700 Village Square Drive, Andalusia, AL 36420 (MLS# 993829)

700 Village Square Drive, Andalusia, AL 36420

$449,900

Property Type: Commercial for Sale Lot Size (sq. ft.): 217,800 Status: Pending

Current Price: $449,900 List Date: 1/27/2026 Last Modified: 1/29/2026

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.

More Information MLS# 993829

Contract Info

GCCMLS Number: 99999999 Listing Board: Emerald Coast List Date: 2026-01-27 List Price: $449,900

Location, Tax and Legal

Sub Area: 3006 - Other Counties Property Name: Villiage Square Apartments Legal Description: DB/PG>721-476 6/18/80 COM SE COR SE4 OFNW4 SEC 19 T4N R17E N660FT W 1030FT TOPOB CONT W 329FT S 44FTS 44' TH W 243' TH S356' TH E 572' TH N TO POB. VILLAGE SQUARE

General Property Info

Listed on GCCMLS: No Vacant: No Immediate Occupancy: Yes Zoning: Comm Acreage: 5

Listing Info, Tax & Legal

As Is: No

Remarks & Misc

Remarks: 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.

Class

Income Producing: 1

Construction Status

Existing: 1

Income Producing

Year Built: 1978 Building SqFt: 27980 Property Type: Multi-Family

None

Current Price: $449,900

Status Change Info

Status: Pending Under Contract Date: 2026-01-29

Location Tax and Legal

Area: 30 - Other Counties Street #: 700 Street Name: Village Square Street Suffix: Drive State: AL Zip Code: 36420 County: Covington Parcel ID: 23 13 04 19 3 001 038.001

Property Features

Class: Income Producing Construction Status: Existing

Listing Office: Merrifield & Pilcher Realty

Last Updated: January - 29 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.