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.
Listing courtesy of ECARMLS / Coldwell Banker Realty
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Last updated May 3, 2024
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MLS# 947994 —
Monthly cost estimate
Asking price
$899,900
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,818
|
Taxes | N/A |
Insurance | $247 |
Utilities | $284 See report |
Total | $5,349/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
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Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
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Sale history
Date | Event | Source | Price | % Change |
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4/22/24
Apr 22, 2024
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Listed / Active | ECARMLS | $899,900 |