 23, 2026. Want to learn more about 212 E Michigan Ave? Do you have questions about finding other Lots/Land real estate for sale in Foley? You can browse all Foley real estate or contact a Coldwell Banker agent to request more information.