Perdido Homes under $500,000

Perdido Homes under $500,000

Welcome to Perdido, Alabama – a hidden gem nestled along the breathtaking coastline of the Gulf of Mexico. Known for its stunning natural beauty, Perdido offers a unique blend of small-town charm and coastal living, making it the ideal destination for families, retirees, and anyone seeking a serene escape from the hustle and bustle of everyday life.

Perdido boasts a rich tapestry of outdoor activities, from fishing and boating in the tranquil waters to exploring the pristine beaches that stretch for miles. With its lush landscapes and vibrant wildlife, nature enthusiasts will find themselves in paradise. The local community is warm and welcoming, reflecting the southern hospitality that Alabama is renowned for.

For those looking to make Perdido their home, you’ll be delighted to discover a variety of beautiful homes available for under $500,000. Whether you’re searching for a cozy beach cottage, a spacious family home, or a charming bungalow with stunning views, Perdido has something to suit every taste and budget. The real estate market here is thriving, offering an array of options that allow you to embrace the coastal lifestyle without breaking the bank.

Imagine waking up to the sound of waves crashing and enjoying your morning coffee on a sun-drenched porch. With homes in this price range, your dream of coastal living is more attainable than ever. Explore the beauty and tranquility of Perdido, Alabama, and find your perfect home in this idyllic community. Your slice of paradise awaits!

Newest Perdido Homes under $500,000

54722 Coleman Rd, Perdido
$375,000
410483 MLS
5-Unit Multifamily Portfolio | Atmore, AL | 100% Occupied | $54,540 Gross Annual Income Five-unit multifamily portfolio held across 4 parcels at 3 scattered sites, 100% occupied at the time of listing. Unit mix is (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA, totaling 6,068± sf of leased space. Gross scheduled rent is $4,545/month, or $54,540 annually, averaging $909 per unit. *Average tenancy approximately 3.8 years; longest tenant in place 7 years *Tenants pay power, internet, etc., and maintain their own yards *Owner-paid water $70/month total; taxes estimated at $1,000/year *Central heat and air in all 5 units; roofs and HVAC are approximately 7 years or newer *2 sites inside Atmore city limits, 1 site outside city limits in Perdido. Rent roll by site: 101 SWIFT ST- $995/MONTH. 2 parcels supporting one 80x16 unit, 3BR/2BA, 1,280± sf with a privacy fenced yard. Refrigerator, dishwasher, and stove convey. AC unit is 4 to 5 years old. 60 PERCH ST- $1150/MONTH. 1 parcel with a 48x26 doublewide, 3BR/2.5BA, 1,248± sf, rebuilt after a fire. 3 COLEMAN RD HOMES- $800/MONTH EACH. Located in Perdido with 1 parcel carrying 3 units: two 80x16 at 3BR/2BA, 1,280± sf, and one 70x14 at 2BR/2BA, 980± sf. Atmore sits on the I-65 corridor between Mobile and Pensacola, an hour from the Gulf, anchored by Wind Creek and steady local industry that keeps workforce housing demand consistent. The rent is in place. The tenants have stayed. The work of establishing this one has already been done. Call to request the rent roll and schedule a tour. Buyer to verify all information during due diligence.

54722 Coleman Rd, Perdido

Listing courtesy of PHD Realty, LLC.

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