23622 5th Avenue
Florala, AL 36442

  • 7 beds
  • 5 baths
  • 3,255 sqft
  • ~1 acre lot
  • $276 per sqft
  • 1900 build
  • on site

Live the dream and own a thriving business in picturesque Florala, Alabama This remarkable offering combines a stunning Victorian residence with a successful business opportunity, all nestled on the shores of beautiful Lake Jackson, Alabama's only natural lake. The Residence: Grand 7-bedroom, 5-bathroom Victorian home, built in 1900, exuding elegance and charm. This home is fully furnished. Perfect for a large family or potential for a bed and breakfast (see below). Spacious rooms with high ceilings, hardwood floors, and beautiful architectural details. Scenic views of Lake Jackson from many rooms. Large, inviting kitchen perfect for entertaining. Relax on the porch or expansive deck overlooking the lake. The Business Opportunity: Currently operating as a Women's Creative Retreat Center, this venture boasts a loyal clientele and a proven track record of success. Turn-key operation with everything you need to step right in and continue the profitability. Ideal for those seeking an established business with income potential. The Location: Prime location on desirable 5th Avenue in Florala, Alabama. Just steps from the shores of Lake Jackson, offering boating, fishing, and stunning natural beauty. Less than an hour from the white-sand beaches of Destin, Florida. This is a rare opportunity to own a piece of history, a thriving business, and a luxurious home on a breathtaking lake. Perfect for those seeking a unique lifestyle change and a rewarding investment. Additional Details: 1-acre lot with mature landscaping. Detached garage. Rich history within the community. Minutes from charming downtown Florala with shops, restaurants, and local events. Don't miss your chance to own this one-of-a-kind property! The seller has current numbers to share if you choose to purchase and keep the profitable business going. ROI is over 10% and still climbing.

Emerald Coast Association of Realtors logo Listing courtesy of ECARMLS / Coldwell Banker Realty

Last checked: Checking… • Last updated May 3, 2024 •

MLS# 947994 —

Monthly cost estimate

23622 5th Avenue

Asking price

$899,900

Expense Monthly cost
Mortgage

$4,818

Taxes N/A
Insurance $247
Utilities $284 See report
Total $5,349/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
4/22/24
Listed / Active ECARMLS $899,900

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Blue Wave Group

Coldwell Banker Realty

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This house located in Florala, AL 36442 is currently for sale for $899,900. 23622 5th Avenue is a 3,255 square foot house with 7 beds and 5 baths that has been on Estately for 25 days. This house is in the attendance area of Florala High School and W.S. Harlan Elementary School.

Emerald Coast Association of Realtors logo Listing Courtesy of: ECARMLS and Coldwell Banker Realty.

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