Exceptional Multi-Family Investment Opportunity Minutes from Atmore, AL! Introducing a prime investment strategically located just 5 minutes from downtown Atmore. This meticulously maintained property commands over 8000 sqft across two stories with 12 beds and 8 1/2 baths. This expansive 2.24+/- acre property redefines possibilities, presenting a multi-family / investment opportunity for those with a keen eye for versatile real estate. From capitalizing on the income potential through rental units to establishing a live/work environment tailored to your professional pursuits, the possibilities are as expansive as the property itself. Offering a surplus of space, the property provides an ideal canvas for various configurations catering to potential tenants or residents. Two Profitable separate 2 bed/1 bath apartments have been used as an Airbnb, presenting an enticing income stream. With private entrances and patios, each of the two units is versatile, catering to short-term rentals, long-term leases, or live/work arrangements. One unit is situated upstairs, while the other is located downstairs. From the spacious deck off the living room to the 552 sqft party/bonus room of the main kitchen, this property's design offers additional income potential as an event venue, or for hosting unforgettable gatherings. The main floor includes 2 primary bedrooms with ensuites, 4 additional bedrooms sharing 2 full Jack-n-Jill style bathrooms, a spacious living room, a convenient 1/2 bath, and a kitchen/dining area designed with the versatility to accommodate various business or residential needs. The lower level features an open common area, perfect for a rec/game room, complete with a functional wood-burning fireplace; accompanied by 2 bedrooms, 2 full baths, a large laundry room, and a storage room. This property offers a strategic advantage with no city or county zoning.
Sold for $450,000
Street View
$450,000
1323 Florida Hwy, Atmore, AL 36502
16beds
8,958sqft
Single Family Residence
Built in 1975
2.24 Acres Lot
$474,300 Zestimate®
$50/sqft
$1,399 Estimated rent
Home value
$474,300
$417,000 - $541,000
$1,399/mo
Zestimate® history
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$2,537/mo
Est. payment
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$2,537/mo
Est. payment
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List your homeWhat's special
Large laundry roomLong-term leasesPrivate entrancesFull jack-n-jill style bathroomsOpen common areaSpacious deck
Zillow last checked:
Listing updated:
Listed by:
Taylor Helton Lee 251-294-2060,
PHD Real Estate, LLC
Bought with:
Outside Area Selling Agent
Levin Rinke Realty
Source: PAR,MLS#: 637950
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 9
- Full bathrooms: 8
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Area: 154
- Dimensions: 11 x 14
Bedroom
- Level: First
- Area: 154
- Dimensions: 11 x 14
Bedroom 1
- Level: First
- Area: 154
- Dimensions: 11 x 14
Bedroom 2
- Level: First
- Area: 154
- Dimensions: 11 x 14
Bedroom 3
- Level: First
- Area: 154
- Dimensions: 11 x 14
Bedroom 4
- Level: Second
- Area: 120
- Dimensions: 10 x 12
Bedroom 5
- Level: Second
- Area: 132
- Dimensions: 11 x 12
Kitchen
- Level: First
- Area: 300
- Dimensions: 12 x 25
Living room
- Level: First
- Area: 792
- Dimensions: 33 x 24
Heating
- Multi Units, Heat Pump, Fireplace(s)
Cooling
- Multi Units, Heat Pump, Ceiling Fan(s)
Appliances
- Included: Water Heater, Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Refrigerator
- Laundry: Inside
Features
- Storage, Baseboards, Bookcases, Ceiling Fan(s), Crown Molding, High Speed Internet, Attached Self Contained Living Area
- Flooring: Concrete, Tile, Carpet, Laminate
- Windows: Double Pane Windows, Blinds, Drapery Rods
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total structure area: 8,958
- Total interior livable area: 8,958 sqft
Property
Parking
- Parking features: Circular Driveway, Driveway, Front Entrance, Guest, Converted Garage
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Pool features: None
Lot
- Size: 2.24 Acres
- Dimensions: 315' X 310'
- Features: Central Access
Details
- Additional structures: Barn(s)
- Parcel number: 30 26 07 36 0 200 007.000
- Zoning description: County,Unrestricted
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Off Grade
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1975
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available
Green energy
- Energy efficient items: Heat Pump
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Atmore
- Subdivision: None
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Price range: $450K - $450K
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2024 | Sold | $450,000-14.3%$50/sqft |
Source:  PAR #637950 Report a problem | ||
| 1/28/2024 | Pending sale | $525,000$59/sqft |
Source: PAR #637950 Report a problem | ||
| 12/12/2023 | Listed for sale | $525,000+238.7%$59/sqft |
Source: PAR #637541 Report a problem | ||
| 11/7/2019 | Listing removed | $155,000$17/sqft |
Source: Ixl Real Estate Llc #633408 Report a problem | ||
| 10/29/2019 | Listed for sale | $155,000+5%$17/sqft |
Source: Ixl Real Estate Llc #633408 Report a problem | ||
| 2/28/2018 | Listing removed | $147,631-20.3%$16/sqft |
Source: Auction.com Report a problem | ||
| 12/20/2017 | Listed for sale | $185,149+0.2%$21/sqft |
Source: Auction.com Report a problem | ||
| 4/15/2017 | Listing removed | $184,835+0.8%$21/sqft |
Source: Auction.com Report a problem | ||
| 3/28/2017 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 7/31/2015 | Sold | $183,400-3.4%$20/sqft |
Source: PAR #478847 Report a problem | ||
| 3/29/2015 | Listed for sale | $189,900$21/sqft |
Source: Southern Real Estate - Atmore #223914 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $44,780 -42.4% |
| 2024 | $2,723 +34.4% | $77,800 +168.7% |
| 2023 | $2,027 | $28,949 +12.1% |
| 2022 | $2,027 +12.1% | $25,816 |
| 2021 | $1,807 +2.5% | $25,816 +2.5% |
| 2020 | $1,763 +112.6% | $25,189 +0.4% |
| 2018 | $830 | $25,100 -4.5% |
| 2017 | $830 | $26,280 +58.8% |
| 2015 | -- | $16,549 |
| 2014 | -- | $16,549 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 36502
Nearby schools
GreatSchools rating
- 7/10Rachel Patterson Elementary SchoolGrades: 1-5Distance: 4.9 mi
- 7/10Escambia Co Middle SchoolGrades: 6-8Distance: 5 mi
- 1/10Escambia Co High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Local School In County
- Middle: LOCAL SCHOOL IN COUNTY
- High: Local School In County
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$474,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$474,300
- Alabama
- Escambia County
- Atmore
- 36502
- 1323 Florida Hwy
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