About This Home

This 0-bedroom, 0-bathroom commercial at 700 Village Square Drive in Andalusia, AL is listed for $449,900. on a 5.00 acres lot.

Key Features

  • 5.00 acre lot
Listing Description

Looking for your next investment opportunity - located in Andalusia just behind the Hospital sits this 40-unit apartment complex. All units are 1 BR - 1 BA with living room, kitchen and large closet space making it the perfect size apartment for renters. Property includes 9standalone complexes as well as an office and paved parking. This complex has been well maintained and has an onsite manager. Located close to shopping, schools, parks, and the hospital makes the location an even more desirable turnkey opportunity.

Monthly Cost Estimate

$2,406/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

700 Village Square Drive

Andalusia, AL 36420

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 700 Village Square Drive is listed at $449,900. The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 5.00 acre lot.

This property is listed by Christa V Merrifield.

CM

Christa V Merrifield

License 689338

Agent at Merrifield & Pilcher Realty LLC

Listed by Merrifield & Pilcher Realty LLC · Broker phone: (850) 892-9650 · Broker website

MLS# 993829· Source: Emerald Coast Association of Realtors· 274 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

700 Village Square Drive, Andalusia, AL 36420

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