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Navigable Waterfront Development Land
For Sale
$999,990

12163 Marguerite Dr, Coden, AL 36523

Two adjacent lots offer 550+ feet of navigable waterfront with elevated building sites in Flood Zone X.

Property SizeContact for details
Lot Size1.56 Acres
Days on Market121

Property Features for 12163 Marguerite Dr

General Information

Standard status Active
Lot size 1.56 Acres
Property subtype Land

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $1,439
Listing Agency: Flamingo Realty Inc.
Listed By: Keith Deerman · License #82340
Source: Exprealty
Added: Apr 24 Changed: Aug 14 Last Checked: Aug 14 at 7:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Flamingo Realty Inc.

Investment Insights

Based on property information with market context.

Two adjacent waterfront lots (19 and 20) totaling 1.56 acres are offered with over 550 feet of navigable waterfront just off the Fowl River. The property includes views of the Fowl River, the Fowl River Bridge, and natural marshland, with building sites in Flood Zone X described as high elevation.

The waterfront features an older cut-out slip designed for two large boats, previously covered with an observation/party deck that could be rehabbed. Huge concrete pilings from the old Fowl River Bridge were used as a bulkhead, and the seller has estimates to reposition them and/or install a vinyl bulkhead. The seller is on a waiting list for bulkhead repair slated for October, which could be transferable. An old septic tank is also on the property.

The lots are located at the end of Marguerite Drive in an established neighborhood described as private, surrounded by custom homes. The property is positioned on East Fowl River, with proximity to Mobile Bay mentioned for related water activities.

Key Highlights

  • Two adjacent lots in Fowl River Estates total 1.56 acres with 550+ ft of navigable waterfront on East Fowl River.
  • Water views include the Fowl River and Fowl River Bridge, plus natural marshland.
  • Building sites are in Flood Zone X with high elevation.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Plumbing Service Real Estate Agency Restaurant Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 36523, AL

2,779
Population
1,201
Households
2.3
Avg Household Size
48
Median Age
19%
College-Educated
80%
High-School Grad
36.8 sq mi
ZIP Area
76
Density / Sq Mi
$57,988
Median Household Income
$28,684
Median Earnings
$863
Median Rent
$191,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Two adjacent lots offer 550+ feet of navigable waterfront with elevated building sites in Flood Zone X.
Where is this waterfront land located?
The property is located at 12163 Marguerite Dr Coden, AL.
What is the asking price?
The asking price for this property is $999,990.
What are key features of this property?
This property features: Two adjacent lots in Fowl River Estates total 1.56 acres with 550+ ft of navigable waterfront on East Fowl River.; Water views include the Fowl River and Fowl River Bridge, plus natural marshland.; Building sites are in Flood Zone X with high elevation.
More about this property
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