Listing Details
- $1,100,000
- MLS# 385971
- Type Commercial - Business
- Status Active
Description
10% Cap Rate Investment ? 100% OccupancyLocated on Highway 59 in the heart of Summerdale, this 2.3-acre property is zoned B-2 (Commercial Business) and offers high visibility and strong traffic counts. 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...read more
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Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/13/2026. The listing information on this page last changed on 06/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/13/2026 12:00:01 AM EST) or Pensacola MLS (last updated Fri 06/12/2026 11:53:12 PM EST) or Baldwin County MLS (last updated Fri 06/12/2026 11:51:18 PM EST) or Gulf Coast MLS (last updated Fri 06/12/2026 11:51:10 PM EST). Real estate listings held by brokerage firms other than Bellator Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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All Property Features
- Property Type: Commercial - Business
- Cooling: Central Air
- Days on Site: 235
- Dining Room: None
- Heating: Central
- Lot Description: See Remarks
- Lot Dimensions: 160 x 650
- Lot Size: 2.10 Acres
- Parcel #: 4809304000003.001
- Parcel#: 4809304000003.001
- Parking: Parking Lot
- Parking Notes: Parking Lot
- Possible Use: Other-See Remarks
- Sewer: Public Sewer
- Stories: 1.0
- Utilities: See Remarks
- Water: Public
- Waterfront: No Waterfront
- Year Built: 1996