For the wise investor looking for a commercial foreclosure in Florala, AL, foreclosure.com is here to help. We have numerous listings in Florala, AL, many of which look like excellent opportunities. And if you do not see the property you are looking for, you can search nearby counties as the foreclosure.com web site lists commercial properties in foreclosure in all areas around Florala, AL. Consider signing up for our email alerts so that you can see our new listing as soon as they come in.
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Florala, AL, is a tranquil city nestled on the border of Alabama and Florida, offering stunning views of Lake Florala. Ideal for families and those looking for a retreat, the city features plenty of parks and a tight-knit community atmosphere. Residents benefit from local amenities while having easy access to larger urban areas.
There are currently 1,191 real estate properties in Florala, AL, with a median automated valuation model (AVM) price of $127,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Florala, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Florala, AL, is $174,962.00, with the most expensive house in Florala, AL, topping out at $1,810,349.00 and the cheapest home in Florala, AL, clocking in at $10,098.00. In other words, there’s something for every potential homebuyer or savvy investor in Florala, AL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Florala, AL, is on a rollercoaster ride. The average rent price in Florala, AL, is $888.00. Indeed, when looking to rent in Florala, AL, you can expect to pay as little as $520.00 or as much as $2,180.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Florala, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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