Foley Beach Express Foreclosure

Property Detail*

Listing Type: Commercial

Zoning: B-1A, Extended Central Business District

Lot Size: +/- 70 Acres

Frontage Feet: +/- 1,320 on FBE

Taxes: $98.08 (2011)

Location: Located on the west side of the Foley Beach Expressway (FBE), just south of Hwy 98 and north of County Road 20. Close proximity to OLF Barin U.S. Naval Res. & Glen Lakes Golf Club. Foley Beach Expressway is a 4 lane, main thoroughfare used by travelers to the Gulf Beaches, including Gulf Shores, Orange Beach and Perdido Beach.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

Property Detail*

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