Views
Address
318 State Highway 59 N, Summerdale, AL
Price
$ 1,100,000
Property Attributes
  • MLS#7827193
  • TypeSingle Family
  • Listing Status Active
  • CountyBaldwin
  • CitySummerdale
  • NeighborhoodMetes & Bounds
  • Zip36580
  • Style
  • Year Built1996
  • Taxes$ 3850
  • Price$ 1,100,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size2.3 Acres
Data Source:
Mobile Area Association of REALTORS®® Inc/Gulf Coast MLS
Property Description

Perfect investment opportunity on 2.3 acres with 8 tiny homes with approximately 5,900 square feet of rentable space. Current at 100% occupancy this property located on Highway 59 is in the heart of Summerdale. The property includes eight cottages/tiny homes (ten rental units total) with approximately 5,900 square feet of rentable space. All units are furnished and leased on a weekly basis. Riviera provides electricity, Point Broadband provides internet, and the Town of Summerdale provides water and sewer. Although the property is currently 100% occupied, a 10% vacancy expense has been applied in the underwriting to reflect realistic long-term performance and to calculate the stated 10% cap rate.

Elementary School Middle School High School
Summerdale Elementary School Summerdale Middle School Robertsdale High School
Price History
8/25/2026 Listed $1,100,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available
Roof Composition
Construction Materials Cement Siding
Year Built 1996
View Rural
Topography Level
Levels One
Waterfront Features None
Community Features None
Accessibility None
County Baldwin - AL
Property Type Residential Income
Energy Efficient None
Subdivision Name Metes & Bounds
Status Active
High School Robertsdale
City Summerdale
Number Of Units Total 8
Lot Size Units Acres
Lot Size Square Feet 100188
Elementary School Summerdale
Tax Annual Amount 3850
Middle/Junior High School Summerdale
Standard Status Active
Occupancy Type Tenant

Interior Features

Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Aluminum Frames

Exterior Features

Fencing None
Parking Features Driveway
Lot Features Level
Water Source Private
Lot Size Area 2.3
Lot Dimensions 650 x 160
Lot Size Acres 2.3
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 36580

Price
AVG $920K
$1.1M
Taxes
AVG $1,567
$3,850
Year Built
AVG 2005
1996

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