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0 Waterway W blvd - Waterway W blvd 20 Acres of Commercial Land Offered at $13,693,700 CAD in Gulf Shores, AL 36542

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Investment Highlights

  • entitled zoning for high density multi-family
  • 20 acres
  • waterfront
  • access to the beach, international airport, restaurants, businesses and more within minutes

Executive Summary

A rare development opportunity along the Intracoastal Waterway in Gulf Shores. This waterfront property consists of four contiguous parcels (PPIN: 29387, 345107, 345108 and, 345116), The only large-acre properties in the area zoned R-4, High-Density Multifamily. Allowing up to 20 units per acre, with direct frontage on Waterway West Blvd., along with good elevation and minimal wetlands (only .6 acre, mainly within the setback of Waterway West Blvd), this unique site provides entitlements that are difficult to find within the Gulf Shores market. An exceptional chance to acquire one of the very few remaining high-density, waterfront-oriented development sites in a rapidly growing coastal destination. Buyer/s to verify all pertinent information Buyer to verify all information during due diligence.

Property Facts

Price $13,693,700 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Single Family Development
Total Lot Size 20.00 AC
Zoning R-4 - 20 du/acre

1 Lot Available

Lot

Price $13,693,700 CAD
Price Per AC $684,684.99 CAD
Lot Size 20.00 AC
  • Listing ID: 39546541

  • Date on Market: 2026-02-23

  • Last Updated:

  • Address: 0 Waterway W blvd, Gulf Shores, AL 36542

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