$1,600,000

Very rare to have large vacant lot on the north side of Cotton Bayou, especially this close to Perdido Pass. And even more rare to have 2 of them side by side! These two deep-protected-water lots are 94.72' wide on Cotton Bayou Drive. The newly subdivided lots are called Bayou Sunrise, and the lots will share a driveway. This is one of the most coveted waterfront locations in South Alabama. ZONING ALLOWS ONE OR TWO HOMES ON EACH LOT! Both lots 1 and 2 can place two homes on each lot for a maximum of 4 homes (2 on each lot). The zoning ordinance allows a single-family house to have up to 3 boat slips. In this case, with two single-family houses on the lot, then 6 slips would be allowed. Must have all state and federal approvals before submitting or a marine accessory permit with the city.