Orange Beach
Real Estate
Another day in investor paradise
A Birmingham-based developer paid $1.1 million for 5.3 acres in Spanish Fort Town Center at the corner of Cypress Way and Town Center Avenue in Spanish Fort, according to court records. The buyers plan to build an Alabama Recovery Center there, according to Angela McArthur of Stirling Properties, who represented the seller. Keith Shamblin of Shannon Waltchack worked for the buyer, LIV Development.
Elberta acreage sells for mega bucks
A local investor paid $1.425 million for 60 acres with six buildings on U.S. 98 in Elberta, according to Peggy Summerville of Scout South Properties, who represented the seller. Ken Crabtree of Signature Properties worked for the buyer. The property at 29451 U.S. 98 includes five 3,000-square-foot leased warehouses on 20 acres with 660 front feet on Highway 98. And it also includes a galvanized steel Quonset hut on 40 acres with two ponds.
The Most Expensive Home in Alabama is a Coastal Masterpiece
The most expensive home in Alabama has a matching expensive price tag. It’s a stunning waterfront estate in Orange Beach and boasts over 10,000 square feet. The estate looks like it would be perfect for entertaining. In addition, the Bayou St. John serves has an exquisite backdrop plus the private deep water pier makes this property quite a catch.
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