4-Unit Multifamily
For Sale
$1,050,000
27523 Park Drive, Orange Beach, AL 36561
Residential Income, Orange Beach, AL
Property Size3,333 SF
Lot Size0.51 Acres
Price / SF$315.03
Days on Market199
Property Features for 27523 Park Drive
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 5, Bedroom 4, Bedroom 2, Bedroom 5
Parking features
None
Appliances
Gas Range, Microwave, Dishwasher, Refrigerator
Subdivision
East Orange Beach
Lot features
Less Than 1 Acre
Elementary school
Orange Beach Elementary
Middle school
Orange Beach Middle
High school
Orange Beach High
Directions
Take Canal Road East. Take a left onto Wilson (Orange Beach Elementary School). At the first stop sign turn right onto Park Drive. 27523 Park Drive is on the left about .2 miles down.
Standard status
Active
APN
62-07-36-0-002-028
Size
3,333 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Description
80' X 296.3' LOT 60 EAST ORANGE BCH 2ND ADDN IN THE CITY OF ORANGE BEACH SEC 36-T8S-R5E PB5 PG61 (WD)
Tax Annual Amount
1935
HOA Fee
$200 Annually
Legal Description
80' X 296.3' LOT 60 EAST ORANGE BCH 2ND ADDN IN THE CITY OF ORANGE BEACH SEC 36-T8S-R5E PB5 PG61 (WD)
Utilities
Utilities
Natural Gas Available
Heating system
Electric (Heating), Central
Building Details
Year built
2001
Floors in Building
1
Flooring type
Vinyl
Roof type
Metal
Architectural style
Other
Buildings
2
Listing Agency:
List With Freedom, Inc
Listed By:
Ralph M Harvey · License #111198
(855) 456-4945
Added: Apr 15
Changed: Oct 27
Last Checked: Oct 30 at 2:06AM
MLS# 395115
Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Four living units are arranged across two detached buildings on a 0.51-acre lot. Together, they contain 3,333 square feet, with 5 bedrooms, 5 bathrooms, 3 kitchens, and 4 living areas. The configuration supports separate household spaces or multiple rental opportunities. The property was built in 2001 and has a metal roof, vinyl flooring, central electric heat, and natural gas available.
The property is water-close in Orange Beach. A neighborhood boat launch is available, and the Orange Beach Recreation Center and schools are nearby.
The property is water-close in Orange Beach. A neighborhood boat launch is available, and the Orange Beach Recreation Center and schools are nearby.
Key Highlights
- Four independent living units in two detached structures
- 3,333 square feet on a 0.51‑acre lot
- Combined layout includes 5 bedrooms, 5 bathrooms, 3 kitchens, and 4 living areas
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
Explore this area
Business Placement
Demographics for 36561, AL
9,146
Population
16,184
Households
0.6
Avg Household Size
52
Median Age
41%
College-Educated
98%
High-School Grad
16.7 sq mi
ZIP Area
548
Density / Sq Mi
$89,432
Median Household Income
$48,771
Median Earnings
$1,346
Median Rent
$529,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two detached buildings offer separate living spaces suited to extended households or multiple rental arrangements.
Where is this multifamily property located?
The property is located at 27523 Park Drive Orange Beach, AL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Four independent living units in two detached structures; 3,333 square feet on a 0.51‑acre lot; Combined layout includes 5 bedrooms, 5 bathrooms, 3 kitchens, and 4 living areas
